OFF MARKET

581 Drescher Road
Borrika SA 5309

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 19380000m2
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Property Details for 581 Drescher Rd, Borrika

Building Type
Rural
Land Size
19380000m2
Local Government
Karoonda East Murray
Lot/Plan
Q1/D72794

Last Listing description (March 2022)

For Sale as a whole or in contingent lots:
ROI Closing 2pm 12/11/21 - Inspect By Appointment.
Located at Borrika just off the Karoonda Highway are these 4 major productive cropping and grazing sections that front Drescher Road, Lush Road and Garrick Bore Road. The home block includes 2 homes, 3 stand shearing shed, machinery shedding, submersible pump equipped bore and wide open cropping country. The Garrick Bore Road property has a windmill equipped bore and wide open cropping country with 3km runs. The title across the road from home block has 2 pieces and the second piece fronts Lush Road. There is a small list of plant and equipment available as well (Steiger Tractor, Field Bins etc.. ) that can be purchased on its own as individual sale lots or with the farm. All round this is a wonderful opportunity to secure a significant land mass to operate as a wholistic farm or large pieces as valuable add ons. Contact Mark Egan on 0409055744

Property History for 581 Drescher Rd, Borrika, SA 5309

A timeline of how this property has performed in the market
Last Sold
$2,069,000
09 Feb 2022
  • 09 Feb 2022
    Sold for $2,069,000
  • 27 Sep 2021
    Listed for Sale Contact Agent

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About Borrika 5309

The size of Borrika is approximately 181.1 square kilometres. The population of Borrika in 2011 was 163 people. By 2016 the population was 32 showing a population decline of 80.4% in the area during that time. The predominant age group in Borrika is 60-69 years. Households in Borrika are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Borrika work in a managers occupation. In 2011, 87.5% of the homes in Borrika were owner-occupied compared with 61.1% in 2016..

Borrika has 67 properties. Over the last 5 years, Houses in Borrika have seen a 59.25% increase in median value. As at 31 August 2024:

  • The median value for Houses in Borrika is $287,651.
There are currently 1 property listed for sale, and no properties listed for rent in Borrika on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Borrika.

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