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160 ACRE SANDALWOOD PLANTATION

Lot 7151 Morbinning Road, MORBINNING WA, 6304

Sold

Property Sold in Lot 7151 Morbinning Road, MORBINNING WA, 6304

Ray White Commercial (WA)

Ground Floor, 12-14 The Esplanade, Perth, WA 6000

Listing ID:
11337595
Status:
Sold
Price:
$580,000
Last Updated:
07/06/2019
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Property Type

Commercial Farming/Other
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Land Area

64 Hectares
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Floor Area

643500 SQM
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Parking

N/A

160 ACRE SANDALWOOD PLANTATION

Just 15kms east of Beverley and 115kms east of Perth sits this 64.35* hectare rural property with 4000* established Sandalwood trees, a steady supply of sandalwood seeds, abundance of jam trees ready to fund sandalwood seeding, a 3 bedroom Hardi & Steel framed home elevated above the block with great views across the Wheatbelt. There are also 2 dams, a large storage shed and guest accommodation set away from the main house.

4000* trees expertly documented and with GPS coordinates allows any avid investors to have peace of mind knowing exactly where every tree is without having to count them yourself. With plenty of land spare there's potential to increase the yield to over 10,000 Sandalwood trees which would increase potential 2.5 times!

Income forecast figures available to serious buyers.

For more information please contact:
Russ Parham
M : 0499 552 255
E : russ.parham@raywhite.com

Lachlan Burrows
M : 0499 552 296
E : lachlan.burrows@raywhite.com

*approximately

For more details, please email agent


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Ray White Commercial (WA)

Ground Floor, 12-14 The Esplanade, Perth, WA 6000


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