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Tree Farm - 56.4 Ha - 8370

$205,000.00

Contact Details:

Contact Type:	Broker/Agent
Name:	Halliwell First National
Address:	17 Best Street Devonport Tas 7310
Phone:	(+61-7) 64241496
Fax:	MOB 0418386346

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TREE FARM – 56.4HA – FREEHOLD – 8370 HFN • FORESTRY PLANTATION OPPORTUNITY - NEAR DEVONPORT Situated some 30 minutes from Devonport with some frontage to the Mersey River is this 56 hectare property of which 32 hectares is planted with a Blue Gum Plantation on a share basis with a major Tasmanian forestry company. The trees are due to be harvested in 2017 and the owner's return is estimated to be around $100,000. After harvest it is expected that the site would be replanted by the Forestry company and future earnings would come from the next harvest. The land slopes down to the river and there are good stands of Blackwood and native bush on the portion of the property (about 24ha) not utilized as plantation. There is a dirt road through the property, dams and some good campsites down on the river where the fishing would be great. As of 11th November 2007 the Forestry Company is preparing to plant another 3 to 4 hectares, which will give a return in about 12 years of $10,000 or so. Will know more details when this extra is planted and site will be updated. This could be your opportunity to become a landowner and reap the benefits that will be ongoing from Tasmania's Forestry Industry. For more details call the Listing Agent Tony Hollister on 0418 386 346.

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