UNIQUE INVESTMENT OPPORTUNITY ON RIVER FARM ROAD, KUNUNURRA

Looking for an investment opportunity in Kununurra with a healthy yield? <br/>This multi-lot title is now on the market for sale and we welcome investors who are looking for rural holding in town that is generating a healthy return.<br/><br/>Initial Key Points:<br/>- Approx 71.79 Hectares / 68.46 Hectares subject to current lease<br/>- Current use - Forrestry & Residential - Sandalwood Plantation<br/>- Sought after location in Kununurra <br/>- Lengthy remaining term on current lease agreement with option<br/>- Healthy rental return (strong passive income) with annual CPI increases<br/>- Property is being sold with lease terms and conditions currently in place<br/>- Property is fully maintained under current lease terms by Lessee<br/>- Main Residence - 4 Bedroom / 2 Bathroom - circa 208m2 residence & built circa 1990<br/>- Additional accommodation to main residence with capability to house staff <br/> members on the property with ample parking - more detail can be provided<br/>- Machinery & Packing Shed - circa 1170m2 and built circa 1995 / Three phase power<br/>- Large concrete paved loading area between packing shed, workshop and pump shed<br/> with an an area of approximately 675m2<br/>- Workshop built circa 1995 / 118m2<br/>- Three rainwater tanks holding approx 56,000 litres in total<br/>- Operational bore, mains electricity, solar power, septic tank & bottled gas connected<br/>- Current water entitlement / license maintained by Lessee<br/>- Extensive pump irrigation systems currently onsite<br/>- Fertile irrigated farmland<br/>- Improvements to the overall property have been conducted<br/><br/>To find out more about this opportunity, discuss figures, current lease terms, property improvements and how this may fit with your investment plans over the coming years, please contact Shelley on 0488 332 212 or don't hesitate to email [email protected].<br/><br/>