Musselroe Bay offers a unique location in the North-east of Tasmania. Surrounded by farming operations of Icena, Cape Portland & Rushy Lagoon, this presents an incredible land bank opportunity. The North East Renewable project is seeing significant investment in the region, and this holding will capitalise on this significant development. The property comprises 1,400 Ha including 900 Ha of arable land which has been leased previously for the running of a breeding cattle. This presents the ultimate “blank canvas” for the purchaser to develop a new paddock plan for the farm and undertake development. The property is suitable for incorporating Softwood into the management plan to capitalize on the Carbon markets The property has a water right of 295 Meg with 351 Meg of storage from the Musselroe catchment, with stock water from water holes, enabling some high intensive cropping to help establish the pastures. Infrastructure on the property includes a comfortable 4 bedroom residence sited with views overlooking Musselroe Bay. Other improvements include the all weather airstrip. For Sale By Offer- Price Guide $6.3m
Email enquiry to Elders Real Estate Launceston
Property ID: 700263892