(1P3439) Located South of the current 'Clyde South PSP' UGB zone border on the opposite side of the road is this spectacular 125 acre approx. parcel of land, offering great opportunities for land banking!
The house on the property is currently leased out at $390pw week offering $20,280pa return. There is also a phone tower on the property that as of the end of 2018 was earning $34,723pa, going up each year with CPI.
Total combined income from this property is at least $55,003pa...
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(1P3439) Located South of the current 'Clyde South PSP' UGB zone border on the opposite side of the road is this spectacular 125 acre approx. parcel of land, offering great opportunities for land banking!
The house on the property is currently leased out at $390pw week offering $20,280pa return. There is also a phone tower on the property that as of the end of 2018 was earning $34,723pa, going up each year with CPI.
Total combined income from this property is at least $55,003pa, not to mention the large return that can be added to this figure if you are to run cattle on the property.
The property has two main road frontages on both Manks Road (approx. 458m) and South Gippsland Hwy (approx. 630m). The west side is approx. 893m long and the East is approx. 1.3km long.
For all enquiries please call Jason Brown Direct.
