Presenting a great land acquisition opportunity in a productive and sought after farming location.
Well located with sealed road frontage, the property is an easy drive from Albany, Denmark and Mount Barker.
Totalling 225.96ha, this quality property has 188.78ha under blue gum plantation lease agreements with two separate companies, with a gross rental return of $79 846.88 per annum. These payments are linked to CPI.
The balance of the property area is a combination of access roads, firebreaks and pristine natural flora including Jarrah, Redgum and Sheoak to name a few. The soil types are predominately gravelly loam and the property is undulating and well drained.
Water is in abundance from several dams including a large spring fed dam and a rare option for connection to scheme water from the recently installed Albany Denmark pipeline that runs along the northern boundary of the property. Single phase power is also available.
The long term rainfall in this area is in the vicinity of 810mm (source BOM). 697 Redmond West Road is the ideal low risk investment that will give you security and tenure of a quality property in a high rainfall and proven reliable location.
For more information or to arrange an inspection please contact Simon Thomas at Elders Rural Real Estate on MBL 0407 380 365.
For sale by Expressions of Interest by Formal Offer Closing on Friday 6th May 2022.
