OFF MARKET

7036 Tod Highway
Karkoo SA 5632

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6677000m2
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Property Details for 7036 Tod Hwy, Karkoo

Building Type
Rural
Land Size
6677000m2
Local Government
Lower Eyre Peninsula
Lot/Plan
S48/H551400

Last Listing description (December 2021)

7036 Tod Highway, Section 48 Hundred Shannon, Karkoo SA 5632
668 Hectares (622 Arable Hectares)

Under Instructions from Mrs Shirley Franks to offer the property Section 48 Hundred of Shannon by way of Tender

Tenders will close 2pm Thursday 21st October 2021 at the agents office, 52 Railway Terrace, Cummins SA 5631.

Undulating cropping country situated approximately 29km North of Cummins at Karkoo, 7036 Tod Highway. Comprising 668 Hectares of which 622 Hectares are arable (1536 acres).

The arable land is undulating loamy soils with approximately 730 acres had clay spreading and 173 acres with delving applied.

Frank's has been well farmed and maintained with rubbled roads throughout the property and currently cropped to five paddocks.

Fertiliser has been well applied with gypsum or ammonium sulphate applied prior to sowing with MAP + 1% Zinc used for the past three seasons, with Nitrogen fertiliser used according to season, crop type and rotation.

This freehold property is well located on the 'Tod Highway with a reliable 16" rainfall, Shearing Shed, Super Shed and two implement sheds.

"Franks" property represents an excellent opportunity to purchase a new business venture or expand an existing farm business on a well recognised farm that is for genuine sale.

Inspections by appointment, please contact agent David Guidera on 0427 762 566 for more information.

Property History for 7036 Tod Hwy, Karkoo, SA 5632

A timeline of how this property has performed in the market
Last Sold
$5,100,000
01 Mar 2022
  • 01 Mar 2022
    Sold for $5,100,000
  • 16 Jul 2021
    Listed for Sale For Genuine Sale with Tenders closing 21/10/2021
  • 22 Aug 2007
    Transferred

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About Karkoo 5632

The size of Karkoo is approximately 245.5 square kilometres. It has 1 park covering nearly 2.2% of total area. The population of Karkoo in 2011 was 231 people. By 2016 the population was 61 showing a population decline of 73.6% in the area during that time. The predominant age group in Karkoo is 10-19 years. Households in Karkoo are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Karkoo work in a managers occupation. In 2006, 11.7% of the homes in Karkoo were owner-occupied compared with 76.1% in 2011..

Karkoo has 46 properties. Over the last 5 years, Houses in Karkoo have seen a -30.88% decrease in median value. As at 31 October 2024:

  • The median value for Houses in Karkoo is $328,842.
There are currently no properties listed for sale, and no properties listed for rent in Karkoo on OnTheHouse. According to CoreLogic's data, 2 properties were sold in the past 12 months in Karkoo.

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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.