OFF MARKET

529 Morambro Road
Lochaber SA 5271

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 855000m2
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Property Details for 529 Morambro Rd, Lochaber

Building Type
Land
Land Size
855000m2
Local Government
Naracoorte Lucindale
Lot/Plan
A23/D116835

Last Listing description (May 2018)

450.4 Hectares 1112 Acres approximately
This property will be sold due to the dissolving of a family partnership.
888.174 mega litres - Underground Bore Water Taking Water.

Paracoola has a track record of high production with a combination
of soil type and high quality underground water, with woolshed, sheep yards and various machinery shedding.

Situated
Well located just 30km North west of Naracoorte in Lochaber.
Land
Consistent strong heavy clay loam over limestone being naturally fertile and productive. Conducive to both irrigation based systems and high yielding dry land activities including grazing and some cropping.

Irrigation
888 mega litre water Taking Licence. Currently irrigating approximately 105 Hectares by way of 4 modern centre pivots. Utilising underground aquifer being shallow depth, excellent quality and regarded as highly secure into the future.
Improvements
Improvements include 4 stand wool shed and sheep yards, electric bore pump, concrete troughing, electric fencing.
The sale of Paracoola is an ideal opportunity to secure a high capacity property with working facilities and an excellent irrigation history.
AUCTION
Date: Thursday 30th November, 2017
Time: 2.00pm
Venue: Naracoorte Town Hall
Deposit: 10% at the fall of the hammer
Settlement: Friday 1st of June 2018
Contact Cameron Grundy 0408 843 096

Property History for 529 Morambro Rd, Lochaber, SA 5271

A timeline of how this property has performed in the market
Last Transferred
$2,000,000
12 Apr 2018
  • 24 May 2018
    Transferred
  • 12 Apr 2018
    Sold for $2,000,000
  • 12 Apr 2018
    Sold
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About Lochaber 5271

The size of Lochaber is approximately 338.9 square kilometres. The population of Lochaber in 2011 was 261 people. By 2016 the population was 99 showing a population decline of 62.1% in the area during that time. The predominant age group in Lochaber is 50-59 years. Households in Lochaber are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lochaber work in a managers occupation. In 2011, 76.4% of the homes in Lochaber were owner-occupied compared with 68.4% in 2016..

Lochaber has 138 properties. As at 30 September 2024:

  • The median value for Houses in Lochaber is $678,800.
There are currently no properties listed for sale, and no properties listed for rent in Lochaber on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Lochaber.

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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.