240 Lachlan Road

Lachlan TAS 7140

This picturesque property halfway between New Norfolk and the hamlet of Lachlan has much to offer. The property is subdivided into about 12 paddocks and about half the property is arable. Much of the property is excellent grass pastures suitable for hay production or fattening and all paddocks are well watered from permanent waterholes.Although traditionally used for hay production, breeding and fattening livestock, there is a 54 megalitre water right and a pipeline easement from the Lachlan River than would allow irrigation development for high intensity stocking or cash cropping.Centrally located on the property is a red gravel quarry that is operated by a local earth moving company that provides a return to the land holder of approximately $25,000 per year.It is difficult to find small holdings such as this that are profitable, fertile and productive, especially ones that aren't over capitalised. A great opportunity to secure a quality property in the ever-increasingly popular New Norfolk/Lachlan area.