This subdividable 5.6ha (13.8 acre) property is only 4.5kms from the picturesque little fishing village of Mangonui. And it's only 700 metres from the waters of the Mangonui Harbour. There's a large shed on the property which could be converted into that summer bach you've always wanted. There's even a lovely little stream running through the property. Perfect for holidays or lifestyle.

Most of the property is planted in radiata pine, with some eucalypts and some Tasmanian blackwoods. The pines were planted in 1990/91, so they're almost ready to harvest. The eucalypts and blackwoods are further from harvesting, but add even more value to the property. When the income is realised from these trees, the purchase price of this property is going to be very low.

Contour is easy, offering many possible homesites, and the property is subdividable, making it attractive as an investment.