Lot 280 Bark Hut Rd WOOLGOOLGA NSW

Vendor has advised all offers considered! Gross return over 8%, better than bank interest! This 4.29Ha/10.6 acre property is currently being utilised as a Blueberry Farm. It’s very close to Woolgoolga & 15 minutes to Coffs Harbour. It is already creating an income source from the lessee with a good annual rental stream. This property has been planted with an abundance and wide variety of over 9000 plants of blueberries all at different stages using about 7 acres of the property. The infrastructure of nets etc all in place and the farm is under a 10 Year lease (5 years with a 5 years option ie 5×5). This lease returns the owner an amount of $33,000 PA app. Payable each 6 months. The property has a spring fed dam with a 6 mega litre capacity complete with pumps & irrigation. Plenty of shedding & storage & small packing area on site. With still potential to expand into more berry crops & tunnel houses. Access to the property is secluded & private so act fast to secure this growth asset in one of the Coffs Coast must idyllic location.