Almond and citrus orchard with expansion potential.

1251 Kingston Road, New Residence, South Australia 5333

Agribusiness For Sale

For Sale
Land Area: 1,310,000.00 m2.    Floor Area: 131.00 Hectares.    

Description

A well-developed and productive horticultural property located 12.5 kilometres (approx.) south of the Sturt Highway near Moorook in South Australia’s Riverland region.

This attractive property occupies a prime position overlooking the Murray River and comprises a total land area of 131 hectares (approx.) on five titles.

The property is split into two main parcels, a 41 hectare (approx.) parcel comprising a mature almond and citrus orchard and plantable land, and a 90 hectare (approx.) parcel of broadacre irrigation land currently used for vegetable production under centre pivot irrigators.

The 41 hectare developed property includes a wonderful family residence with established gardens and expansive lawns, overlooking the Yatco Lagoon and River Murray. This property also comprises extensive shedding for the storage of machinery and workshop areas.

Horticultural plantings include 20 hectares (approx.) of almonds, 2 hectares (approx.) of lemons, 2.2 hectares (approx.) of mandarins, 1.3 hectares (approx.) of Navelina oranges and 11 hectares (approx.) of plantable land.

The 90 hectare parcel is located opposite the main property, on the western side of Kingston Road. In recent times this property has been used for pumpkin production, irrigated by centre pivots. The land is also well-suited to broadacre cropping and has the potential for permanent tree crops, subject to necessary approvals and soil tests.

Water for irrigation is sourced from the River Murray. The property has its own extraction and pumping infrastructure located on the eastern side of the property at its closest point to the river. All or part of the vendor’s water entitlements may be available for purchase separately. Adequate Site Use Approval is available across the two parcels.

A 100kW solar system on the irrigation pump provides for significant savings in electricity costs.

1251 Kingston Road, New Residence is the ideal addition for existing producers seeking geographical diversity and expansion, or a family seeking a small to medium scale horticultural enterprise with a stunning homestead and wonderful lifestyle attributes.

To obtain an Information Memorandum or request an inspection of the property, please contact Jesse Manuel or Tim Altschwager of Colliers International.

For Sale by Negotiation.

Features

  • 20 hectares of mature almonds
  • 5.7 hectares of citrus plantings
  • Large area for further plantings

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