Price Undisclosed

0 Bed  •  0 Bath  •  0 Car  •  750000m²

Main view of Homely rural property listing, 240 Lachlan Road, Lachlan TAS 7140
Second view of Homely rural property listing, 240 Lachlan Road, Lachlan TAS 7140
Third view of Homely rural property listing, 240 Lachlan Road, Lachlan TAS 7140
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Sold

240 Lachlan Road, Lachlan TAS 7140

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Price Undisclosed

  • 0
  • 0
  • 0
  • 750000m²

Rural Property Sold on Tue 17 Sep, 2019

What's around Lachlan Road

Rural Property description

“Versatile Holding With Passive Income”

This picturesque property halfway between New Norfolk and the hamlet of Lachlan has much to offer.
The property is subdivided into about 12 paddocks and about half the property is arable. Much of the property is excellent grass pastures suitable for hay production or fattening and all paddocks are well watered from permanent waterholes.
Although traditionally used for hay production, breeding and fattening livestock, there is a 54 megalitre water right and a pipeline easement from the Lachlan River than would allow irrigation development for high intensity stocking or cash cropping.
Centrally located on the property is a red gravel quarry that is operated by a local earth moving company that provides a return to the land holder of approximately $25,000 per year.
It is difficult to find small holdings such as this that are profitable, fertile and productive, especially ones that aren't over capitalised.
A great opportunity to secure a quality property in the ever-increasingly popular New Norfolk/Lachlan area.

Land details

Area: 750000m²
Fourth view of Homely rural property listing, 240 Lachlan Road, Lachlan TAS 7140View more
Fifth view of Homely rural property listing, 240 Lachlan Road, Lachlan TAS 7140View more

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240 Lachlan Road, Lachlan TAS 7140
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