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449 Chapel Road
Sassafras TAS 7307

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Land area: 248ac
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Your Gateway to Agricultural Prosperity

Positioned in the picturesque landscape of Sassafras lies an exceptional property offering a blend of agricultural prowess and poultry business success. Spanning approximately 248 acres, this expansive land parcel presents a golden opportunity for seasoned farmers and savvy investors alike.
At the heart of this property's allure is a thriving poultry business, boasting long-term contracts secured for two large, tunnel-operated ventilated sheds spanning 150m x 18m. With a floor space of combined 5400 sqm, stability and profitability are assured for the next six years. Complementing this, recent contracts on two smaller curtain-sided sheds spanning 90m x 12m with a floor space of 2160 sqm guarantee revenue for the next three years. This integrated approach to farming and poultry production not only enhances financial stability but also promotes soil health through the sale of chicken waste as an alternative fertilizer.
Adding to the allure is the potential of a renovated three-bedroom brick home, offering comfort and convenience amidst the rural beauty. The property's income-generating capabilities are further underlined by its diverse agricultural opportunities, promising a return on investment of 10%. Impressive crop yields, including peas averaging 13 tonnes per hectare and beans averaging 21 tonnes per hectare over the past four years, underscore its profitability and potential ROI.
Water security is paramount, with two dams boasting a combined capacity of 45 megaliters, an underground bore licensed for 206 megaliters, and an allocation of 20 megaliters from the scheme. Efficient irrigation systems, including Pivot and Linear Irrigation Systems covering 90% of the land, ensure optimal water distribution. Essential infrastructure such as machinery sheds, hay barns, and irrigation runs further enhance operational efficiency.
With a storied history of agricultural success dating back generations, including award-winning crop productions and livestock operations, this property represents more than just an investment-it's a gateway to a thriving farming legacy. Don't miss this rare opportunity to own a piece of rural paradise and cultivate your vision for a prosperous future.
• Positioned approx. 248 acres of prime Sassafras land
• Successful poultry business with 6 year and 3 year contracts secured
• 6 year secured contracts : 2 large sheds tunnel operated ventilated sheds 150m x 18m (Floor space 5400 sqm)
• 3 year secured contracts : 2 small sheds curtain sided sheds 90m x 12m (Floor space spanning 2160sqm)
• 2 pivot x 5 spans and 1 pivot x 4 spans Irrigation Systems
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Property Details for 449 Chapel Rd, Sassafras

Building Type
Rural
Land Size
248ac

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About Sassafras 7307

The size of Sassafras is approximately 153.3 square kilometres. It has 5 parks covering nearly 39.4% of total area. The population of Sassafras in 2011 was 326 people. By 2016 the population was 333 showing a population growth of 2.1% in the area during that time. The predominant age group in Sassafras is 40-49 years. Households in Sassafras are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sassafras work in a managers occupation. In 2011, 72.9% of the homes in Sassafras were owner-occupied compared with 72.3% in 2016..

Sassafras has 168 properties. Over the last 5 years, Houses in Sassafras have seen a 52.26% increase in median value, while Units have seen a 100.66% increase. As at 30 November 2024:

  • The median value for Houses in Sassafras is $581,560 while the median value for Units is $638,495.
There are currently 6 properties listed for sale, and no properties listed for rent in Sassafras on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Sassafras.

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Gerald Davies
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Corinne Nicholson
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