SoldAug 26, 2019

374 Eighth St, Woorree, WA, 6530

Amount undisclosed

3
2
48562.28 m²

House

30+ days on the market

Sold: Aug 26, 2019

What's around 374 Eighth St

RAMBLING HOME, ON ACRES WITH PASSIVE INCOME

This beautiful farm style home on 12 acres in Woorree has a truck load to offer. The home with its polished floorboards, high ceilings and big rooms has all the charm of a farm house and with the additional bonus of the owners receiving passive income. The income to the new owner, comes from the lease of the 1250sqm shed, adjacent to the home, but completely fenced off from the rest of the property. The long standing and highly successful stockfeed business has leased the shed for the duration of the business and there is a lease in place for that to continue. The property also boasts a second shed which is adjacent to the backyard of this lovely home, the two separated by the expansive green lawn of the backyard. The remaining acreage that runs all the way through to Galilee Way, at the rear of the block is beautifully maintained with the help of one of two bores that this property boasts. The second of the bores is currently unequipped and will be sold as an unequipped bore. The paddocks have been very well looked after and the horses use of them has been rotated to ensure the continued healthy growth. This is a unique property not least of all because your mortgage may well be paid for through the income the business generates. For further information or to arrange an inspection contact Peter Courtland at Elders Real Estate on 0899658274 or 0407 474 104.

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