FOR SALE
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58 Benlow Road
Waikerie SA 5330

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 11ha
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Established Orchard, Residential Potential!

Welcome to your dream retirement property! Nestled on 27.5 acres of serene land in Waikerie, South Australia, this magnificent established olive farm will provide you with additional income while you build your ever after home. The property is the perfect place for retirees looking to de-stress and enjoy a peaceful rural lifestyle with added income. The bottom portion, 6 acres in total, is zoned “Rural Living”, this can be divided into 5 one acre allotments and sold off individually providing another source of income.
Boasting:-
- 4300 Mature Olive Trees: Immerse yourself in the lush olive grove with 4300 mature olive trees, aged 27 years and chemical-free for over six years, ensuring premium quality olives.
- Potential Annual income: Harvesting 60 tonnes of chemical-free olives, in its first year since its irrigation upgrade, the property yields 8550 litres of Extra Virgin Olive Oil (EVOO). You can anticipate growing Yields as the trees better adapt to the improved farm practice and offering the opportunity to retail your own chemical-free oil or sell table olives.
- Modern Shed and Irrigation System: A newly constructed, modern shed equipped with 3-phase power and a newly installed irrigation system are ready to support your processing needs.
- Council DA Approved for Private Residence: Enjoy the convenience of being just minutes away from the town centre with the added benefit of DA approval for your dream home, providing flexibility and extended living options.
- Dual Zoning: Benefit from horticultural and rural living zoning. This allows for tourist accommodation options with subdivision potential for multiple blocks.
This property not only offers a fulfilling retirement lifestyle but also the potential for prosperity in one of Australia's finest produce regions. Don't miss the chance to make this your retirement haven and secure a slice of natural beauty and endless possibilities!
If you're ready to discuss this exceptional property and explore the opportunities it holds, let's connect and make your retirement dreams a reality!
Call Cary Hocking on 0488 414 460
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Property Details for 58 Benlow Rd, Waikerie

58 Benlow Rd, Waikerie is a bedroom, bathroom AcreageSemi-rural. The property has a land size of 11ha. The place is currently for sale with @realty.

Building Type
AcreageSemi-rural
Land Size
11ha

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About Waikerie 5330

The size of Waikerie is approximately 70.6 square kilometres. It has 28 parks covering nearly 2% of total area. The population of Waikerie in 2011 was 2,714 people. By 2016 the population was 2,676 showing a population decline of 1.4% in the area during that time. The predominant age group in Waikerie is 60-69 years. Households in Waikerie are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Waikerie work in a labourer occupation. In 2011, 61.6% of the homes in Waikerie were owner-occupied compared with 64% in 2016.

Waikerie has 1,750 properties. Over the last 5 years, Houses in Waikerie have seen a 69.71% increase in median value, while Units have seen a 54.52% increase. As at 31 August 2024:

  • The median value for Houses in Waikerie is $327,822 while the median value for Units is $229,389.
  • Houses have a median rent of $335 while Units have a median rent of $168.
There are currently 14 properties listed for sale, and 6 properties listed for rent in Waikerie on OnTheHouse. According to CoreLogic's data, 62 properties were sold in the past 12 months in Waikerie.

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Cary Hocking
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@realty
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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.