FOR SALE
$1.95m - $2.15m

283 Mount Magnificent Road
Mount Magnificent SA 5210

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Land area: 724300m2
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Magnificent rural lifestyle property!

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
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Property Details for 283 Mount Magnificent Rd, Mount Magnificent

Building Type
Rural
Land Size
724300m2

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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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Ross Coleman
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Roger Smith
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Elders Real Estate Victor Harbor (RLA62833)
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