OFF MARKET

1273 Gap Road
Frances SA 5262

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 28860m2
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Property Details for 1273 Gap Rd, Frances

Building Type
Land
Land Size
28860m2
Local Government
Naracoorte Lucindale
Lot/Plan
A11/D45866

Last Listing description (March 2019)

1980 Hectares - 4892 Acres

As a Whole or 3 Lots

Boorala Sale Lot - 1100 Hectares - 2718 Acres
Sambells-Tekimar Lot - 523 Hectares - 1292 Acres
Wallabrook-Guthries - 357 Hectares - 882 Acres

EXPRESSION OF INTEREST
CLOSING MONDAY 5TH NOVEMBER 2018
AT 1PM, SAL Real Estate,
2 Smith Street, Naracoorte SA 5271

Purchasers can be confident in the features Boorala offers including strong productive land, an assured rainfall, secure water supply, sound infrastructure and all situated in an attractive gum studded landscape.
These aspects combine into a highly versatile and productive property which provides
for strong crop yields and heavy livestock carrying capacity.
Boorala is a well improved feature property which is in excellent heart with a near perfect balance of soil types well maintained improvements in close proximity to the regional centre Naracoorte and many key markets.

Location
Ideally located in the heart of the South East just 32km North of Naracoorte, 14km west of Frances on Gap Road. Adelaide 350kms and Melbourne 450kms. Local airport at Naracoorte and commercial airport at Mt Gambier being 110km south of the property.


Rainfall
Approx. 550mm to 575mm of annual average rainfall while the area is regarded as very reliable.

Land Type
Boorala predominantly comprises a superior blend of medium loam over clay to heavy black clay loams which are naturally fertile and highly productive.
Slightly undulating topography well suited to intensive grazing and high yielding hay and crop production.
Strong fertiliser history along with gypsum.
Currently approximately 40% crop - vendors estimate up to 80% crop.

Production
Currently approximately 40% crop - balance prime lamb production. High yielding cereals, legumes and oilseed. Cropping programme incorporates, recognised rotation including wheat, barley, canola, faba beans, lupins and hay. Cropping rotation history available on request.
Balance sown to highly improved permanent pasture being sub clover based and including phalaris, rye grass, balansa. Good stands of chicory and lucerne provide summer/autumn grazing in several paddocks. Pastures are in excellent heart and showing a great body of feed. These pastures are resilient and thrive under high pressure grazing.
Currently running approx 4,500 X B ewes plus rams producing 5,200 prime lambs per annum.
Crop stubbles are utilised for growing out prime lamb, summer grazing for livestock, providing additional weight gain and/or joining ewes.
The property has previously supported a self replacing merino flock for wool production. Currently Boorala continues to demonstrate an excellent ability to produce livestock with the production of large heavy fresh prime lambs.
The vendors estimate the property to run approximately 10,000 ewes should the whole of the property be dedicated to sheep production.
Beef cattle have been depastured historically. No cattle since 2014.

Stock Water
Stock and garden water are drawn from the high quality and reliable underground aquifer by way of submersible pump, solar pump and windmill. Poly and concrete tanks provide additional storage while each paddock has a water trough. Ample supply of rainwater to homes.

Fencing
The property very well fenced into 45 paddocks using modern materials and design. Swinging field gates throughout.

Improvements
Main Home
The substantial 5 bedroom home is well appointed being set in established lawn and treed garden featuring an in ground self cleaning pool and tennis court.
Cottage
A 4 bedroom cottage is situated on Teates Road.
Woolshed 1
Six stand across board. Power connected. Substantial sheep yards. Sheep handler under lean-to shearer's quarters.
Woolshed 2
4 stand raised curved board. Power connected. Substantial sheep yards.
Large machinery and hay storage shedding. 10 fixed silos on 2 sites. Cattle yards. Containment yards.
Improvements are substantial and well maintained.

Property History for 1273 Gap Rd, Frances, SA 5262

A timeline of how this property has performed in the market
Last Sold
$22,000,000
09 Apr 2021
  • 09 Apr 2021
    Sold for $22,000,000
  • 07 Mar 2019
    Transferred
  • 10 Sep 2018
    Listed for Sale Expression of Interest

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About Frances 5262

The size of Frances is approximately 119.4 square kilometres. The population of Frances in 2011 was 532 people. By 2016 the population was 75 showing a population decline of 85.9% in the area during that time. The predominant age group in Frances is 0-9 years. Households in Frances are primarily couples with children and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Frances work in a managers occupation. In 2011, 78% of the homes in Frances were owner-occupied compared with 65.8% in 2016..

Frances has 135 properties. Over the last 5 years, Houses in Frances have seen a 129.14% increase in median value. As at 30 November 2024:

  • The median value for Houses in Frances is $454,837.
There are currently no properties listed for sale, and no properties listed for rent in Frances on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Frances.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.