Comprising approximately 387.69 hectares, this property offers a mix of established sandalwood, arable country and bushland, with some naturally occurring sandalwood.
The country is mostly medium and gently undulating, originally timbered with mallee, whitegum and salmon gum.
Approximately 70 hectares has been planted to sandalwood with acacia host trees. The plantation is expected to be ready for harvest in approximately 12 to 13 years, providing potential for a future return. It is also estimated that there may be approximately 200 native sandalwood trees throughout the bushland, which may provide further potential for income, subject to the relevant approvals.
Other features include:
Approximately 200 hectares indicated as arable
Predominantly medium to heavier soil types
Two dams
High-clearance earth-floor shed
Large concrete rainwater tank
Good boundary fencing
The balance of the property consists of natural bushland, adding to the appeal for someone looking for a rural property with space for recreational use or a private weekend retreat.
With the opportunity for potential lease income from the arable country and potential for a longer-term return from the plantation, this property may suit an investor, neighbouring farmer or someone simply looking to secure a sizeable parcel of land in the Gabbin district.
Lot 1495 East Boundary Road, Gabbin via KOORDA
387.69ha | 958 acres
