THIS quality rural grazing property, located on Hopeland Road, Keysbrook and about one hour from Perth CBD, offers buyers an excellent large parcel of land compared to others in the region on the current market.
Located on one title, opportunities to acquire a large rural holding with potential for further sub division (subject to WA Planning Commission approval) in close proximity to Perth are quite rare.
Not to mention a property with such high productivity.
A gravel driveway provides access to the stock yards, which are on a sandy loam rise, and provides plenty of room for further infrastructure and potential home sites.
Magnificent sandy loam to loam to loam over clay soils are a feature and combined with the correct pasture and fertiliser management, will ensure solid stocking rates and surplus feed for making hay.
There is ample water available with the property, currently serviced by four dams and three windmills.
Boundary fencing is in generally very good condition and with limited internal fencing, providing a great opportunity to fence the property to the individual requirements of the discerning buyer.
Power runs along the western boundary of the property.
A mining lease with Matilda Zircon Limited (MZI Resources Ltd), which is in the rehabilitation phase, is due to expire in July 2022.
Income schedule from this lease is as follows:
- $50,000 July 2019;
- $50,000 July 2020;
- $50,000 July 2021; and
- $25,000 July 2022, plus 50 per cent of the annual rates ($7634 in total or $3,871 per annum).
The location of this property is sure to create appeal, being 124 kilometres from the Muchea Livestock Centre, 80km to Perth International and Domestic Airports, 66km to Fremantle port, 97km to Harvey Beef, 26km to Mandurah and about 27km to Pinjarra.
Price: EOI closing Wednesday, May 1, 2019
Agent: Elders Real Estate Bunbury
Contact: Don Fry 0418 909 916