Passive investment yields good income

Passive investment yields good income

Property
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These properties are all within 35 kilometres of Bridgetown and have very good soil types which are suitable for timber production and longer term agricultural pursuits.

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RAY White Rural WA is offering for sale three separate pine plantations in the Bridgetown-Greenbushes shire.

The properties are all within 35 kilometres of Bridgetown and have very good soil types which are suitable for timber production and longer term agricultural pursuits.

Lot 2242, via Hamilton Road, comprises 123 hectares with 109.7ha being planted to Radiata Pine ranging in ages from 13 to 14 years.

Soil types vary from clay loams rising to gravel loams and the property is well drained and has an annual rainfall average of 700 millimetres.

Lots 3, 4 and 894 Doust Road measures 115.7ha across three titles and has 93ha planted to Radiata aged from three to 10 years.

The property is within 20km of Bridgetown with frontage to the Blackwood River and the soils are mainly clay loams and gravelly sandy loams.

Lots 2 and 6060 Winnejup Road comprises 40.5ha and is 4km from Bridgetown.

With trees ranging in ages from 17 to 19 years, 31ha is planted to Radiata.

Soil types are clay loams to sandy gravelly loams.

There are two large spring-fed dams and power runs through the property.

These properties are available as one transaction or in three separate lots.

They represent a solid investment given the pine resource shortage within the State and are all priced below previous valuation.

Price: EOI

Location: Bridgetown

Area: 123ha, 115.7ha and 40.5ha

Agent: Ray White Rural WA

Contact: Rob Chittick 0429 920 267

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