1176 Black Hill Road

Cambrai SA 5353

Buyer guidance;

(a) walk-in-walk out = $1,750,000 or

(b) excluding water and machinery = $1,550,000

Lucerne, cropping and grazing property - This is a rare opportunity to purchase an income generating property with suppliers in place and demand for lucerne every increasing. Lucerne production currently ranges from 15,000 – 18,000 p.a with a one-man operation and could easily be significantly expanded as only half the pivot is being used currently. Lucerne bales currently all sold at $14.50 + GST (should be higher?) per small bale (approx.). Fully fenced for sheep with over 350 acres of internal fencing.

This impressive farm is approximately 690 acres in size and is perfectly located in the beautiful Marne River valley. The traditional rural homestead faces north and overlooks the property's front pastures, Marne watercourse and the majestic gum trees. homestead comprises 5 bedrooms plus an office, 2 bathrooms, 2 toilets, large living area, formal lounge, timber kitchen with plenty of cupboards and dishwasher.

The 690 acres is currently used for three agricultural activities; (a) approximately 60 acres of Lucerne which is grown year-round and is watered by the main bore though a 6 inch main (17,000 g /hr), (b) approximately 350 acres of pasture / grazing land. This land is mostly undulating cropping land ready for a new owner to expand the income potential by improving the pastures, growing cereal hay and (c) 270 acres of remnant native bush land, most of which is to the eastern end of the property with a few pockets to the western end. This could be an opportunity to consider the firewood market to generate additional income.

Main shed area of 860 m2 with numerous other shed and storage options.

Machinery Inventory;

New Holland Baler H7150, new in 2015 - cost $70,000

New Holand Baler, new in 2016 - BC5070, cost $56,000