FOR SALE
E.O.I by 15th October 2024 at 12pm

29706 Princes Highway
Glenburnie SA 5291

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 104.42ha
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PRIME OPPORTUNITY ON THE EDGE OF THE CITY

Welcome to this amazing property located on the outskirts of the city, covering approximately 104.42 hectares / 258 acres with loads of potential.
by Expressions of Interest by 15th of October at 12PM at SAL Real Estate 23 Gray street Mount Gambier S.A 5290
It features a 25-hectare Centre Pivot with electric turbine water pump and comes with a 70 mega litre allocation in the Glenburnie Management Area Zone 1A (leased until July 2025). The land is fenced into 16 main paddocks, with two bores for irrigation, and a stock water bore equipped with a submersible pump.
Three phase mains power is connected to the property, and SA Water mains run along the Princes Hwy frontage. The property consists of two titles (42.33 hectares and 62.09 hectares) offering plenty of space and opportunity. The property has four road frontages - Chambers Road, Glenelg Hwy, Princes Hwy, and Evans Road. Accessibility is not an issue.
You will appreciate the property's excellent fertiliser history, and the newly established 22 hectares of dryland lucerne. For those with livestock, there are steel, and timber cattle yards equipped with an undercover crush area and holding yards that can accommodate approximately 100 cows. There is also a hay shed and an implement shed on the property. The soil profile ranges from sandy loam to heavy loam, providing many options to what you can grow on this wonderful piece of land.
Whether you're on the lookout for land suitable for livestock, a potential home site, or considering future subdivision options (STCC), this property definitely deserves a closer look! Situated approximately 4.5km from Mount Gambier, it is near a local country primary school and close to sale yard facilities.
Contact the Agent Brenton Leggett 0438344042 for further Information or to Inspect the Property.

Property Details for 29706 Princes Hwy, Glenburnie

Building Type
Rural
Land Size
104.42ha

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About Glenburnie 5291

The size of Glenburnie is approximately 86.2 square kilometres. It has 7 parks covering nearly 50.5% of total area. The population of Glenburnie in 2011 was 355 people. By 2016 the population was 373 showing a population growth of 5.1% in the area during that time. The predominant age group in Glenburnie is 40-49 years. Households in Glenburnie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Glenburnie work in a labourer occupation. In 2011, 83.6% of the homes in Glenburnie were owner-occupied compared with 86.1% in 2016.

Glenburnie has 258 properties. Over the last 5 years, Houses in Glenburnie have seen a 91.12% increase in median value, while Units have seen a 75.06% increase. As at 30 September 2024:

  • The median value for Houses in Glenburnie is $674,414 while the median value for Units is $440,408.
There are currently 6 properties listed for sale, and no properties listed for rent in Glenburnie on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Glenburnie.

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Brenton Leggett
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SAL Real Estate - Mt Gambier
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