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.
Convenient location, a short drive from major fully serviced towns of Pakenham, Cranbourne and Kooweerup and a short drive to the M1 via the new bypass.
Key features include:
• 47.8 acres of land, with good shedding , four bedroom BV home,
• highly fertile Dalmore country, fully secured with Agi. pipe drainage,
• prominent location, duel road access, currently in asparagus (under lease),
• secure irrigation water supply from 25 MLs dam, 17 Mls. Cardinia creek license,
• large l/u steel and zinc shed - 24.5Mx12.5Mx4M, 6 x 13,500l water tanks,
• large hardstand yard and parking area, separate farm access lanes,
• four (4) bedroom brick veneer home, 2 living areas, rear entertainment area,
• main bedroom with ensuite, second bathroom
• recent new renovations included full bathrooms, all new carpets and tiling,
• spacious kitchen adjoining dining area, huge walk-in pantry,
• separate fabulous fully self contained outdoor entertainment room.
This fully rounded package offers a great opportunity for investor and land-banking players as well as a wonderful secure purchase for a family with the ability to move in and isolate and lease the land component for a genuine passive income......
