Landmark Harcourt's Albany is please to present to today's market a small rural investment property.
Crosby Tree Farm is located 38 kms from the City of Albany and 26 kms to Manypeaks a small rural town site with an excellent school. Close to some of the South Coast regions most pristine beaches with Cheyne's a short drive away and a few National Parks.
The property is currently under contract with Bluegums to ABP until 2026 with harvest expected in 2021 to 2023; current income is at $14,248 per annum and paid ¼ in advance.
Area of bluegums is 64.8 ha's with 6.9ha's firebreaks and the balance pristine bushland with total area of 94 hectares.
Improvements include a large multi-purpose shed as machinery - workshop area plus a small shearing area. All fully enclosed and constructed from steel, wood and corrugated iron.
Mixed soil types from gravel loams, gravels, sands and sand over iron stone over clay, two dams are constructed on the property plus boundary fencing of mixed plain wire and ringlock.
Excellent opportunity to acquire a small rural property with a good income generation, then after harvest re develop into pasture and or your desire.
Neville Tutt 0419 193 500
Albany (08) 9841 1000
