OFF MARKET

183 Brooklyn Road
Melrose SA 5483

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4255000m2
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Property Details for 183 Brooklyn Rd, Melrose

Building Type
Rural
Land Size
4255000m2
Local Government
Mount Remarkable
Lot/Plan
S375/H331300

Last Listing description (September 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

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Property History for 183 Brooklyn Rd, Melrose, SA 5483

A timeline of how this property has performed in the market
Last Sold
$2,325,000
21 Apr 2015
  • 06 Sep 2024
    Listed for Sale Not Disclosed
  • 21 Apr 2015
    Sold 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 366 properties. Over the last 5 years, Houses in Melrose have seen a 47.94% increase in median value. As at 31 August 2024:

  • The median value for Houses in Melrose is $255,436 while the median value for Units is $231,675.
There are currently no properties listed for sale, and no properties listed for rent in Melrose on OnTheHouse. According to CoreLogic's data, 10 properties were sold in the past 12 months in Melrose.

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