Bool Lagoon Road West, SPENCE SA 5271
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- Rural / Farming
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- 23 Dec 2016
Prime mixed farming enterprise with multiple revenue streams
Heathfield comprises a mid-to-large sized South East mixed farming enterprise located on the western side of Bool Lagoon, one of the largest and most diverse freshwater lagoon systems in southern Australia. The prime land holding totals 1,336 hectares benefits from a 1,216* megalitres water entitlement.
The grazing property is extremely well developed and currently runs Angus cattle and X-bred sheep. Around 50 hectares of laser-levelled flood irrigation is used to finish lambs for market.
The 116 hectare* internationally awarded Heathfield vineyard was developed in 1995 to around 90% red grape varietals and has a long history of supplying a major wine company.
Improvements include an impressive stone homestead; second residence; shearing sheds; sheep & cattle yards, machinery sheds, excellent fencing/laneways and intensive feeding areas, office and employee amenities and various sundry buildings.
Heathfield is situated at Spence near Bool Lagoon in the South East of South Australia, approximately 24km south-west of Naracoorte and 30km north-west of Penola.
• Quality livestock - Angus cattle & X-Bred sheep.
• Vineyard plantings 116* hectares - 90%* red grape varietals.
• Water licences totalling 1,216* megalitres.
• Irrigated pastures and vines.
• Substantial plant & equipment.
• Excellent improvements - residences, sheds, livestock infrastructure and fencing.
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
Bool Lagoon Road West SPENCE