697 Redmond West RoadRedmond West WA 6327
Property Details for 697 Redmond West Rd, Redmond West
Last Listing description (October 2022)
Presenting a great land acquisition opportunity in a productive and sought after farming location.
Well located with sealed road frontage, the property is an easy drive from Albany, Denmark and Mount Barker.
Totalling 225.96ha, this quality property has 188.78ha under blue gum plantation lease agreements with two separate companies, with a gross rental return of $79 846.88 per annum. These payments are linked to CPI.
The balance of the property area is a combination of access roads, firebreaks and pristine natural flora including Jarrah, Redgum and Sheoak to name a few. The soil types are predominately gravelly loam and the property is undulating and well drained.
Water is in abundance from several dams including a large spring fed dam and a rare option for connection to scheme water from the recently installed Albany Denmark pipeline that runs along the northern boundary of the property. Single phase power is also available.
The long term rainfall in this area is in the vicinity of 810mm (source BOM). 697 Redmond West Road is the ideal low risk investment that will give you security and tenure of a quality property in a high rainfall and proven reliable location.
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 Friday 6th May 2022.
Property History for 697 Redmond West Rd, Redmond West, WA 6327
- 10 May 2022Sold for $2,520,000
- 29 Mar 2022Listed for Sale Expression of Interest
- 30 Sep 2009Sold for $78,892,572
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0About Redmond West 6327
The size of Redmond West is approximately 148.8 square kilometres. It has 6 parks covering nearly 50.9% of total area. The population of Redmond West in 2011 was 295 people. By 2016 the population was 57 showing a population decline of 80.7% in the area during that time. The predominant age group in Redmond West is 0-9 years. Households in Redmond West are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Redmond West work in a managers occupation. In 2011, 72.8% of the homes in Redmond West were owner-occupied compared with 75.1% in 2016..
Redmond West has 77 properties. As at 31 October 2024:
- The median value for Houses in Redmond West is $943,821.
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