Murray River lifestyle, horticulture & cropping property

Agribusiness For Sale

Expressions of Interest. EOI Date 28 Mar 2019
Land Area: 306.00 Hectares. Floor Area: 306.00 Hectares.

Description

A large land holding suited to horticulture and broadacre cropping, located only 4.5 kilometres (approx.) south of Moorook in South Australia’s Riverland region.

This attractive property is situated on the corner of Kingston Road and Drogemuller Road with the main residence overlooking Yatco Lagoon.

The property comprises two freehold Titles of 51.9 hectares and 254.1 hectares respectively.

The main home is a four bedroom, two bathroom family residence with extensive undercover, outdoor entertaining areas.
A second residence, a two-bedroom cottage, is currently tenanted and provides the opportunity for ongoing revenue. The cottage would also suit farm-stay or a retreat for independent family members.

Other improvements include a farm implement shed, shelter for vehicles and other sundry shedding.

There is a three hectare citrus orchard, irrigated by a 37mL water licence and the owners have their own pump on the edge of the River Murray for the pumping and delivery of water to the property.

It is estimated that around 200 hectares maybe suited to permanent horticultural plantings. This would be subject to soil tests and all relevant statutory approvals. This land is currently used for cereal crops and is share farmed by a neighbouring farmer.

36 Drogemuller Road, Moorook South, is a terrific family lifestyle property with income and a large area of land with the potential for a range of agricultural and horticultural pursuits.

For Sale By Expressions of Interest, closing Thursday 28 March at 4pm.

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