OFF MARKET

Venns Road
Mettler WA 6328

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 12942277m2
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Property Details for Lot 6922 Venns Rd, Mettler

Building Type
Unknown
Land Size
12942277m2
Local Government
Albany
Lot/Plan
6922/P209890

Last Listing description (July 2011)

TREE FARM PLANTATION INVESTMENT LEASE/ PROFIT A PRENDRE
South West Coastal property 25 inch rainfall 1287ha (3179 acres). Located on Venns Rd. and close to Wellstead and Cape Riche this formally high productive farm in a secure rainfall area was leased/Profit a Pendre to a forestry industry operator. Planted in 1994 and 1998.
The income from the Profit a Pendre agreement is CPI indexed and represents 5.4% gross return on conditions. Plus the capital gains to an investor on expiry of the agreement.

The area under plantation is 754ha (1862 acres) There is approx 80 to 90 ha of uncleared native trees with flora and fauna of very high conservation, biodiversity value which, has an approval in principle to subdivide through a conservation covenant.
The balance could possible agro graze sheep there are no handling facilities.
This is a great opportunity to invest in highly regarded country, close to the coast with the option in the future, on termination of the Profit a Pendre to return to a productive grazing property.

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Property History for Lot 6922 Venns Rd, Mettler, WA 6328

A timeline of how this property has performed in the market
  • 09 Apr 2011
    Listed for Sale $2,000,000

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About Mettler 6328

The size of Mettler is approximately 244.5 square kilometres. It has 3 parks covering nearly 7.2% of total area. The population of Mettler in 2011 was 154 people. By 2016 the population was 15 showing a population decline of 90.3% in the area during that time. The predominant age group in Mettler is 50-59 years. Households in Mettler are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Mettler work in a managers occupation. In 2011, 68.4% of the homes in Mettler were owner-occupied compared with 66.6% in 2016..

Mettler has 35 properties. Over the last 5 years, Houses in Mettler have seen a 9.65% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mettler is $1,013,872 while the median value for Units is $363,324.
There are currently 1 property listed for sale, and no properties listed for rent in Mettler on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Mettler.

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