Hi all,
I have 10 acres on land in Daylesford - VIC. The land is covered in trees and has no other infrastructure.
What I would like to do is to get the land earning money as a business. This means that I can then claim expenses etc..
I have come up with some ideas so far:
1) Get accommodation on it and start renting out to the weekend market - costs are huge since there is no water, sewage etc…That means infrastructure costs as well as building costs.
2) Start a business farming Yabbies etc..
3) Growing the trees up to milling stage then selling to local mill – issues there are that the council considers the land as hobby farming and there will be restrictions on how many trees can be felled from the land.
I was wondering if anyone had any ideas for getting the land to earn some $$.
I will not be living on the land so maintenance on the business will be restricted to a few days per month.
Best Regards
Marc
I have 10 acres on land in Daylesford - VIC. The land is covered in trees and has no other infrastructure.
What I would like to do is to get the land earning money as a business. This means that I can then claim expenses etc..
I have come up with some ideas so far:
1) Get accommodation on it and start renting out to the weekend market - costs are huge since there is no water, sewage etc…That means infrastructure costs as well as building costs.
2) Start a business farming Yabbies etc..
3) Growing the trees up to milling stage then selling to local mill – issues there are that the council considers the land as hobby farming and there will be restrictions on how many trees can be felled from the land.
I was wondering if anyone had any ideas for getting the land to earn some $$.
I will not be living on the land so maintenance on the business will be restricted to a few days per month.
Best Regards
Marc