2340 104 Route Greenhill Lake, New Brunswick E6E 1V7

$94,900

This property will be of interest to the savvy investor who is building their retirement nest egg with a 20-25 year window for return. Woodland has long been a stable investment and this block of more than 215 acres is a classic example. Clear cut within the last 15 years, the majority of the trees are less than 30 years old and very healthy. The older trees were not cut at the time because of being immature at that point. Remnant white pine trees are scattered throughout the woodlot. In 2017 approximately over half of the woodlot underwent a pre-commerical thinning. There is a watercourse (Little Forks Brook) through the property which has created wetlands covering approximately 25 acres and are considered essentially non productive. A hydro line also runs through the property and the land in its path cannot be used for anything except the farming of Christmas trees. (This information has been extracted from a cruise report conducted in March 2019 and is available to serious potential buyers.) (id:38543)

Property Details

Building

Land

https://www.realtor.ca/real-estate/22122280/2340-104-route-greenhill-lake