710 Springmount Road, HINDMARSH TIERS SA 5202
$2,475,000 (incl. Water Licence)
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- 9 Nov 2016
PREMIER GRAZING LAND WITH PLENTY OF WATER
This is a must-see, visually stunning 226.8Ha (approx 560 acres) and highly productive property that is exceptionally well set up with good fencing for rotational grazing and divided into approximately 45 main paddocks plus some smaller holding paddocks. The country is gently rolling in nature with a central valley which has been sensibly retained as remnant scrub, providing a beautiful variation of landscape. This is one of the premier grazing areas in the state and good management over the years has provided superior pastures of clovers, rye grass, cocks foot, phalaris and medic.
The Hindmarsh Tiers area has one of the highest rainfalls on the Fleurieu Peninsula and water storage is an exceptional feature of this property, with approximately 50 dams plus permanent running springs. The 3 large dams are said to collectively hold 70.2Meg. A significant asset that is included in the price for this property is a 111Meg water licence which provides the opportunity for irrigating around 40 acres of existing pasture or summer forage crops such as Lucerne, forage cereals, etc.
In the past it is estimated that 200 acres has been used for hay production and that it has also carried up to 200 breeding cows or 400 steers for fattening at different times.
The improvements include two conservative but functional homesteads, one of which is classified as a studio/guest room in the eyes of the Victor Harbor Council, however it could be made into a B&B accommodation subject to all relevant consents. Other improvement are a Besser block dairy building and associated yards, post and iron clad hay shed, implement/storage shed, workshop, stock yard with crush and loading ramp plus various other sundry improvements.
The property is only around 10kms south of Myponga and the services, shopping, schools, hotels/cafes of Yankalilla, Victor Harbor and McLaren Vale within approximately 30 minutes. The Adelaide CBD is around a 70 minute drive via the Southern Expressway.
Call me to make an appointment to go over this wonderful property.
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
710 Springmount Road HINDMARSH TIERS