41 Catterick Road, Catterick WA 6255
Sold price: $1,425,000
Sold
Sold: 21 Apr 2022
Landsize 1,935,800m2
Land
Contact the agent
John Ranieri
Plantation - EOI Extended
We have been instructed to offer this privately owned plantation for sale by "Expression of Interest" over $1,300,000, now closing 17 December 2021.This unique plantation property will offer an immediate income from mature Blue Gums and pines, with further ongoing investment from remaining recent plantings of Blue Gums. This property is ideal as a super fund investment. The 193.58ha (484ac) property comprises 3 separate titles with loam & sandy loam/gravelly soils, undulating terrain and well located for easy transport to Bunbury Port.
The property contains approx 135ha of plantation timber including pines, blue gums and a mixture of other hardwood & softwood species. 18.4 ha of mature blue gums are ready to harvest now, providing an immediate income. 6.2ha of pines can be harvested now or grown out for another 8-10 years for structural purposes. 27.5 ha of bluegums replanted in 2019 and 38ha planted in 2021. Opportunities exist for periodic harvest of other species for timber, poles or biomass.
Other features include:
Nearby schools
| Greenbushes Primary School | Primary | Government | 5.9km |
| Bridgetown Primary School | Primary | Government | 10.5km |
| St Brigid's School | Primary | Non-government | 10.8km |
| Bridgetown High School | Secondary | Government | 11.1km |
| Balingup Primary School | Primary | Government | 15.4km |
| St Mary's Catholic School | Primary | Non-government | 24.5km |
| Boyup Brook District High School | Combined | Government | 25.0km |
| Kirup Primary School | Primary | Government | 27.4km |
| Nannup District High School | Combined | Government | 35.8km |
| Manjimup Primary School | Primary | Government | 41.3km |