183 Brooklyn RoadMelrose SA 5483
Property Details for 183 Brooklyn Rd, Melrose
Last Listing description (November 2024)
A significant opportunity to lease a substantial farm in the reliable Melrose farming district. The land predominantly comprises healthy red/brown clay loam soils well suited to cropping and hills grazing. Water is supplied via underground water and dams as well as a permanent spring which traverses ?Brookside?. This property offers scale and would make for an excellent addition to an existing farming operation. The property is being offered for lease as a whole or in 4 contingent Lots.
- Total land size 2,239 acres/906 hectares*
- Lot 1 ? ?Mansoura? Total land size 653 acres/264.6ha* (229 acres arable*)
- Lot 2 ? ?Fiebs? Total land size 269 acres/108.9ha* (187 acres arable*)
- Lot 3 ? ?Brooklyn? Total land size 781 acres/316ha* (313acres arable*)
- Lot 4 ? ?Brookside? Total land size 536 acres/217ha* (387 acres arable*)
- Total average annual rainfall 500mm/20?*
- The property is well fenced
- Water supply via a bore, 21 dams and a permanent spring
- Improvements Excluded
- Sheep and Cropping
For Lease by Expressions of Interest
Due 12pm 17th October 2024
Lease Details
Commencing ? 1st January 2025
Term ? 3 years
Early Access will be provided for spraying and tillage to the successful lessee
Information Memorandum available upon request.
Inspections by appointment only.
RLA228106
Property Code: 10040
Property History for 183 Brooklyn Rd, Melrose, SA 5483
- 06 Sep 2024Listed for Sale LEASED
- 21 Apr 2015Sold for $2,325,000
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About Melrose 5483
The size of Melrose is approximately 328.9 square kilometres. It has 2 parks covering nearly 11.1% of total area. The population of Melrose in 2011 was 406 people. By 2016 the population was 349 showing a population decline of 14.0% in the area during that time. The predominant age group in Melrose is 60-69 years. Households in Melrose are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Melrose work in a managers occupation. In 2011, 81.5% of the homes in Melrose were owner-occupied compared with 83% in 2016.
Melrose has 364 properties. Over the last 5 years, Houses in Melrose have seen a 63.53% increase in median value. As at 31 October 2024:
- The median value for Houses in Melrose is $275,894 while the median value for Units is $328,599.
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