SOLD
Sold on 17 Nov 2023 for $555,000

114 Burrawing Creek Road
Lipson SA 5607

Bedrooms: 3
Bathrooms: 1
Car spaces: 8
Floor area: 163m2
Land area: 382400m2
Sold By
Elders Eyre Peninsula RLA 62833
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Property Details for 114 Burrawing Creek Rd, Lipson

Building Type
Land
Year Built
2008
Floor Size
163m2
Land Size
382400m2
Local Government
Tumby Bay
Lot/Plan
S35/H511600

Last Listing description (February 2024)

Jordan Foster is pleased to present you 114 Burrawing Creek Road, LIPSON. This property has enormeous potential and offers you a rural lifestyle with the sea just minutes down the road.

The property comprises a three bedroom house on 38.2 hectares and is zoned Rural Living.
There may be subdivision potential (subject to relevant consents and approvals).

Currently a mixed farm set to 1200 mature olive trees, 30 tree fruit orchard, plus 4 good sized sheep and/or arable cropping paddocks.
Situated just 13kms from a commercial olive processing plant in Tumby Bay.
The olive grove offers fantastic business potential and includes 1200 olive trees. Varieties include; Kalamata, Frantoia, Verdale and Manzanillo.
A 30 tree fruit orchard produces lemons, limes, blood orange, washington naval orange, mandarin, apricots, plums, pears, apples, peaches and peacharines.
Complimented by an irrigated shade house perfect for your vegetables. Plus a beautiful rose garden.

The 12 year old home is light filled with large windows.
An open plan dining and kitchen with reverse cycle split system is located adjacent to the separate lounge room.
Master bedroom has a walk-through robe to the two-way bathroom that doubles as an ensuite.
The toilet is separate and a linen cupboard in the hallway offers additional storage. Bedrooms two and three feature built-in robes.
The lounge, dining and all three bedrooms are equipped with ceiling fans.
There is an additional tiled room that runs the length of the house and currently facilitates an olive processing room with a gas gook top, stainless steel bench and a sink. Plus this room can be used for farm gate sales with custom made shelving. Or simply use as an additional living space or halve it with a fourth bedroom.

Additional Features:
5kw (20 panel) solar power system
200,000 litres of plumbed rainwater
An additional 3,000 litres of rainwater storage and mains water feed the four new sheep troughs
SA Water mains water is connected
Three bay car or machinery shed
Brand new in 2023 - sheep yard including a three way drafting race
Luxurious new (2022) 4m x 2m heated swim spa fully enclosed in a concrete floor shed - perfect way to relax after a hard day's work
Adjoining three bay carport with 3.4 metre (approx.) clearance.

Walk-in Walk-Out with:
Ford 5000 tractor in good working condition
Spray unit
3000 litre water cart
Olive cutting machine
Equipment for pickling and processing olives and fruit
Some household goods and kitchen equipment
Storage shipping container

Situated just a 10 minute (12.2km) drive from Tumby Bay. This location offers space and privacy away from the hustle and bustle, yet easy-convenience to nearby CBD amenities and beautiful sandy beach.
It doesn't get any better than this rare opportunity - be quick to book your private inspection. Contact Jordan Foster on 0477 097 941.

Council Rates (2022-2023): $1,106.06 per annum, approximately - subject to increases
SA Water (2022-2023): Supply Charge $70.80 per quarter, approximately + Water Usage
Sewer is independent and you will be required to seek a contractor to pump your septic when required.

Disclaimer: Measurements, land sizes and boundary outlines are approximate and are to be used as a guide only. All information provided including but not limited to rates, maps, drawings and distances have been obtained from sources we believe to be accurate; however, we cannot guarantee its accuracy. We take no liability for any errors or omissions. Interested parties should conduct their own independent research to verify the accuracy of the information provided.

RLA 274962

Property History for 114 Burrawing Creek Rd, Lipson, SA 5607

A timeline of how this property has performed in the market
Last Sold
$555,000
17 Nov 2023
  • 17 Nov 2023
    Sold for $555,000
  • 08 Mar 2023
    Listed for Sale NEW PRICE $650,000
  • 04 May 2022
    Sold for $500,000
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About Lipson 5607

The size of Lipson is approximately 271.6 square kilometres. The population of Lipson in 2011 was 315 people. By 2016 the population was 217 showing a population decline of 31.1% in the area during that time. The predominant age group in Lipson is 50-59 years. Households in Lipson are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Lipson work in a managers occupation. In 2011, 74.4% of the homes in Lipson were owner-occupied compared with 79.2% in 2016..

Lipson has 272 properties. Over the last 5 years, Houses in Lipson have seen a 73.48% increase in median value. As at 31 October 2024:

  • The median value for Houses in Lipson is $468,130.
There are currently 3 properties listed for sale, and no properties listed for rent in Lipson on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Lipson.

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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.