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Lot 8 Bangham Road

Bangham SA 5268

263 ha.
Rural
Currently for sale - view listing

Overview

650 Acres | Established Pine | Future Grazing Potential

263 HA | APPROX. 650 ACRES | RADIATA PINE & GRAZING POTENTIAL $1,025,000 | Approx. $1,576 per acre A unique rural holding combining established Radiata Pine plantation with significant potential to return previously harvested areas to productive grazing country. Comprising approximately 263 hectares (649.8 acres), the property originally included approximately 223 hectares (551 acres) planted to Radiata Pine between 1990 and 2002, at approximately 1,600 trees per hectare. Today, approximately 100 hectares remains standing in pine, providing an existing forestry asset and potential income opportunity. The balance comprises previously harvested plantation areas, offering scope for clean-up and conversion back to grazing country. With a combination of standing timber, substantial land area and future flexibility, this is an opportunity to secure a property with a point of difference from the traditional rural holding. Offered at $1,025,000, representing less than $1,580 per acre - an outstanding opportunity to secure a 650-acre property with established Radiata Pine, forestry income potential and the opportunity to progressively reclaim country for grazing and ameliorating. Contact Agent Danny Verrall - 0421 677 588 today for any further information. RLA 153432

Features

263 ha. lot size
Rural

Property history for Lot 8 Bangham Road

2021
Sold
Undisclosed
Private Sale/Treaty on 15 Apr 2021 by Peter Dahlitz, of Ray White Bordertown & Districts

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Local market activity for rurals in Bangham

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