• 239 hectares or 584 acres of mixed-use land 2 titles.
• 104.2ha mostly pasture.
• 135ha plantation and pasture Plantation value - approximately $50,000 now, $50,000 in 2 years
• Two communication towers on top returning $4,000 and $10,000 per year
• Close to Blue Tier Overland Track, Pyengana, and St Helens
• Rates - $2500 per year.
If you are looking for a big piece of land for sheep, cattle, or recreational use, look no further. Here we have 239 hectares or approximately 584 acres of land on 2 titles ready for you to buy. Located in beautiful Weldborough very close to the Blue Tier/Bay of Fires Mountain Bike Overland Track.
The lower part of this property, lot 3, is 104.2ha and offers mostly cleared pasture with lush grass, fenced into 3 paddocks, with a hay shed and three road entries. The long boundary is on Tasman Highway and the side boundary is along Parrys Road. The previous owner had cattle running on this property and used the paddocks to grow hay. There is a dam, a stream, and several waterholes for cattle. At the top of this block, there are fabulous views of Weldborough in one direction, and the ocean in the opposite direction. This is where the communications towers are situated and are bringing in a passive income from rent. Currently, the rent is $14,000 per annum and linked to CPI.
The second title, lot 1, is behind lot 3 and access is via a driveway that crosses lot 3. This title is 135ha, undulating with some flat sections at the top. On this block, 127.6ha (306 acres) was sown to Nitens in 2007. After a few bad winters there are approximately 48.6ha (120 acres) viable and ready to harvest. This plantation is free from any agreement and is fully owned by the landowner. One stand of trees is ready to harvest now and should return approximately $50,000. A second stand of trees is approximately 2 years from harvesting and should return approximately $50,000. There is also a stream and a waterhole on this title.
This is a fantastic opportunity to secure a large parcel of rural land on the magical Weldborough Pass. This land is approximately a 10-minute drive or 17-minute Mountain bike ride to the Lookout and Blue Tier Overland Track, a 24-minute drive to Pyengana, and a 47-minute drive to St Helens.
Call Kathleen Gee today for more information.
Town & Country Real Estate has made all reasonable efforts to obtain information regarding this property from industry and government sources that are deemed to be both reliable and factual; however, we cannot guarantee their complete accuracy in every instance. Prospective purchasers are advised to carry out their own investigations to ensure the property satisfies their suitability/usage requirements. All measurements and boundary lines are approximate.
