Lot 3/208 Bungawalbin Whiporie Road, Bungawalbin, NSW, 2469
Located within 20 minutes drive to the coast this 40 hectare parcel of land with building entitlement is currently planted with Tea Tree crop and has the opportunity for the current lease with the potential to extend for another 4 years.
What does that mean for an investor? Clearly it takes out the day to day task of running a farm and owning expensive machinery for what would be considered in the industry a small plant.
The terms of the current agreement have a guaranteed fixed amount of product to the new owners for four years.
If you would like to build your new home or relocate someone elses to this allotment, you can relax on your verandah and watch your income grow.