1129 Diagonal RoadColes SA 5272
Property Details for 1129 Diagonal Rd, Coles
Last Listing description (July 2022)
Located in Wattle Range and Coles.
A rare offering of 10 unique properties that are a mix of plantation and ex blue gum plantations, 6 harvested and ready for redevelopment, 4 leased creating an investment opportunity.
Situated in the Limestone Coast region and centrally located between Lucindale, Penola and Millicent. Adjacent to proven, reliable grazing land. Currently being grazed under licence, all lots are fenced and watered from one or more bores equipped. Many lots adjoin for larger holding options.
Lot 1 'Evans' 1,340.7ha (3,313 acres) Diagonal Rd, Coles.
Lot 2 'Tomich South' 556.9ha (1376.13 acres) Coles-Killanoola Rd, Coles; Licensed occupancy to 6/2023.
Lot 3 'Tomich Middle' 550.7ha (1360.81 acres) Coles-Killanoola Rd, Coles; Licensed occupancy to 6/2023.
Lot 4 'Tomich North' 721.8ha (1783.61 acres) Coles-Killanoola Rd, Coles; 3BR renovated home & outbuilding.
Lot 5 'Tomich East' 210.37ha (519.84 acres) Charcutt Road, Maaoupe; Leased to 06/25 $22,750pa.
Lot 6 'Perrin' 464.30ha (1,147.31 acres) Spence-Coles Road, Spence; Leased to 12/2029 $128,601pa.
Lot 7 'Collins' 259.7ha (641.73 acres) Diagonal Rd, Coles; Licensed occupancy to 6/2023.
Lot 8 'Callendale' 271ha (669.66 acres) Diagonal Rd, Coles; Licensed occupancy to 6/2023.
Lot 9 'Dolan' 393.30ha (971.87 acres) Cluain Lane, Fox; Leased to 12/2029 $125,195pa.
Lot 10 'Bowman' 99.62ha (246.17ac) Clay Wells Road, Furner; Leased to 12/2029 $36,163pa.
Conditions apply.
Detailed Information Memorandum available by contacting the selling agents.
For Sale by Registration of Interest closing 21st April 2022 by 12 noon (SA time)
10% deposit, Settlement 10th June 2022
Inspection strictly by appointment.
In conjunction with Nutrien Harcourts
Property Code: 813
Property History for 1129 Diagonal Rd, Coles, SA 5272
- 30 Jun 2022Sold for $9,400,000
- 10 Mar 2022Listed for Sale Expression of Interest
- 21 Mar 2014Sold for $1,949,011
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About Coles 5272
The size of Coles is approximately 262.4 square kilometres. The population of Coles in 2011 was 978 people. By 2016 the population was 15 showing a population decline of 98.5% in the area during that time. The predominant age group in Coles is 10-19 years. Households in Coles are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coles work in a managers occupation. In 2006, 68.6% of the homes in Coles were owner-occupied compared with 70.3% in 2011..
Coles has 68 properties. Over the last 5 years, Houses in Coles have seen a 68.41% increase in median value. As at 31 October 2024:
- The median value for Houses in Coles is $538,190.
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