‘Pine Banks’ offers outstanding potential to a new owner who wants to continue developing this 637ha (approximately 1,593acre) well located East Coast property.
The current owner has converted up to 160ha to improved pasture, established roads and four wheel drive roads around and through the property, and has obtained approval under the Water Management Act 1999 for a 100 mega-litre Dam, which if developed with them provide numerous cropping options.
In addition, the property is bounded by the Bushy Plains Rivulet all along its Eastern boundary and has many water holes most of which are spring fed. There are 11 water holes for stock water also.
The property currently consists of 8 titles and can be offered in two lots – 7 titles comprising most in the cultivation of 283ha (707 acres) and a run block of 354ha. With a network of reserve roads licensed, this provides the option of further subdivision. The cultivation has a good fertilizing history and is growing improved pasture, including a turnip crop this Summer.
Currently 80 cows are calved, but that with recent improvements can be increased to 110 breeders.
This property features good fencing with wallaby proof fencing recently installed to all boundaries.
A near new machinery shed/barn is featured and there are numerous house sites that would be suitable to build on.
If you are looking for land with great potential, yet only 20 minutes to the rural township of Sorell with all the facilities it provides, 30 minutes to the Hobart Airport and 45 minutes to the Hobart CBD then this could be the property for you.
Call today for further details.
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