For sale by way of Offers to Purchase
Muthawandery - Dandaragan
1,069.25 hectares - 2,642 acres
"Dandaragan Land - A Scarce Commodity"
Muthawandery is very well located in the sought after region of Dandaragan just 20 ks to the north with immediate access to the bitumen road frontage of North West Road. The property itself runs into Mahomet Road and along Muthawandery Road. This is just 195 kms from the CBD of Perth and 32 kms from the regional centre of Moora.
The property is currently leased until March of 2025 with the vendors looking to sell the property with the lease in place such that new owners would have a lease in place for 2024 and receive all of these incomes and then takeover as from March 2025 or even renew the lease.
The area is well regarded for its consistent rainfall which is evidenced by the most adjacent BOM sites at 500- 600mm. The property has been leased in recent years by a mixed farming operator and is set up for exactly that. There has been 500 hectares planted annually to either a cereal or lupin crop with the current crop being 500 hectares of lupins. The cropping potential is seen as having much upside given the modern techniques that are now available when cropping medium type soils.
There is a full compliment of building improvements on the property with a 4 x2 cement brick and iron main residence which has a granny flat attached of similar build and containing 2 further bedrooms and independent living. The property features a 4 stand shearing shed with an excellent set of yards as well as a 20m x 12m x 6m high steel and iron machinery storage shed.
Muthawandery may be the opportunity that you are looking for that can be an add on, be operated as a small operation in its own right or be purchased as an investment looking to gain annual rental income while taking advantage of the strong capital growth that comes from owning land in a reliable, well located area such as Dandaragan
The property is for sale by way of "Offers To Purchase" with offers closing 3pm Wednesday 6th September 2023
Offers to be emailed to admin@nh.com.au
For all further enquiries and to arrange inspection please contact Terry Norrish 0429 471219
Property ID: #L23533859
