Held over two Titles, this property consists of a mixture of well managed Blue Gum plantation and grazing land, situated almost halfway between Portland and Heywood. This property is in an ideal location due to the excellent rainfall that South West Victoria is known for, in addition to its proximity to Portland’s deep sea Port. The plantation section is currently in its second rotation under a lease agreement, providing a steady income, while the remaining land is used for livestock grazing (separate lease agreement) providing further income. The property features a good set of cattle yards, two major dams with excellent water retention and linked to multiple smaller dams. In addition, water bores also provide favourable water capability. A great piece of land with instant income, along with potential for so many other possibilities into the future. Talk to the A1 team for further discussion and inspection times.
Estimated monthly repayments based on advertised price of $700,000.
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