'Comaum' - 277.56 acres / 112.33 ha AUCTION 1ST FEBRUARY 11:00am PENOLA RSL - Settlement 29th March - 10% deposit at fall of the hammer.
TDC are proud to offer, for sale by auction, 687 Nambour Rd Comaum.
The property offers some 277 acres of gently undulating prime grazing land located within the Coonawarra GI. 'Comaum' boasts solid pastures of phalaris, clover and rye grass with a strong fertiliser history. Soils consist of deep chocolate loam grading to terra rossa. There are large gums scattered over the property offering shelter and adding to asthetics.
The property has been recently refenced into four paddocks which funnel into a central laneway, leading into the cattle and sheep yards. The cattle yards are equipped with a crush and loading ramp, which also services the bugle style sheep yards. There is all year B-Double acces allowing for easy stock carting.
Each paddock is serviced by stock water from concrete troughs, with water reticulating from a poly tank filled by a submersible equipped bore on power. Other improvements include an older stone dwelling and a timber frame shed.
The auction of Comaum represents a fantastic opportunity for the astute purchaser looking for a well presented grazing allotment in a secure area. Call Tom on 0427 642 138 or Sam on 0421 822 058 for further information and to arrange an inspection.
Property Code: 607
The size of Comaum is approximately 73.6 square kilometres. It has 5 parks covering nearly 37.1% of total area. The population of Comaum in 2011 was 338 people. By 2016 the population was 22 showing a population decline of 93.5% in the area during that time. The predominant age group in Comaum is 10-19 years. Households in Comaum are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Comaum work in a managers occupation. In 2006, 16.2% of the homes in Comaum were owner-occupied compared with 61.8% in 2011..
Comaum has 45 properties. Over the last 5 years, Houses in Comaum have seen a 104.47% increase in median value. As at 31 October 2024:
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