FOR SALE

283 Mount Magnificent Road
Mount Magnificent SA 5210

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 177m2
Land area: 723900m2
This property is currently on the market
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Property Details for 283 Mount Magnificent Rd, Mount Magnificent

Building Type
Rural
Year Built
1960
Floor Size
177m2
Land Size
723900m2
Local Government
Alexandrina
Lot/Plan
S294/H105300

Last Listing description (October 2024)

This is a unique opportunity to acquire a prime 72.4ha. (approx.. 179acres) grazing property in the tightly held and very picturesque Mount Magnificent area in central Fleurieu Peninsula. The property has been home to the successful family-run BoonARKM stud cattle business since 2007, but now is time for their growing family to relocate locally, and to continue to run their business.

What is on offer here is a fantastic family rural lifestyle on a beautiful property with unmatched panoramic vistas, and only around 10 minutes drive to the shopping, services, school, hotel, golf club and other attractions in Mount Compass township. The fortunate new owners will take over a beautiful and highly productive property that has been extremely well set up and managed over the years. Mostly with the support of and advice from local contractors, this includes programs for ongoing pasture renovation, fertilization, soil health management and weed control. This is all focused on optimizing productivity from the pastures and animal health.
Importantly, there is an abundance of surface water in several large dams across the property, and the reliable annual average high rainfall of around 790mm supports optimum paddock productivity.

The vendors will orientate the new owners with their programs and contractors, if required.
This picturesque property is studded with magnificent mature gum trees and pockets of remnant scrub, all offering shelter for grazing animals. The paddocks are easily accessed by a wide raceway and are all secure with well-maintained fencing.

The c1950 farmhouse has 3 large bedrooms, a modern bathroom, large modern country kitchen, 2 living rooms and 2 toilets after progressive internal renovation over the recent years that has made it a very comfortable home for the family. The large securely fenced backyard comes off the paved undercover alfresco area, with relaxing views down across the property.

The surrounding improvements include workshop/shedding, implement/hay shed and the relatively recent enclosed shearing shed with rooms, kitchen, bathroom and outdoor undercover deck area all looking out over panoramic views down and across this beautiful property.

The key features of this property are;
15 paddocks & 4 holding pens across the 179 acres
4 large dams
Good 790mm annual average rainfall
Plenty of rainwater storage
Excellent fencing
Wide raceway for easy paddock access
Quality animal yards with under cover crush.
Trees and remnant scrub offering animal shelter
Mains power connected

The property is within a comfortable short drive to the hotels, shopping, cafes, services, and schools in Mount Compass and Meadows. The major service & shopping centres in Victor Harbor (South Coast), McLaren Vale and Aldinga Beach are only around 30 minutes away by car, and the Adelaide CBD approx.. 60 minutes by car.

NOTE: The first open inspection is scheduled for 11.30am on Saturday July 13. In the meantime I will be pleased to email you a copy of the INFORMATION MEMORANDUM to assist with your orientation about the property.

Disclaimer: We have in preparing this information used our best endeavors to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. RLA 62833

Property History for 283 Mount Magnificent Rd, Mount Magnificent, SA 5210

A timeline of how this property has performed in the market
Last Sold
$750,000
17 Aug 2007
  • 28 Jun 2024
    Listed for Sale $1.95m - $2.15m
  • 17 Aug 2007
    Sold for $750,000

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About Mount Magnificent 5210

The size of Mount Magnificent is approximately 17 square kilometres. It has 4 parks covering nearly 12.7% of total area. The population of Mount Magnificent in 2011 was 282 people. By 2016 the population was 55 showing a population decline of 80.5% in the area during that time. The predominant age group in Mount Magnificent is 60-69 years. Households in Mount Magnificent are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Magnificent work in a professional occupation. In 2011, 81.5% of the homes in Mount Magnificent were owner-occupied compared with 72.8% in 2016..

Mount Magnificent has 38 properties. As at 30 September 2024:

  • The median value for Houses in Mount Magnificent is $1,051,321.
There are currently 2 properties listed for sale, and no properties listed for rent in Mount magnificent on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Mount magnificent.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.