Affordable investment property offering a hobby farming or alternative lifestyle opportunity away from neighbours and the hassles of urban living !
The property is beautifully suited as a self – managed superannuation investment and also has the capacity to run some livestock for extra income.
The 103 acre managed pine plantation is a Joint Venture with Norske Skog and will be ready for a second thinning in approximately five year’s time with an estimated income of $8,000 to the landowner. The final harvest of sawlogs will be in approximately nine year’s time with an estimated income of around $70,000 calculated on today’s returns.
Land break down is house and 5 acres, plantation – 103 acres and pasture 21 acres.
The house is solid brick veneer with three bedrooms and one bathroom, wood heater, comfortable living room and well-appointed kitchen.
The property is located twenty minutes from Oatlands, twenty five minutes from the east coast and an hour from Hobart.
The property is for genuine sale and offers a great opportunity to invest in the well-respected Southern Midlands farming region. Our vendors are committed.
For further information please contact Nick Mainwaring 0419 372 793