Lot 41/41 Catterick Road Catterick WA 6255

We have been instructed to offer this privately owned plantation for sale by "Expression of Interest" over $1,300,000, closing 10 December 2021.
This unique plantation property will offer an immediate income from mature Blue Gums and pines, with further ongoing investment from remaining recent plantings of Blue Gums. This property is ideal as a super fund investment. The 193.58ha (484ac) property comprises 3 separate titles with loam & sandy loam/gravelly soils, undulating terrain and well located for easy transport to Bunbury Port.
The property contains approx 135ha of plantation timber including pines, blue gums and a mixture of other hardwood & softwood species. 18.4 ha of mature blue gums are ready to harvest now, providing an immediate income. 6.2ha of pines can be harvested now or grown out for another 8-10 years for structural purposes. 27.5 ha of bluegums replanted in 2019 and 38ha planted in 2021. Opportunities exist for periodic harvest of other species for timber, poles or biomass.
Other features include:

* Hester Brook flows along the southern boundary of this beautifully undulating property which includes 5 dams (3 permanent).
* Includesl small gravel pit;
* 58 ha of natural Jarrah/Marri forest;
* Greenbushes timber mill & Hester Timber Treaters are within 10kms of property;
* Good boundary fencing;
* Quality agricultural land
There is increasing demand for hardwood & pine construction timber as well as blue gum for wood chipping. The proposed legislation ending logging of native forests will only increase the demand & value of timber resources.
For further information re this property please contact John Ranieri on 0438 996 848