Attention Investors – Good Return!
This single quarter of grain land is located in the RM of Tullymet #216, approximately 10 miles south east of the town of Ituna.
There is a strong rental agreement in place making this investment great for investors! The rental agreement is in place until March 31, 2028. The annual rent is $9000 plus GST with 50% payment by April 1st and 50% payment by October 1st. The tenant has ROFR.
There is good all season access to this land.
160.31 Total Acres (ISC), 105 Cultivated Acres (SAMA), 55 Wetland/Bush Acres (SAMA), 142,600 Farmland Only Assessed Value (SAMA), 1,865 Per Total Acre (ISC), 2,848 Per Cultivated Acre (SAMA), 2 times the Assessed Value, Crop Insurance Soil rating is G.
Area: RM of Tullymet #216
Type of Property: Grain
Total Size: 160.31 acres (as per ISC)
Total Asking Price: $299,000
Check out the drone video below to access amazing footage of the entire property at a bird’s eye view!
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