SOLD
Sold on 19 Apr 2024 for $3,250,000

48 Cawrse Road
Mallala SA 5502

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 508200m2
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Property Details for 48 Cawrse Rd, Mallala

Building Type
Rural
Year Built
1998
Land Size
508200m2
Local Government
Mallala
Lot/Plan
S560/H140500

Last Listing description (April 2024)

YES - FREE RANGE FARMING - CHICKEN MEAT

Contract in place with one of the leading processors in this country

Regular monthly payments - plus regular batch payments

Separate payments from the Processor to cover all utility bills - a great partnership with the Processor

AND THAT'S NOT ALL.

50.94HA - 126 Acres - allows for the farm to double in size (planning consent required)

Just 50 minutes from the CBD

Huge growth and capital gain potential - this region is part of the States 30 year plan for greater Adelaide

Diversify your investment portfolio with the combined lifestyle and investment opportunities

Fully automated - arguably this thriving free range farm "runs itself"

FURTHER COMPELLING INFORMATION FOLLOWS;

This strategically placed chicken meat farm is now very much part of your future - principles of which are embraced by the public and consumer - that is "free range" farming principles!

Overall Strategic Summary

The District Council of Mallala covers an area of some 926 square kilometres embracing the townships of Two Wells, Mallala and Dublin.
Primarily very productive cropping and grazing country stretching right across to the coastline of the Gulf of St. Vincent.

Just 50 minutes from the CBD of Adelaide the region offers huge growth and capital gain potential - and has been identified in the states 30 year plan from greater Adelaide.

Grower Sheds and Improvements

Of the six broiler sheds - shed 5 was commenced in 1999 and completed in 2001 - the other 5 sheds were completed by 2005.
Built of steel frame construction and totally insulated - thus assisting with the overall enhancement of "modern day" bird husbandry principles/with biosecurity at the forefront.

Shed Sizes

Shed 1 1765.6 sqm
Shed 2 1765.6 sqm
Shed 3 1765.6 sqm
Shed 4 1765.6 sqm
Shed 5 1765.6 sqm
Shed 6 1801.934 sqm
Total area 10,642.734 sqm (approx.) - the above areas extracted from No. 9 Page 39 of the Broiler Growing Contract

Walk in - Walk Out

Fixed plant and equipment with each shed
Three automatic feed lines
Four automatic drinker lines
Automatic winches are attached to all feed and drinker lines
Three gas heaters
Cooling pads on both sides (at one end of each shed)
Medication tank
Sheds 1,2,3,4 and 6 have 8 Titan fans and ends fans - the first built (shed 5) has 10 Titan smaller fans.
Silos - Shed 1-4 each have 2 x 20 ton silos | Sheds 5 & 6 have 2 x 15 ton silos
There area 16 perches in each shed, connected to the feeder lines
LED lighting has been installed to all sheds

Environmental Climate Control

The sheds are fully computerized to enhance the best environmental conditions for the birds. The modern controllers are installed in all sheds (Agrologic Vision 24S) and can be monitored from your mobile phone.

Stand by Power Plant - 206 KVA Rolls Royce diesel generator
Storage Water Supply - provided by a 250,000 litre tank, and an 80,000 litre tank (approx).

Yield/Capitalisation

Once again consist with past/relatively recent sales - ranging from 10.76% to 10.87%.
The expenses, price adjusted (as above) invariably represent in the region of 32% to 36% of gross income.
This farm reflects the above analysis and capital assessments - a good comparison.

Payments to Grower

Kindly note that the following is a very basic overview of what is outlined in the Grower/Processor Contract.
Monthly payments - that can vary in accordance with bonuses and efficiency ratings.
Batch payments - paid soon after the batch has left the farm - in essence paid per square metre and recognized ("linking") the reimbursements of gas, electricity and water, litter replacement is looked at as well in the overall payments. Approximately 6 batches (therefore 6 batch payments per year).

The Broiler (Meat Bird) Growing Industry

The Industry has maintained massive growth, particularly over the last three decades, whilst contemporaneously maintaining the meat costs (for the consumer), at competitive levels, well below that of beef and veal, lamb and pork.

The consumer is now fully aware of the need to embrace a healthy diet with low fat - indeed chicken meat is versatile (in food preparation), healthy and certainly value for money.

Consumption of this product is also increasing (as a percentage of other meat products) - a result as a well run professional industry with high standards embraced by both the Grower and the Processor - logically with the highest bird quality/animal husbandry standards at the forefront.

Notably, for you as a Grower - there is monthly cash flow, plus 6 main batches ("crop") - hence cash flow stability which is superior to many other horticultural activities whereby for example there is only one crop per year.

Summary

Be part of a stable industry which provides higher returns than many other agricultural pursuits and economic activities, in an area with assured capital growth, and relatively close to amenities - once again just 50 minutes from Adelaide.

Property History for 48 Cawrse Rd, Mallala, SA 5502

A timeline of how this property has performed in the market
Last Sold
$3,250,000
19 Apr 2024
  • 19 Apr 2024
    Sold for $3,250,000
  • 18 Nov 2022
    Listed for Sale $3,600,000
  • 24 Sep 2020
    Listed for Sale $3,900,000
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About Mallala 5502

The size of Mallala is approximately 113.1 square kilometres. It has 1 park covering nearly 0.7% of total area. The population of Mallala in 2011 was 1,047 people. By 2016 the population was 893 showing a population decline of 14.7% in the area during that time. The predominant age group in Mallala is 50-59 years. Households in Mallala are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mallala work in a managers occupation. In 2011, 81.4% of the homes in Mallala were owner-occupied compared with 82% in 2016.

Mallala has 574 properties. Over the last 5 years, Houses in Mallala have seen a 103.11% increase in median value. As at 31 October 2024:

  • The median value for Houses in Mallala is $513,763 while the median value for Units is $373,775.
There are currently 4 properties listed for sale, and no properties listed for rent in Mallala on OnTheHouse. According to CoreLogic's data, 28 properties were sold in the past 12 months in Mallala.

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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.