305 Rocky Castle Road Penola SA 5277

Elders Rural Services Australia Ltd is instructed to offer Rocky Castle' for sale by the way of Expressions of interest closing 11am Thursday 10th June 2021

194.3ha/ 480.11 acres

"Rocky Castle" is centrally located between Penola and Naracoorte in the tightly held precinct of Glenroy in the South East of South Australia. The 480.11 acre (approx.) property has an exceptional ability to produce prime livestock and to finish store lambs.
"Rocky Castle" is a extremely aesthetically pleasing property, with large majestic healthy red gums scattered throughout portion of the property providing shelter, warmth and cool shade during the summer months.

With the high carrying capability, excellent fertiliser history and consistent strong soil types over the property, this opportunity is a rare occurrence to come on the market!

Recent fencing upgrades have been completed and fencing is now in excellent condition.
Majority of the fence lines are constructed of creo post, cyclone wire, double barb plus single hot wire.

Soils across the property vary from very healthy red gum country with dark brown loam over clay, to highly productive heavy grey sands over clay over limestone.

Four dwellings on the property, presenting an opportunity to earn extra income as rentals from all four houses.

STRUCTURAL IMPROVEMENTS
Machinery Shed & Workshop
- Huge 30.5m x 34m shed with concrete floor and steel frame, powered
- Service pit, large enough for semi trailer (6.8m x 1m)
- Adjoining lockable workshop, powered & concreted
- Drive through wash down bay at the rear (with septic)

Main House
- 5 spacious bedrooms and 3 bathroom solid family home
- Country style kitchen with AGA oven and adjoining dining overlooking the garden and large gums
- Generous size lounge with panelled redgum walls (milled from timber off the property), open fire place with stone surround
- Large spa bath in the ensuite overlooking the garden
- Sprinkler system set up around the yard

2nd house
- Currently tenanted for $200 per week
- Includes 20 acres
- Fibro construction, open plan kitchen/dining

3rd house
- Has been tenanted up until recent months for $200 per week
- Recently renovated inside, transportable home

4th house/ office (original house)
- Currently utilised as an office, this 2 bedroom 1 bathroom home could be tenanted as well as an extra income
- ducted air conditioning + fireplace

For a copy of the information memorandum or to arrange a private inspection, please contact Grant Schubert on 0429 077 033

EXPRESSIONS OF INTEREST Closing 11am Thursday 10th June 2021, offers to grant.schubert@elders.com.au