' Booths', Manjimup, WA 6258

The options are yours with this small rural holding in a popular area some 32 kms east north east of Manjimup. Just harvested bluegum property is waiting for reversion or to continue with a renewed lease to gain an estimated greater than 4% return on capital. The planted area was 82.26ha with approx. 25ha of remnant vegetation and the balance unplanted. This good grazing land before planting could be returned to its former glory by any of the reversion methods available from the large selection of reversion specialists. Once back into pasture the 5 stock dams and two natural lake areas would be enough for sheep or cattle grazing. The soil types are gravelly and sandy loams over clay and as with all treefarms there is a requirement for a good fertiliser regime, plus a complete new fencing program. The asking price takes this into consideration and the $315,000 is seen to be realistic and inspection would be worthwhile. Call Don Lyster on 0427 778 116 to arrange a visual inspection. Property ID: #LEP26635