530 acres comprising 219 acres of 03/04 Nitens plus approx 10 acres of cleared pasture and the rest native bush.

‘Frogmore’ can be easily connected to grid power and Telstra land-line is available. The NBN and Vodaphone communication towers overlook it.

Estimates of up to $5.00/tonne to the land owner for the plantation timber in two to five years have been made with a potential harvest of around 200 tonnes/hectare forecast.

On this basis, the return is well in excess of $80,000.

Another four adjoining Titles comprising approximately 342 acres can also be purchased for $200,000. There is approximately 100 acres of 05/06 Nitens on one of these Titles together with Conservation covenants on parts of three of the Titles.

All in all, a total land area of around 872 acres on ten Titles for a total price of $500,000.

As a lifestyle property, it is most appealing being but a few minutes from the surf at Roaring Beach or the fishing and kayaking in Norfolk Bay.

From the northern end, you can enjoy views of Maria Island whilst on the southern side the Hartz Mountains can be seen.

At less than $600 per acre and with its potential income of around $120,000 or more from the plantations, this property represents outstanding value on today’s market.