For Expressions of interest | Rural | 272 Magarey Lane & Lot 4 Richardson Road (Coonawarra), Penola SA 5277 | Expressions of Interest

Cropping, Livestock, Irrigation and Wine Grapes

  • 298.37 ha (approx) Land Area

272 MAGAREY LANE - SOLD!!

Total land area of 226.60* hectares or 555* acres

The property is located in the heart of the famous Coonawarra Wine Region and only 30* kilometres south of Naracoorte and 12* kilometres north of Penola. Coonawarra is a highly productive region in South Australia’s Limestone Coast. The property is suited to livestock production, winter and summer crops and producing premium wine grapes.

Flood and pivot irrigation available

Soil types include the famous Terra Rossa and sandy grey loam

Property is split into three main paddocks all with water troughs

Annual rainfall of 600*mm

Good boundary fencing with electrified/hotwire around the centre pivot irrigation area

Excellent sub clover pastures

Other improvements include 2 x 50,000 litre as new water tanks

Total water entitlement includes 159,250 kilolitres (Licence No. 11069-1)

Water supplied from 4 wells and 2 bores

Steel livestock yards suited to handling sheep and cattle

3 stand shearing shed

Currently leased at $254 per hectare

Lot 4, Richardson Road

Total land area of 71.77* hectares or 177.3* acres

The property is ideally suited to premium wine grapes but is currently utilised for livestock production and horticulture. The property is located 9* kilometres north of the Penola Township.

Recently has been producing potatoes using pivot irrigation, one of the few properties in the famous Coonawarra which has availability for centre pivots.

Flood and pivot irrigation available

The property includes Terra Rossa soils and sections of sandy grey loam over clay

Property in split into two main paddocks

Annual rainfall of 600*mm

Excellent pastures include sub clover and annual grasses ideal for livestock production

Other improvements include 2 x 50,000 litre water tanks

Water is supplied from 3 wells, 1 bore and 1 dam

For Sale by Expression of Interest (EOI). Closing date TBA.

In conjunction with CBRE - Phil Schell 0418 809 849

Contact the agents for a property inspection.

This property is proudly listed by:

First National Real Estate Naracoorte Shop 4/26 Robertson Street
Naracoorte SA 5271

Enlarge Map

Open for Inspection
By Appointment

Additional information

Property Type Rural
Property ID 34814254735
Street Address 272 Magarey Lane & Lot 4 Richardson Road (Coonawarra)
Suburb Penola
Postcode 5277
Price Expressions of Interest
Land Area 298.37 ha (approx)

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