2003 Settlement Road, Napier WA 6330

With the iconic Porongurup Ranges as a backdrop to the north and conveniently located just 33km from the City of Albany and 37km from Mount Barker, 2003 Settlement Road presents a great opportunity to acquire a well priced rural holding.

Improvements comprise a large four-bedroom, two-bathroom brick and tile home with double garage approximately 10m x 6m in size. In addition, it has two large general purpose sheds that are both approximately 18m x 10m and cattle yards that are conveniently located to the rear of the sheds.

The property's total grazing area is approximately 151 hectares and is well watered by two soaks, a dam and a bore that is located near the house. The grazing area is divided into five paddocks and is currently being used for cattle production.

114.1 hectares of the property are leased to Australian Bluegum Plantations, generating an annual return in the vicinity of $40,000. The lease extends through to 2036, providing a reliable income stream. There are additional watering points located throughout the plantation area.

The property is gently undulating, well presented, and situated within a reliable rainfall district, receiving approximately 691mm annually (Source: Bureau of Meteorology).

Settlement Road is sealed and forms part of the established transport corridor servicing Fletcher International Exports' abattoir, with convenient access to both Albany Highway and Chester Pass Road.

A great opportunity to secure your foothold in the rural market, offering the perfect balance of country living and convenience, just a short drive from both Albany and Mount Barker.

For more information or to arrange an inspection please contact Simon Thomas at Elders Real Estate today on 0407 380 365.