How to make a few bucks off the land
Hi everyone was hoping someone could assist me. My partner and I are about to make an offer on an amazing parcel of land up in Birdwood South Australia. The land it approximately 25 ha and is currently used for grazing. It’s a simple parcel of land divided up into 3 or 4 paddocks (all electric fences), and is a mixture of flat and hills, all land is grazable and there is plenty of water around.
From what I could see there is 17 head of cattle running around the property at the moment. Other farms near by seem to be running cattle and sheep or growing vines or olives. My question is what are peoples recommendation on how to make a few extra $$$ off this land. I’m not looking to make thousands of dollars just something to supplement my current income.
Does anyone have an idea on how much money could be made from the following 'ventures'
- Cattle or sheep agistment
- Horse agistment
- Purchasing livestock to fatten up then sell
Thanks
Marten