Listed on realestate.com.au & domain until sold
11 Photos
Sold
11 Photos
+7
Sold
$640,000
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house
Sold
$640,000
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house
FARMLAND INVESTMENT OPPORTUNITY
Property ID: 81437
1070.94 acres (433.4 ha)
Farmland in the Mallee region of Victoria near Linga 3509, Vic
$640,000 = (approx. $600 per acre or $1,470 per ha)
INVESTMENT OPPORTUNITY
Currently 1 year into a 5-year farming lease returning $37,483.42 pa.
Rates $2,726.37 pa.
Water $560 pa.
It’s leased long term to the son of a well-established local farming family who are happy to continue cropping it into the future.
This block has been inherited and the owner is selling to buy a property to live on.
Finding a safe investment with a good return can be hard as the stock market and housing prices can be unstable.
Land is considered a safer investment, especially food producing land as the demand for food is only increasing with the growing population.
Farmland doesn’t require the same level of maintenance as a house so if you’re looking for a passive income and safe investment, this productive farm block is worth considering.
Farmland in the Mallee region of Victoria near Linga 3509, Vic
$640,000 = (approx. $600 per acre or $1,470 per ha)
INVESTMENT OPPORTUNITY
Currently 1 year into a 5-year farming lease returning $37,483.42 pa.
Rates $2,726.37 pa.
Water $560 pa.
It’s leased long term to the son of a well-established local farming family who are happy to continue cropping it into the future.
This block has been inherited and the owner is selling to buy a property to live on.
Finding a safe investment with a good return can be hard as the stock market and housing prices can be unstable.
Land is considered a safer investment, especially food producing land as the demand for food is only increasing with the growing population.
Farmland doesn’t require the same level of maintenance as a house so if you’re looking for a passive income and safe investment, this productive farm block is worth considering.
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