Elders Rural Services are pleased to present these three contingent farms to the market by way of Expressions of Interest.
Located close to the foothills of the Cleve to Cowell ranges on the Eyre Peninsula, this property makes a fantastic mixed farming enterprise.
LAND AREA:
Breakdown:
PINEVIEW - 178 Yabmana Road
• Total area: 496.76 Ha / 1,227.5 acres
• Arable cropping area: 452.00 Ha / 1,160.89 acres
PINEROW - 310 Narridy Road
• Total area: 833.88 Ha / 2,060.5 acres
• Arable cropping area: 694.00 Ha / 1,714.87 acres
KIDMAN'S - 66 The Brothers Road
• Total area: 724.92 Ha / 1,791.2 acres
• Arable cropping area: 375.00 Ha / 926.62 acres
Improvements over the three properties include a number of machinery, implement and fertilizer sheds. There are 2 shearing sheds with sheep yards that consist of drafting gates & loading ramps. The shearing shed on Pineview needs work while on Pinerow the shed is in fully functional order.
The properties are well fenced and consist of mostly timber posts and 5 line cyclone with 1 barb.
There is good water sources by way of dams, windmills and bores which supply water troughs around paddocks.
The soil types include Loam over red clay with some shallow soil on rock with mostly sandy clay and sandy clay loam soil texture.
The average annual rainfall in this area is approximately 325mm-375mm.
The owners currently run approximately 600 breeding Ewes, 250 Ewe lambs and cut around 30 bales of wool per year whilst having half the land in crop.
There are two homes. The main house is located on PINEVIEW which was originally built in 1930 and has had renovations and improvements done over the years. It is a spacious neat and tidy three bedroom home with beautiful timber floors, formal lounge room, large open plan living area and country style kitchen with dining area. There is an office, 2nd shower in the laundry, heating, cooling, rainwater plumbed to the house and a lovely outdoor entertaining area.
There is also a stone home on PINEROW that was originally built in 1908 and has also been improved over time. It consists of three good size bedrooms, lounge room, 2nd living area, kitchen, dining area and rainwater. Both homes have car garages and neat & tidy gardens.
A breakdown of Improvements for each property is listed in the detailed Information Memorandum which is available upon request.
EXPRESSIONS OF INTEREST closes Friday 30th October 2020 @ 4pm.
The size of Cowell is approximately 635.4 square kilometres. It has 16 parks covering nearly 4% of total area. The population of Cowell in 2011 was 1,069 people. By 2016 the population was 1,130 showing a population growth of 5.7% in the area during that time. The predominant age group in Cowell is 60-69 years. Households in Cowell are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cowell work in a managers occupation. In 2011, 73.3% of the homes in Cowell were owner-occupied compared with 70.9% in 2016.
Cowell has 1,017 properties. Over the last 5 years, Houses in Cowell have seen a 98.24% increase in median value, while Units have seen a -27.77% decrease. As at 31 October 2024:
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