Breath-taking Views! Income Earning!

- A huge 180 elevated acres of prime agricultural land running close by Kangaroo Hill.
- Investment opportunity with 2 houses & mobile tower on the land!
- The first house has 4 bedrooms and 2 bathrooms and can potentially be rented at $400 p/w.
- The second house has 2 bedrooms and 1 bathroom and can potentially be rented at $300 p/w.
- A Telstra tower on the property brings in $11,275 per annum, which rises by 2.5% each year.
- That's a potential of almost $50k coming in every year without any cattle or farming!
- A large 4 bay farm shed.
- Excellent access to the land, around 40 acres of the property cleared for grazing animals.
- Water supply on the property is available from 10 spring fed dams, some of which have never dried up since 1939.
- Current DA for a tree nursery which is valid for the next 12 months.
- 2 x 1.5 KW solar systems already in place.
- Has great panoramic views of the Border Ranges, Nightcap Ranges and all the way to Lismore!

***There is an offer from an investment company to purchase the lease of the communications network tower for $125,000 which in essence would be deducted from the sale price, something to consider****

Call Uri for more information on this spectacular property!


contact

Uri Ross

Uri Ross

02 6689 1305

0423 280 278

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property information

  • Street Address 140 Stead Road
  • Suburb Jiggi
  • Postcode 2480
  • Price $950,000
  • Property Type Rural for Sale
  • Land Size 180 Acres