For Sale

684 Palana Road, WHITEMARK

$1,500,000

Land Area 377.36 hectares

As New House - All Sown In Permanent Pasture

"RICHMOND PARK"
Richmond Park offers the opportunities to graze cattle and/or lucrative sheep and crop as well. By increasing the inputs would increase the stocking rates if so desired. It property has the water, soils, fencing and fertility to provide a great financial return and lifestyle for the new owners! It s a credit to the inventive and cost efficient methods the vendors have perfected, to have developed this property over the last 16 years to such a high level. The yearly production demonstrates the excellent productivity generated from the property. Yet there are opportunities to take it to another level of stocking rates and fodder production so a decent capital gain would be realised in another 16 years' time for the new owners. The vendor's current agricultural contracting business (hay, silage, spraying and cultivation) offered by Richmond Park can be continued by a new owner if so desired and would provide an additional source of income. Flinders Is house construction is an expensive exercise so the fact the house has recently had a quality renovation undertaken is a bonus. It has 2 bedrooms with potentially a third and quality Miele and Bosch appliances. Has a large machinery shed with concrete floored workshop and quality stock-yards. As it's located on a sealed road some 7 kilometres from Whitemark with its airport, schools, hospital, bowls and golf clubs etc. and so very close to various beaches and fishing locations, means a balanced lifestyle will ensure. Further to the major reasons that Richmond Park is a great opportunity: It lays below a water shed, forested hill side with a permanent underground water, the soil holds summer moisture as well as the permanent water bore for home and stock which is reticulated throughout the property. The permanent spring fed dam on the property demonstrates the clarity and quality of water and provides a small scale irrigation opportunity. The soils vary from the moisture, nutrient holding darker and some red soils to the lighter well drained sandier soils that also hold moisture. Fencing is good both boundary and internal. If conversion to sheep an option, the fencing would generally just require one more strand. Fertility rates vary from excellent to average however the vendors dosing of stock water with minerals and generous fertilizing applications with the fodder cropping, again ensures efficient expenditure. With its great ocean views to Bass Strait and the outer islands, Richmond Parks could be just the lifestyle and profitable rural business opportunity you are looking for...worth inspecting to understand farming on the paradise of Flinders Island offers so many benefits.

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Property Overview
Land Use: Cropping, Mixed Farming
Homestead
Bedrooms: 2
Bathrooms: 1
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