FOR SALE
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560 Mckenzie Road
Mingbool SA 5291

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 829.75ac
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829 Acre Drought Proof Mixed Farming Operation

Key 2 Sale is pleased to be appointed the sole selling agents for 560 McKenzie Road, Mingbool SA 5291. Spanning approx. 829 Acres across 5 titles, this property is located within a 15 minute drive of Mount Gambier, South Australia's 2nd largest City.
The tightly held area of Mingbool is well regarded for livestock breeding and fattening, plus crop cultivation, or if required excellent rotational hay crops. This excellent location is only 20 minutes drive to the Mount Gambier Saleyards, offering weekly prime sheep and cattle markets.
One of the outstanding features of this property is its excellent fertilizer history, which has been meticulously overseen by AV AG Consulting. The property boasts a diverse opportunity for cattle, sheep or cropping enterprises.
IRRIGATION
Extensive irrigation comprising of three centre pivots.
1 x 80 acre pivot - electric motor
1 x 82 acre pivot - electric motor
1 x 125 acre pivot - diesel motor.
WATER LICENCE
581. Meg water licence In Management Area Zone 2A which is available to purchase separately, along with a leased water licence consisting of 200 Megalitres, which is available for the next four years, currently leased at $10,000 per year. Water Licence details are available.
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Property Details for 560 Mckenzie Rd, Mingbool

Building Type
Rural
Land Size
829.75ac

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About Mingbool 5291

The size of Mingbool is approximately 138 square kilometres. It has 1 park. The population of Mingbool in 2011 was 241 people. By 2016 the population was 120 showing a population decline of 50.2% in the area during that time. The predominant age group in Mingbool is 10-19 years. Households in Mingbool are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mingbool work in a managers occupation. In 2011, 77.2% of the homes in Mingbool were owner-occupied compared with 76.2% in 2016..

Mingbool has 140 properties. Over the last 5 years, Houses in Mingbool have seen a 76.58% increase in median value. As at 30 September 2024:

  • The median value for Houses in Mingbool is $618,757.
There are currently 1 property listed for sale, and no properties listed for rent in Mingbool on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Mingbool.

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Al Lamond
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