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Ringarooma, . Cuckoo Hill Road

Lifestyle Forestry Investment Property on 43.99 Ha

Price by Negotiation over $250,000

Listing Number: TNE070405
About this listing
Reduced- Priced to sell!
Tucked away under the foothills of the Ringarooma basin in prime tree growing country with an average annual rainfall of 1250mm.
This property comprises a 38Ha eucalyptus (Nilen & Globus) plantation under a share forestry agreement.
5 Ha was planted in 2002 to mature and be harvested 2012-2015. 33 Ha was planted in 2004 to mature and be harvested in 2016-2019. This will be harvested in 2018 and re-planted with pines. Owner will have 100% ownership of plantation.
This property has gravel reserves which are largely untapped.
Balance of land comprises a mixture of regrowth bush small pine plantation and approx 1 Ha has been sown to pasture with frontage to the Maurice River.
This property has extensive frontage to the Maurice River and there is possible home sites (STCA).
GST will apply if Purchaser is not registered for GST.
Property Information
  • Land area
    • Land Area Acres: 108.70
    • Land Area Ha: 43.99
  • Property Type: Other / Unspecified

Contact Details

Harcourts North East

24 King Street
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