This beautiful North Walpole rural property offers the savvy buyer a number of different options. A local business currently owns and operates from the property and, whilst not essential, is interested to continue to rent a small proportion of the property from the buyer. This opens up a number of options for the discerning buyer:
Option 1: Buy as a charming 100-acre property with an opportunity to move in. The original farmhouse could be occupied immediately or could be renovated over time. The gardens are stunning and were until recently a local tourist attraction. The farmhouse kitchen operated until 2019 as a licensed local café. The property also has extensive well built timber framed sheds and a large dam.
Option 2: Lifestyle opportunity plus income. If you do not want to move in immediately, the property offers two sources of income. The first income source is the annual rental of $18,000 from the well-established Thurlby Herb Farm business that will lease a small parcel of the land, buildings and the sheds. The second source of income is from the blue gums that are on their second cycle.
Option 3: Explore the possibility of qualifying for Government grants that support building homes on vacant land and build your dream home whilst enjoying a substantial rental income.
The property features a large dam, valley views and would suit a lifestyle buyer or a long term investor.
Ads By Google