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1241 Kingston Road New Residence SA 5333

  • Rural / Farming
  • 131 ha
  • For Sale, Contact Agent

Almond and citrus orchard with expansion potential

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

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

This attractive property occupies a prime position overlooking the Murray River and comprises a total land area of 131 hectares (approx.) on 5 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 vendors 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.

For Sale By Negotiation.

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

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

Property Highlights

Property ID2014850498
Floor Area1,310,000 m²
Land Area131 ha
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityAsk Agent
Category
Last updated  22 May 2020
Map for 1241 Kingston Road New Residence SA 5333
Map for 1241 Kingston Road New Residence SA 53331241 Kingston Road New Residence SA 5333
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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Colliers International Adelaide
Level 9, 121 King William Street Adelaide SA 5000

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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