1324 Old Kalangadoo-Penola RoadMonbulla SA 5277
Property Details for 1324 Old Kalangadoo-Penola Rd, Monbulla
Last Listing description (November 2024)
TDC is pleased to offer The Grass 684 acres or 276.86 hectares 15kms Southwest of Penola and 13kms from Kalangadoo off the Old Kalangadoo Road. The Kalangadoo area is reknowned for its reliability with consistent winter rainfall or around 730mm per annum and quality soil types with the area being a base for many horticultural, and grazing properties.
The Grass is a spring/summer feed machine featuring heavy loam soils which retain moisture for long periods allowing the strong clover, phalaris and ryegrass pastures to thrive when many areas shut down. The large red gums offer protection to the livestock as well as adding that little something to the attractiveness of the parcel.
At the rear of the property is a 100-acre centre pivot only a few years old, with the addition of the 127.5 mL water licence it adds the security of being able to produce feed when other areas are lacking.
Cattle facilities are at the front of the property alongside the hay shed which is 20mx13m. Stock water to the property is via solar pumps to tanks which are scattered over the parcel, there is also rear access along a laneway. Overall, a great parcel in a very secure rainfall area.
Contact Mark De Garis 0428 372 124 or Tom Pearce on 0427 642 138.
Property Code: 926
Property History for 1324 Old Kalangadoo-Penola Rd, Monbulla, SA 5277
- 22 Nov 2024Listed for Sale $6,200,000
- 08 May 2024Listed for Sale POA
- 14 Feb 2023Sold for $6,850,000
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About Monbulla 5277
The size of Monbulla is approximately 156.7 square kilometres. It has 3 parks covering nearly 1.8% of total area. The population of Monbulla in 2011 was 1,706 people. By 2016 the population was 113 showing a population decline of 93.4% in the area during that time. The predominant age group in Monbulla is 0-9 years. Households in Monbulla are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Monbulla work in a managers occupation. In 2011, 70.7% of the homes in Monbulla were owner-occupied compared with 80% in 2016..
Monbulla has 120 properties. As at 31 October 2024:
- The median value for Houses in Monbulla is $555,065.
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