Adjoining the Karridale Townsite is this large tract of land planted to approximately 40 hectares (100) acres of Pines. Returning $11,633.00 PA under contract with the Department of Parks & Wildlife and due for harvest in 2020. The balance of the land is quite magnificent forest, with tall Karri trees, along with Jarrah, Marri & Peppermint forest. The understorey is a wonderful assortment of grass trees, wildflowers and West Australian shrubbery. Additional improvements include, natural spring fed dam, large spring fed gully, lockup steel shed with power & accommodation facilities (not Shire approved).
The property is currently zoned rural. However across the road is a new 2,000m2 rural/residential subdivision. This would make a great weekender as you are not far from Hamelin Bay and Cosy corner beaches. Hamelin Bay Wines Cellar Door and the Boranup Furniture Gallery is just down the road and only a short drive to the town of Augusta.
A most interesting property offering seclusion and privacy with certainly some long term investment potential.