Rural for sale

684 Palana Road,

Whitemark, TAS

2 1 1
$1,500,000

Best of Both Worlds on Flinders Island.

This lovely rural lifestyle property offers amazing opportunities to own your own valley, to farm cattle and/or sheep, to run a successful cropping operation or to pursue other agricultural avenues as well. Land area is approximately 377.36 hectares/932.45 acres in two freehold titles with lovely sweeping views toward the ocean, mountain ranges and outer Furneaux group of islands. The property has the water, soil types, fencing and fertility to provide a great financial return and offers a wonderful Flinders Island lifestyle opportunity for the new owners! Yearly production demonstrates the excellent productivity that can be generated from this property and this could be further expanded upon to realize decent capital gains. The soil holds summer moisture as well as having a permanent water bore servicing the home and livestock which is reticulated throughout the property to water troughs. There are 13 dams on the property and the vendors have successfully operated a small scale irrigation system in the past. The large spring fed dam could provide a small scale irrigation opportunity once again. The soils vary from dense nutrient holding darker soils to some red soils and to lighter well drained sandier soils that do hold moisture and paddocks have been sown into permanent Victorian rye grass pasture. Fencing is in really good condition and well maintained on both the boundary and the internal fences.
The vendor's current agricultural contracting business (hay, silage, spraying and cultivation) can be continued by a new owner if so desired and would provide a significant additional source of income. The home has recently had some quality renovations undertaken. It has 2 good sized bedrooms, the master suite with its own walk in robe and built ins, as well as an office which could potentially convert to a smaller third bedroom or nursery. It has a large lounge, generous sized bathroom, large laundry and a storage/utility room as well. The modern, well appointed, open plan kitchen/dining area boasts quality stainless steel Miele and Bosch appliances with ample storage space and a modern finish. There is a large machinery shed with concrete floored workshop and quality set of stock-yards. It is located on a sealed road approx 7 kilometres from the town of Whitemark, the local school, hospital, bowls, pony club, golf club and shopping precinct. Flinders Island is a very safe and friendly community. You could certainly achieve the "best of both worlds" being so very close to the island's beautiful beaches, wonderful fishing locations, walking and mountain biking trails. With its great ocean views to Bass Strait and the outer islands, this property could be just the lifestyle and rural business opportunity you are looking for. Sharp Airlines fly in from Victoria and Launceston on a regular basis. Worth inspecting to understand the potential of having the "Best of both Worlds" lifestyle on the paradise which is Flinders Island. This property can be purchased on an attractive WIWO basis as the current owners are selling due to retirement.
Last updated: 02:24PM on Oct 12th 2018
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