Unquestionably this is a well located land-banking opportunity, a meticulous property with attractive long term lease returns.
Manks Road property is highly regarded and in demand by astute investors and this one is prime being approximately 6 kms from ongoing urban development.
Almost 48 acres of the best Dalmore soil and carefully farmed for decades and currently producing premium asparagus, it is offered to the market as an excellent investor package with solid leaseback arrangements with potential for long term extension.
The size of Dalmore is approximately 17.8 square kilometres. The population of Dalmore in 2011 was 3,079 people. By 2016 the population was 162 showing a population decline of 94.7% in the area during that time. The predominant age group in Dalmore is 40-49 years. Households in Dalmore are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dalmore work in a managers occupation. In 2011, 74.2% of the homes in Dalmore were owner-occupied compared with 89.2% in 2016..
Dalmore has 103 properties. Over the last 5 years, Houses in Dalmore have seen a 19.96% increase in median value. As at 31 July 2024:
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