Lot 280 Bark Hut Rd, Woolgoolga NSW 2456

SOLD

SOLD BY CARDOW & PARTNERS PROPERTY PH: 66564 1148

Vendor has advised all offers considered!

Gross return over 8%, better than bank interest!

This 4.29Ha/10.6 acre property is currently being utilised as a Blueberry Farm.
It's very close to Woolgoolga & 15 minutes to Coffs Harbour.
It is already creating an income source from the lessee with a good annual rental stream.
This property has been planted with an abundance and wide variety of over 9000 plants of blueberries all at different stages using about 7 acres of the property.
The infrastructure of nets etc all in place and the farm is under a 10 Year lease (5 years with a 5 years option ie 5x5). This lease returns the owner an amount of $33,000 PA app. Payable each 6 months.
The property has a spring fed dam with a 6 mega litre capacity complete with pumps & irrigation. Plenty of shedding & storage & small packing area on site.
With still potential to expand into more berry crops & tunnel houses.
Access to the property is secluded & private so act fast to secure this growth asset in one of the Coffs Coast must idyllic location.

SOLD

$340,000

Land size: 10.6 Acres

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Nicole Cardow
Nicole Cardow
Principal | Licensee
Woolgoolga

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