Lot 2017 Ballagin Rd Wagin WA 6315

Located just 3 klms from the outskirts of Wagin and under 2hrs from Armadale is 350 acres with a 1.2klm bitumen road frontage that can be secured with a 5 year lease back deal that will see the jojoba plants removed enabling the restoration back to prime mixed farming land.

A bonus revenue raiser not included in the lease back is 3 separate stands of commercial Sandalwood trees that were planted in 2008 and are already in the seed collecting/ marketing phase with an expected partial harvest of limbs around 2020.

The land elevates on each side of a central creek line and is a mixture of heavy/medium loam with a small portion of lighter soil.

Water will never be an issue with a combination of scheme(connected) and 3 dams with the largest being 12,000 sq yards.

Powered infrastructure such as housing and sheds is easily attainable as electricity runs through the Northern end of the property.

Being priced within the average bounds of farming land in and around the local area and coupled with annual returns from a lease going towards repayments does makes this a great long term investment.

Wagin is a strong progressive rural town in the heart of sheep and wheat country and boasts a modern hospital, doctors surgery, $1mil swimming pool, trotting club, horse and pony club, golf, bowling, tennis, netball, football, cricket, hockey, go-karts, clay target clubs etc.

Wagins Woolorama is visited by 25,000 people annually and coupled with probably the best historical village in W.A. and the Giant Ram is a tourism highlight.

There are 2 large supermarkets and a number of other shops including 3 historical hotels.

Wagin would be a great place to invest as the town has just been sured up by 2 national companies establishing businesses on the outskirts and providing employment for around 80 people.

For more information contact your local rep.

Matt Spurr 0406913243