Ray White Rural South Australia is delighted to present 'Drogemuller's' for genuine and immediate sale. It's time for the current owners to retire after many years of hard work in establishing and managing this wonderful property.
This now presents a fantastic opportunity to acquire an appealing lifestyle property.
'Drogemuller's' is centrally located within the SA Riverland, being around 2.5 hours drive from Adelaide and the property overlooks the majestic Murray River.
Prospective purchasers are encouraged to consider the property as a whole or in two non-contingent lots:
As a whole - 306.4*ha (757.1*acres) - $948,000 (with option to purchase water licence at market value).
Lot 1 'Homestead Block' - 52*ha (128.5*acres) - $749,000 (with option to purchase water licence at market value)
Lot 2 'Rural Land' - 254.4*ha (628.6*acres) -$199,000.
Lot 1 'Homestead Block':
- Main homestead features 4 bedrooms, 2 living areas, 2 bathrooms, attractive established gardens, entertaining areas with wonderful elevated views over the majestic Murray River, rainwater plus 5kw solar system
- Additional 2 bedroom cottage (currently rented for $220/wk)
- 24*m x 9*m Implement Shed
- Fully established 3*ha citrus orchard (irrigation is set up for further development)
- Approx 25ha of gently undulating arable land suited to dry land cropping plus 3*ha of saltbush suited to livestock grazing
- 35 mL Water Allocation for irrigation purposes + domestic line from the river for stock & domestic use
- Enjoy outstanding lifestyle advantages of this peaceful and relaxed atmosphere in the spacious family home with no direct neighbours and being close to the Murray River.
Lot 2 'Rural Land':
- Approx 180*ha of gently undulating land with sandy loam type soils suited to dry-land cropping or horticultural
- The balance of the land is suited to livestock grazing with natural timber areas ideal for livestock shelter
- The property is fenced into 6 x main paddocks with the fencing generally in sound stock proof condition.
'Drogemuller's' has the potential to generate further income from horticulture opportunities in addition to the established citrus trees, dry land cropping, livestock grazing plus a passive rental income can be derived from the second home situated on the property which is currently utilised as a permanent rental property generating approx $10k annually however the new owner could also capitalize on the strong demand for short term accommodation.
The property is for very genuine sale and is priced accordingly representing outstanding value.
Contact sole selling agents Ray White Rural South Australia for a detailed Information Memorandum.
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