287 Newman RoadMagdala SA 5400
Property Details for 287 Newman Rd, Magdala
Last Listing description (May 2023)
A rare opportunity exists to lease 704 acres of quality Mid North cropping and grazing . A 3 year lease term is being offered. The property is being offered as a cropping or grazing operation at the lessee discretion. The land lends itself to a huge cropping potential although mainly being utilized as a grazing operation currently. It will be offered in 4 non-contingent lots.
Lot 1- Home is located just north of Magdala and currently consists of unimproved pasture and consists of a heavier loam soil. There will be a small exclusion zone on this lot excluding the house and holding paddock of approximately 8.5ha.
Lot 2- Glenhaven is located to the east of Hamley bridge and consists of unimproved pasture, and consists of a mix of loam soil to sandy soil.
Lot 4- Claytons is to the North of Stockport and has been sown to a bean crop in 2022. This has yielded well and sets up the soil for a strong crop in 2023.
For Lease by Tender closing at 12 noon on Tuesday 21st of Febuary 2023 at Nutrien Gawler. Office located at 1 Bernard Court, Gawler.
All inspections are by appointment only with the exclusive Selling Agents.
Contact Details
Nutrien Harcourts Gawler
1 Bernard Court, Gawler SA 5118
Peter Marschall
M 0428 196 935
E peter.marschall@nutrien.com.au
Property History for 287 Newman Rd, Magdala, SA 5400
- 16 Jan 2023Listed for Sale For Lease By Tender
- 14 Apr 1994Sold for $85,000
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About Magdala 5400
The size of Magdala is approximately 36 square kilometres. It has 1 park covering nearly 1.6% of total area. The population of Magdala in 2011 was 888 people. By 2016 the population was 44 showing a population decline of 95.0% in the area during that time. The predominant age group in Magdala is 50-59 years. Households in Magdala are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Magdala work in a managers occupation. In 2011, 85.5% of the homes in Magdala were owner-occupied compared with 69.6% in 2016..
Magdala has 82 properties. As at 31 October 2024:
- The median value for Houses in Magdala is $855,168 while the median value for Units is $301,662.
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