Amazing Income Potential, 5 acres, 150 Mature Olive Trees

122 Blue Gum Crescent, Gabbadah, 6041

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295,000 AUDEst. Mortgage: AUD 2,073/monthFor Sale
  • Ownership Type Residential Land
  • Property Area 20,234 sqft
  • Bedrooms Shared
  • Bathrooms 0
  • Furnished No
  • Last Updated 5th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

Welcome to this feature packed 5 acre block located in Redfield Park Estate Gabbadah. So much time and love over the last 20 years has been poured into this property from the current owners leaving future owners free to relax and reap the rewards!!

The block has many significant improvements and could be perfect for semi Retirees with the potential of income from the huge Olive Orchard.

FEATURES INCLUDE
- 5 acres of gently sloping land that is fully fenced with an entrance off Blue Gum Crescent and a gate entrance off Indian Ocean Drive. Owners have removed most rock from the block and have a levelled area, rock free ready to build your dream home on.
- Mature trees planted along the border of the block which blocks out Indian Ocean Drive visually and absorbs any traffic noise
- Approx. 150 New Norcia Mission Olive trees that are approx. 20 years old. At present 2 stations water the olive trees with approx. 75 underground sprinklers on each station (approx. 150 in total) watering this area. The owners have forward thought and installed a 3 further rows of retic pipe underground ready and able to service another 150 trees if you want to expand on the current orchard.
- Fruit Trees including Grape, Fig, Apple, Peach, Plum, Lemon, Mandarine - approx. 20 mixed trees in total
- Bore with brand new 3 phase bore pump with full auto retic system installed.
- 9mx6m powered main shed with wood heater, kitchenette, electric stove and shower room with toilet and electric hot water system. Further 9mx4m addition to the main shed enclosed as a large bedroom area. This area is self contained and set up for weekends, holidays or to live in while your build your dream home. The owners are happy to leave behind all furniture for the buyer with the exception of the fridge/freezer/washer/dryer/wood box.
- 9mx6m Carport which can double up as an outdoor patio area
- Smaller wood/tool shed
- Rainwater tank approx. 3500 litres

This property really is a rare find to have had so much invested into it that you can then build on with the added bonus of being located only 5 mins to Seabird, 10 mins to Moore River and 45 minutes to Joondalup. The government provide free school buses services and this area is thriving with families coming in to enjoy all the gorgeous Moore River Region has to offer.

Call Tracy on 0419 998 306 to view.

Location on Google Map

122 Blue Gum Crescent, Gabbadah, 6041

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