- Presenting a great land acquisition opportunity in the tightly held Manypeaks location. - 404.9ha this quality property has 291.6ha under blue gum plantation lease with final harvest no later than late 2025. It would be estimated that approximately 330ha could be grazable if reverted to pasture.- Current annual income of $108,000 + GST, which is paid quarterly and reviewed annually.- The soil types are predominately lighter country to the west and gravelly loam on the planted areas- Water is in abundance from several dams including a large spring-fed dam and an unequipped bore.- Only 49km to Albany, this is a proven reliable grazing location with a long-term rainfall in the vicinity of 670mm (source BOM).- A prime property in a well-regarded location in the Great Southern, properties are rarely available here and are highly sought after.For more information or to arrange an inspection please contact Simon Thomas at Elders Rural Real Estate on MBL 0407 380 365.For sale by Expressions of Interest By Formal Offer Closing on Thursday 2nd March 2023.
The size of Manypeaks is approximately 295.5 square kilometres. It has 5 parks covering nearly 6.1% of total area. The population of Manypeaks in 2011 was 275 people. By 2016 the population was 145 showing a population decline of 47.3% in the area during that time. The predominant age group in Manypeaks is 50-59 years. Households in Manypeaks are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manypeaks work in a managers occupation. In 2011, 59.6% of the homes in Manypeaks were owner-occupied compared with 61.8% in 2016..
Manypeaks has 119 properties. Over the last 5 years, Houses in Manypeaks have seen a 108.00% increase in median value. As at 31 October 2024:
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