How high above the water table is it? If there is swamp then it can’t be much.It was certainly cold down there. The real estate blurb on that property is classic. Beautiful waterfront lifestyle opportunity, bask on the deck watching the world pass by on the river etc etc. The reality is a little different. At least 1/3 of the property is actual swamp. The remainder is OK. Pasture and a bit of scrub. I'm not sure whether the river is really accessible, it might just be from the far south east corner, as far from the house as you can get. The house is a complete wreck. And very close to the road. You'd want to check for traffic before opening the screen door. Well not quite but it's pretty close and you'd certainly notice the logging trucks passing by. You could reclad the house in colourbond, insulate it, re-roof it, gyprock all the internal walls and do a new kitchen and bathroom. But it would still be on the roadside. Then remove and start again with the various outhouses, chook sheds and fencing. Then do some thoughtful landscaping and planting. Maybe a boardwalk over some of the wetland would be nice. But the house would still be on the road. So maybe you'd want to knock the house down, or gut it and keep it as a shed/workshop, and build a new house near the river, amongst the trees, back in the south eastern corner. But I reckon I've just spent the better part of $500,000.00 at a minimum. $750,000 if we want more than a minimal house on the place. Not quite the bargain I started out with. But it could still be a good investment. There aren't that many properties with direct water access.
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