. Murray Valley Highway, Koetong VIC 3704

Land Size

500 acres (approx.) 200 ha. Freehold land

Particulars

Allotments being Lots 1, 2, 3 and 4 LP: 135441

Location

66kms East of Wodonga via the Murray Valley Highway 26kms from Tallangatta and some 50kms from Corryong. Murray Valley Highway Frontage.

Land

Recently harvested former pine plantation. Low hill country. Sound red and grey country that has proved ideal in pine production. Land is offered as it stands and ready to replant immediately. Alternatively the land can be converted to pasture farmland. The options are available. Water is available by catchment dam and seasonable creeks.

Subdivision Potential

Although a subdivision into the existing Crown allotments is not as it currently stands the four allotments do offer the opportunity for multiple ownership that may appeal to a group of investors that may wish to proceed with replacing the property to pines. Alternatively the separate allotments may be of advantage to those that may wish to convert the property to farmland and use some for multiple ownerships.

Pine Plantation

There is no doubt that pine production is a most worthwhile long term investment. It is suggested that should a potential purchaser wish to enter into the industry that might make enquiries from several management companies available in the area.



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Property Code: 1388