29371 Tasman Highway, Weldborough, TAS 7264

At a glance:-

239 hectares or 584 acres of mixed-use land.

2 titles. - 104.2ha mostly pasture. 135ha plantation and pasture.

Plantation value - approximately $50,000 now, $50,000 in 4 years.

Two communication towers on top returning $4,000 and $10,000 per year.

Close to Blue Tier Overland Track, Pyengana, and St Helens.

Rates - $2260 per year.

If you are after a big piece of land for sheep, cattle, or recreational use, look no further. Here we have 239 hectares or approximately 584 acres of land on 2 titles ready for you to buy. Located in beautiful Weldborough very close to the Blue Tier/Bay of Fires Mountain Bike Overland Track.

The lower part of this property, lot 3, is 104.2ha and offers mostly cleared pasture with lush grass, fenced into 3 paddocks, with a hay shed and three road entries. The long boundary is on Tasman Highway and the side boundary is along Parrys Road. The previous owner had cattle running on this property and used the paddocks to grow hay. There is a dam, a stream, and several waterholes for cattle.

The second title, lot 1, is behind lot 3 and access is via a driveway that crosses lot 3. This title is 135ha, undulating with some flat sections at the top. On this block, there is a plantation of approximately 120 hectares. This plantation is free from any share agreement and is fully owned by the landowner. One stand of trees is ready to harvest and should return approximately $50,000. A second stand of trees is approximately 3 to 4 years from harvesting and should return approximately $50,000. There is also a stream and a waterhole on this title. At the top of the block, there are fabulous views of Weldborough in one direction, and the ocean in the opposite direction. This is where the communications towers are situated and are bringing in a passive income from rent. Currently, the rent is $14,000 per annum and linked to CPI.

This is a fantastic opportunity to secure a large parcel of rural land in a magical Weldborough Pass. This land is approximately a 10-minute drive or 17-minute Mountain bike ride to the Lookout and Blue Tier Overland Track, a 24-minute drive to Pyengana, and a 47-minute drive to St Helens.