PLANTATION FORESTRY LAND SALE-271.26 HA (670 AC)IN 10 TITLES
SUPERANNUATION INVESTMENT OPPORTUNITY WITH SUBDIVISION AND FUTURE FARMING POTENTIAL. CURRENTLY LEASED TO WESLEY VALE ENGINEERING PTY LTD (TAMAR TREE FARMS) THIS MAGNIFICENT PROPERTY AT BACALA ROAD IN TASMANIA'S PICTURESQUE LEBRINA DISTRICT OFFERS A GREAT OPPORTUNITY FOR THE ASTUTE INVESTOR. 234 HA'S OF THE PROPERTY IS CURRENTLY PLANTED TO E.NITENS PLANTATION WITH THE REMAINING 37 HA'S BEING GRASS RESERVES TRACKS AND STREAMS. THE CURRENT LEASE RETURNS $68,000 INCLUDING GST PER ANNUM. PAYMENTS ARE MADE QUARTERLY IN ADVANCE AND ARE INDEXED TO CPI. THE LEASE AGREEMENT HAS BEEN IN PLACE FOR FOURTEEN YEARS WITH ANOTHER YEAR TO RUN THEN AN OPTION IS AVAILABLE FOR ANOTHER FIFTEEN YEARS. THE PROPERTY IS LOCATED ON THE BACALA ROAD AND THE PALING TRACK AT LEBRINA AND IS ONLY FIVE KILOMETRES FROM LILYDALE AND TWENTY ONE KILOMETRES FROM LAUNCESTON. THE THIRD RIVER RUNS THROUGH THE PROPERTY WHICH OFFERS A GOOD WATER SOURCE FOR LIVESTOCK. ALL SERVICES ARE CLOSE BY AND THERE ARE NUMEROUS HOUSE SITES AVAILABLE STCA. INSPECTION IS RECOMMENDED.
The size of Lilydale is approximately 44.0 square kilometres. It has 3 parks covering nearly 13.3% of total area. The population of Lilydale in 2016 was 596 people. By 2021 the population was 659 showing a population growth of 10.6% in the area during that time. The predominant age group in Lilydale is 60-69 years. Households in Lilydale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lilydale work in a managers occupation.In 2021, 83.30% of the homes in Lilydale were owner-occupied compared with 78.60% in 2016.
Lilydale has 414 properties. Over the last 5 years, Houses in Lilydale have seen a 43.92% increase in median value, while Units have seen a 75.27% increase. As at 31 January 2026:
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