FOR SALE
U/CONTRACT BY SYLVIA JEMSON-LEDGER

170 Woodcone Road
Mount Compass SA 5210

Bedrooms: 4
Bathrooms: 1
Car spaces: 8
Land area: 50ac
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THE LAKE HOUSE, WITH A GREAT INCOME POTENTIAL

The perfect Lifestyle property with many income streams . A drought resistant
property with an amazing water supply , The Serene Oasis ,,
Willow Wood, a picturesque property nestled in the tranquility of the countryside, boasts pristine water sources with an impressive approximate total dissolved solids (TDS) level of 80ppm and holds a water license for 3.5 megaliters. The rarity of such exceptional water quality, akin to spring water, is underscored by an additional rainwater reserve of approximately 100,000 litres, further fortified by an irrigation license.
This working farm, meticulously maintained and free from overgrazing once ran a breeding herd of 10 / 12 stud cows, but now in recent years is dedicated to the responsible trading ( buying / selling ) of Steers on productive land."
Also
" The property easily has a carrying capacity of 10 to 12 breeding cows, the property has mainly been dealing with steers over the last 8 years and turning over approximately 40 Steers PA, this is supported by the available irrigation license and some hay / grain feeding.
The soil has been consistently fertilized, incorporating lime for pasture improvements. The property features a sprawling dam, reminiscent of a lake and teeming with vibrant birdlife, establishing itself as a captivating centerpiece.
Situated on the serene Wood Cone Road just beyond Mt Compass township, this haven is traversed by a creek that meanders through the property, ultimately feeding into the expansive dam.
For equestrian enthusiasts, Willow Wood provides stables and yards on flat terrain, with the potential to develop an Olympic arena and a round yard, creating an ideal environment for horse-related activities.
The residence, an architecturally designed and owner-built house constructed in 1991, offers versatile living options. With either three large bedrooms plus a study, formal lounge, dining, family room, and a spacious outdoor entertaining area, or the alternative of four bedrooms, family room, separate dining, an eat-in kitchen, and an extensive outdoor entertaining space, the choice is yours to make.
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Property Details for 170 Woodcone Rd, Mount Compass

Building Type
Rural
Land Size
50ac

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About Mount Compass 5210

The size of Mount Compass is approximately 44.8 square kilometres. It has 9 parks covering nearly 3.4% of total area. The population of Mount Compass in 2011 was 1,731 people. By 2016 the population was 1,446 showing a population decline of 16.5% in the area during that time. The predominant age group in Mount Compass is 50-59 years. Households in Mount Compass are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Compass work in a trades occupation. In 2011, 85.8% of the homes in Mount Compass were owner-occupied compared with 82.4% in 2016.

Mount Compass has 825 properties. Over the last 5 years, Houses in Mount Compass have seen a 87.26% increase in median value, while Units have seen a 87.83% increase. As at 31 July 2024:

  • The median value for Houses in Mount Compass is $798,525 while the median value for Units is $219,839.
  • Houses have a median rent of $395.
There are currently 5 properties listed for sale, and no properties listed for rent in Mount compass on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Mount compass.

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Sylvia Jemson-Ledger Hills & Fleurieu
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Elders Real Estate Strathalbyn RLA62833
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