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. South Gippsland Highway
Giffard West VIC 3851
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Sold on 15 Sep 2020

. South Gippsland Highway Giffard West VIC 3851

  • Rural / Farming
  • 50.99 ha
  • Sold

A GROWING INVESTMENT WITH SECURE RETURNS

This 126 acre property provides enormous opportunities because of it's size and location. A professionally managed, well established, vibrant, young hardwood plantation with South Gippsland frontage. With 105 acres of the property made up of established plantation timber 11 years of age .

This undulating property has sandy well drained soils, and is coupled with an annual rainfall in the vicinity of 600 mm.

With the Victorian government's recent announcement regarding the total cessation of logging in the state's hardwood forests within in decade (2030), imagine the demand and ultimate value of privately owned hardwood plantations. Owners estimate the current value of timber to be in the vicinity of $70,000- $90,000 That's NOW! Imagine what the possibilities will be as state owned resources become permanently "unavailable"

Add to this, plenty of high ridge top vantage points with a great outlook to build, highway frontage, close to both the coast & the regional centre of Sale or Latrobe Valley.

What better place to watch your money grow! Speak to your accountant.

For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Or call us on (03) 5144 4444

Property Highlights

Date Sold15 Sep 2020
Floor AreaAsk Agent
Land Area50.99 ha
ParkingAsk Agent
Property ID2015892234
Category
Last updated  14 Dec 2020
Map for . South Gippsland Highway Giffard West VIC 3851

Property Highlights

Date Sold15 Sep 2020
Floor AreaAsk Agent
Land Area50.99 ha
ParkingAsk Agent
Property ID2015892234
Category
Last updated  14 Dec 2020

Listed by

Greg Tuckett
Greg Tuckett
Elders Real Estate Sale
Call
0428 826 600

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