If you are looking for a long term investment that offers great potential, make sure you take time out to consider this very unique property.
Located in the Ashby area this fifty three acre freehold property is currently earning a steady income from royalties derived from a licensed quarry.
The quarry is currently operating with a lease in place until 30 June 2047 and approval to extract up to 50,000 cubic meters of rock per year at a set royalty price that has potential to increase with the CPI. Royalty figures are available upon request.
Council has advised that there is the ability to construct a dwelling on the land subject to the approval of the necessary development application.
Inspections are by appointment only. Tender forms are available from our Maclean office, 207 River St, Maclean. Tenders close 4.00pm – Wednesday 25th February 2009. All tenders should be marked private & confidential “Tender” c/o Mark Spagnolo and sent to Conroy, Stewart, Spagnolo Solicitors, 30 River St, Maclean NSW 2463