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.
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
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 140 properties. As at 30 November 2024:
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