IT'S hard to find a rural property in the Serpentine to Pinjarra area priced in the $1 million range that not only gives a buyer scale, space and privacy, but is also scenically stunning and can pay its own way.
Lot 201 Morrell Road, North Pinjarra, is just one of these properties.
Set on the 'scarp above Fairbridge Farm, between North Dandalup and Pinjarra, this property comprises 182.9 hectares of freehold land.
It is visually stunning with expansive views to Mandurah, the Peel Inlet and the ocean, with some great building or barbecue sites.
The property is mainly marri and jarrah country with grasstrees and granite outcrops, plus about a 1.2 kilometres of a permanent freshwater brook with small waterfalls.
The property is predominantly cleared or parkland cleared and is grazable with a small area suitable for hay and could potentially run about 1000 dry sheep equivalent.
There is also a gravel deposit that may exceed one million tonnes and an airstrip.
Buildings include excellent steel cattle yards with a covered crush and loading ramp, a small hay shed, general purpose shed with sealed flooring and a small shearing section, as well as a one-bedroom portable accommodation unit.
The property is well fenced with electrified sections and power is connected to the buildings with scheme water available.
The price is offers from $1m and it could potentially be subdivided into four smaller lots.
The property is undulating in places so you will need a four wheel drive, but to find a property that offers all this at such a great price is rare even in today's market.
Lot prices of 40.5ha in the area range between about $600,000 and $800,000 so for not much more you can secure the whole 182.9ha.
- Price: Offers from $1m
- Location: North Pinjarra
- Area: 182.9ha
- Agent: Ray White Rural WA
- Contact: Hugh Ness
- 0428 551 742