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Sold $580,000

LAKEVIEW - Suit Investors 7% ROI on 5x5 Lease

PRICE
Sold $580,000
SIZE 5,070,000 sqm
Bedrooms 3
Bathrooms 1
GARAGE 1

620 Dukin West Road, BOORALAMING WA 6475

Property Features
  • 3 bed
  • 1 bath
  • 1 Parking Spaces
  • Land is 5,070,000 m²
  • Toilet
  • Garage

LAWD is pleased to offer for sale Lakeview (the Property), a mixed farming opportunity situated in the tightly held Central Wheatbelt region of Western Australia, an area renowned for cropping and livestock pursuits.

Key investment highlights include:

• Total land area of 507* hectares of which 276* hectares (55%) is indicated as arable.
• Six freehold locations on four adjoining Certificates of Title.
• Improvements include a circa 1968 (3×1) homestead, workshop/general purpose shedding, four stand shearing shed and yards, 25,000L liquid fertiliser tank, scheme mains
water piped from neighbouring location into poly 9,000L central header tank and piped throughout the farm, as well as 2 x poly 4,500L spray water fill tanks,1 x poly 9,000L
tank at house and concrete 4,500L tank servicing paddocks.
• Road frontages to Dukin West Road and Remnant Road.
• Situated 13* linear kilometres southwest of Koorda and 180* kilometres northwest of Perth
• Offered for sale by leaseback returning 7* percent on a 5-year term with further 5-year option.
• Ideally suited to city-based investors seeking a self-managed superannuation investment.

FOR SALE BY PRIVATE TREATY – $570,000

For further information, please contact:

William Morris
0448 415 537

Simon Wilkinson
0456 758 341

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Agents

William Morris
+61 448 415 537
CONTACT AGENT

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