1578 Yellanup Road, Narrikup WA 6326

Development Opportunity with Existing Income Stream!

This opportunity is located approx. 32 kms south east of Mt Barker and 45 kms north west of the City of Albany on the southern side of Yellanup Road, in the shadows of the Porongurup's.

The property consists of 2 titles totalling 355.93ha or 879 acres, with approx. 165Ha or approx. 408 acres considered arable. There are 13 paddocks, with the fencing comprising ringlock and plain wire, on steel and timber posts with steel gates.

The property is currently running a small mob of wethers. The pastures consist of ryegrass and clover. The property is best suited to a mixed livestock/tree plantation operation.

There is an existing lease of 113Ha for a Blue gum plantation on the property, with instalments being paid each quarter, with an annual CPI adjustment. The term of the lease is 15 years from October 2020.

A large section of the property has been conservatively managed by the owner, with separated bush areas. There are larger areas of regrowth that may be able to be returned to arable grazing area.

Soil types are mainly sandy loams, with sand over gravel and sand over clay. Vegetation consists of Jarrah, Marri and Redgum.

Water resources on the property are very good and comprise 9 dams, 3 tanks and 1 bore, which is not currently used. Long term average annual rainfall for the area is approx. 808mm.

There is a character fibro/hardiplank 3 bedroom, 1 bathroom house with a wood heater. The house is functional and would be ideally suited to a couple or young family. The house yard provides plenty of scope to develop the garden area.

Other infrastructure on the property includes:
- Garage/GP Shed - steel/iron - 90m2,
- Shearing shed/GP Shed - timber/iron 396m2,
- Sheep yards - timber.

Council rates for the 2025/26 financial year are approx. $7,000.00.

The property is listed for sale at "Offers above $3.0M".

For further information or to arrange an inspection of this property, please contact Joe Galantino on 0428 424 351.