This stunning elevated 48.86 Hectare (120.68 Acre) allotment set high on the ridge overlooking Seaspray and the 90 Mile Beach is a once in a lifetime opportunity.
The land is amazing with some brilliant potential home sites and gentle rolling country that has absolute frontage to the meandering onto Merrimans Creek.
There are three income streams on the property with set leases in place to Telstra and Optus that cover two towers and an exchange. These leases provide a total income at the moment of $31,499 plus GST per annum with set terms, options and annual increases.
The other major feature is that the land is currently zoned farming, but with adjoining and nearby land currently boasting a low density rural zoning there may be potential in the future to work with the shire to get this land rezoned.
What an outstanding opportunity this site represents to the astute purchaser!
TERMS 10% Deposit: Balance in 60 Days

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