104.89 ACRES located on Old Crudine road. This property has approximately 25-30 acres of open accessible grazing with the balance steep and mostly grazable. A 25 year lease plus 2 by 25yr options to the Crudine Wind Farm is in place and returns $18,150 plus GST per year. It has a CPI increase built in annually. DO THE MATHS! The lease covers only a few acres and gives access to the power personal for maintenance. The land maintains grazing rights over this small area. A small accommodation setup is on farm including water storage and 2 containers joined to a third lined space. Legal access is via an unformed council road through neighboring property. If a wind tower, yet to be built, doesn't  bother you then this is the block.

Address 405 Old Crudine Rd, Crudine
Price SOLD for $375,000
Property Type residential
Property ID 101
Category Rural
Land Area 104.90 ac

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Steve Rose

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