Situated just 34 kilometres east of Manjimup in the area known as Perup is this larger property of 445 hectares.
Nutrien Real Estate has listed this Blue gum property for sale with the current lease intact and expiring in December 2023.
Prior to planting this property was a very viable sheep and cattle grazing enterprise, with quality gravelly loam and sandy loam soils producing top quality crossbred lambs for the local market.
There is the potential to take advantage of the commodity prices with all livestock options currently selling well together with buoyant grain prices which could be planted in this area. The higher rainfall of 650mm to 750mm can facilitate all grain options. Boyup Brook is the closest grain receival point at 44kms from the property.
The primary planting of trees was 286.5 hectares and the Sellers retained a 31.5 hectare private planting to be harvested with the main area. This is to be completed by December 2023.
It is envisaged that the new buyer would retain the last 4 lease payments (currently $28,700 per quarter plus GST) plus the private income from the wholly owned portion if harvested. A Deed of Covenant would have to be signed to facilitate the lease transfer.
There is approx. 80 hectares of remnant vegetation and 47 hectares of roads, unplanted and lake areas.
The property has access from Corbalup Road to the north and Muir Road to the south.
Manjimup is the closest regional centre with all health, educational and recreational facilities together with supermarket access and retail outlets. Strong sporting activities are also within the town and surrounds.
In the carbon conscious world, we live in at present this property has many options, whether retained as a tree farm, reverted to grazing or a combination of both.
This property is offered by
"Expressions of Interest" by formal contract of offers over $3.2m. Closing 4pm, 15th October 2022
Inspections by arrangement with
Don Lyster of Nutrien Real Estate on 0427 778 116
or email don.lyster@nutrien.com.au
Property ID: #L21168990
