Southwest Hideaway With Income

313 Courtney rd comprises 62.45Ha (154 acres) of fertile land approximately 40 minutes drive SE of Margaret River township located close to Brockman Hwy and so has easy access to the south coast, Sues Rd, and Blackwood River.

A little over half of the property is planted with pine trees under a lease arrangement until 2020/21 with a current annual payment of around $9800pa (CPI Indexed). Upon harvest the owner will receive a “Profit a Prendre” of 3.71% of the crop, currently calculated as being around $17,000 at today’s prices.

A further 15-20% of the property is bush, and a similar amount is pasture at the eastern extremity. There is also several acres of pasture around the very comfortable shed.

A soak dam on the western boundary holds a good level all year, and there should be ample ground water through the entire area.


Type
For Sale

Location
313 Courtney Road
Courtenay, WA, 6288
Price
$569,000
Size
62.45ha
State
WA
Region
South West

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Agent's Contact Details

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Stocker Preston



Bob Scott
Address:
128 Bussell Highway
Margaret River, WA, 6285

Phone: 08 97805777
Mobile: 0438 907656
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