38.41ha/94.9 acres of prime agricultural land with a huge water licence and an established prize winning olive grove already established.
The olive grove is producing incredible results with wins in the Sydney Royal Show and numerous other competitions. In excess of 8,100 trees have been planted from 1999 to 2001 and some replanting completed of Koroneki in 2016. 6 varieties of olives are producing from Koroneki, Frantoio, Kalamata, Pendolino, Leccino and Barnea.
The watering system is fully computerised and automated from a bore on the property with the government groundwater data from June 2017 showing a yield of 5.63 litres/sec with water quality at 207mg/l. The bore irrigates from 12 valve areas through the in-line dripper system. New dripper lines have been installed progressively and a second non-equipped bore is in the same area. The Water Licence is 138,840 kl plus a current rollover amount of 13,884 kl. Three phase power is connected to the property.
Improvements include the 12m x 6m fully enclosed shed for storage and lunch room, plus the adjacent enclosed shed for storage of product and machinery of 15.5m x 9.0m. Council approval has been granted to erect a new 25m x 12m shed which is included in the sale and a flat site is provided. Machinery used on the property is available by separate negotiation. This will include a 250 kg/hour olive press, an olive harvester and various other plant and equipment used on the property.
The property has been managed by the current owner and is producing great results. The yields are at an all-time high and awards from the various competitions including the Sydney Royal Show are testament to the quality of the product. No herbicides or pesticides have been used for the past 5 years and whilst the grove is organic it does not hold that certification.
If you are contemplating expanding your operation, see an opportunity to get into a first class property, or looking for a tree-change it is well worth inspecting this property.
Highlights include:
- 38.41 Ha prime agricultural land
- Over 8,100 established olive trees in good condition
- Good bore water supply with huge water licence
- Fully computerised watering system
- 2 Large storage sheds and permit and pad for one more large shed which is on-site
- No pesticides or herbicides used for past 5 years
CT / 5554/442
Council / Alexandrina Council
Zoning / Primary Production
Land / 38.41 Ha
Council Rates / $2,366.35 pa
ESL / $106.90 pa