793 Lake Road

Lake Plains SA 5255

POTENTIAL INCOME OF $650,000 PA WITH MULTIPLE INCOME STREAMS

Located within one of SA's productive & well-located agricultural regions, this rare opportunity occupies a total holding of some 57 .21 ha (141 acres). The property is utilised for a continuous cropping enterprise, including Prime lambs are introduced post-harvest to maximise production from the holding. There is also an opportunity to harvest Koroneiki Olives which are well sought after. The perfect environment for the Horse lover with plenty of room for stables round yard and Horse arena. Situated on a picturesque prime real estate, with views of the lake. A rare find, properties like these rarely enter the marketplace. This one comes with a great water supply.

The property has had a strong focus on pasture improvement over the years, this has helped with the increasingly higher yields of Lucerne over the years. The property has been new fenced with posts and rails around the home and entrance way.

KEY FEATURES

• Total land holding of 57 ha (141.39 acres)

• Opportunity to enter a renowned & tightly held district

• Highly productive sandy loam soils

• Reliable annual rainfall of 400mm

• Property has 400ML water usage allowance

• Two underground quality bores 1000ppm, 10ML class 3 River Murray, 2ML Class 1 River Murray, 10ML underground water with 2 bores, 15000 shares in CPC with CPC connection