364 Bool Lagoon West RoadBool Lagoon SA 5271
Property Details for 364 Bool Lagoon West Rd, Bool Lagoon
Last Listing description (July 2021)
PRELIMINARY NOTICE
MUSTERING PADDOCK VINEYARD
CBRE Agribusiness are pleased to present for sale the Mustering Paddock Vineyard on behalf of the Haynes Family comprising a total land area of 80.56* hectares (199.06* acres). The property features a highly productive 53.5* hectare vineyard planted to Shiraz and Cabernet Sauvignon located in the well renowned Limestone Coast wine region of South Australia.
The Haynes Family initially began developing the vineyard in 1999 with the most recent plantings being in 2005. The property is located 27* kilometres northwest of Coonawarra, 28* kilometres southwest of Naracoorte and 450* kilometres southeast of the Adelaide CBD.
Key investment highlights include:
100% red grape varieties currently planted to 53.5* hectares including Cabernet Sauvignon (42.5* hectares) and Shiraz (11* hectares).
Abundant water available totalling 313.66* megalitres, being 224.54* megalitres in the management area of Lucindale (confined) and 89.12* megalitres in the management area of Moyhall (unconfined).
27* hectares suited to livestock grazing with soils comprising loam over brown and red clay and small sections of sandy loam on clay.
Fit-for-purpose infrastructure including a Colorbond shed with separate staff quarters and office, machinery shed and an additional pump shed.
Modern irrigation infrastructure including soil moisture profiling and water monitoring system in each block maximising irrigation efficiency.
Current grape supply contract to Limestone Coast Wines concluding in 2021 whilst previous years grapes have
been sold to Casella.
Pastures comprise a sub-clover base and annual grass pastures ideally suited to sheep and cattle.
Reliable rainfall area with an average annual rainfall of 577.3* millimetres (Bureau of Meteorology
Coonawarra).
Power to the property is via both single and three-phase power (three-phase power supplies the irrigation pump, sewerage and water).
The property features a central lane way and main road frontage allowing ease of movement for
machinery and facilitating management operations.
Settlement to occur after the 2021 vintage.
FOR SALE BY EXPRESSION OF INTEREST CLOSING THURSDAY 29 APRIL 2021 AT 4:00PM (ACST) - IF NOT SOLD PRIOR
Phil Schell
+61 418 809 849
Angus Bills
+61 400 859 634
*Denotes approx
Property History for 364 Bool Lagoon West Rd, Bool Lagoon, SA 5271
- 19 Jul 2021Sold for $1,229,501
- 22 Mar 2021Listed for Sale Contact Agent
- 23 Apr 1999Sold for $443,000
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About Bool Lagoon 5271
The size of Bool Lagoon is approximately 154 square kilometres. It has 4 parks covering nearly 23.9% of total area. The population of Bool Lagoon in 2011 was 656 people. By 2016 the population was 32 showing a population decline of 95.1% in the area during that time. The predominant age group in Bool Lagoon is 50-59 years. Households in Bool Lagoon are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Bool Lagoon work in a managers occupation. In 2011, 74.7% of the homes in Bool Lagoon were owner-occupied compared with 61.6% in 2016..
Bool Lagoon has 66 properties. As at 30 September 2024:
- The median value for Houses in Bool Lagoon is $397,398.
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