SOLD
Sold on 26 Jun 2024 for $3,300,000

22 Buck Road
Moorak SA 5291

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 924700m2
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Property Details for 22 Buck Rd, Moorak

Building Type
Commercial
Land Size
924700m2
Local Government
Grant
Lot/Plan
A2/D78054

Last Listing description (November 2024)

Jason Malseed is pleased to present for Auction 22 Buck Road Moorak, a versatile property only minutes from Mount Gambier. Moorak is an area well known for its rich volcanic soil, high stocking capacity and secure rainfall.

This prime grazing property comprises 228 acres or 92.27 hectares (approx.) of undulating country providing warmth and high ground with established treelines. It is fenced into 12 paddocks with newly renovated pastures and an extensive fertilizer history. A central laneway offers easy access to the undercover stockyards. Shedding includes a large open-fronted hay shed, one stand shearing shed with concrete floor and a four-bay workshop with concrete floor and power. Stock water is supplied to all paddocks via a bore equipped with a submersible pressure pump with an additional solar pump on a second bore for backup.

A new Valley Centre pivot has been installed this year featuring remote operation and is supplied by a 74,408kL water-taking licence. The irrigated area is suited to grow small seeds, potatoes, cereal crops, high-yielding hay crops and pastures.

Set back of the road is an impressive Limestone homestead featuring high ceilings with timber floorboards in the original part of the house. The home offers four spacious bedrooms, main with ensuite, open plan living, dining and kitchen area plus an additional building that can be utilised as an office, further bedroom or storage. Rainwater supplies the homestead with the backup bore. A large 18x12m (approx) shed offers ample parking and contains a service pit and loft. The homestead is surrounded by a lush lawn with a nature play area and is ready for entertaining with space for your own firepit.

This property will be going to Auction on Friday the 17th of November 2023 at 11 am on site.

A detailed Information Memorandum is available upon request.

Particulars
Council - District Council of Grant
Council Rates - $5,801.80 per annum (approx)
Zoned - Rural (Ru)

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Property History for 22 Buck Rd, Moorak, SA 5291

A timeline of how this property has performed in the market
Last Sold
$3,300,000
26 Jun 2024
Listed for Rent
$665/w
13 Aug 2024
  • 12 Jul 2024
    Listed for Rent $665 / week
  • 26 Jun 2024
    Sold for $3,300,000
  • 12 Oct 2023
    Listed for Sale CONTACT AGENT
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About Moorak 5291

The size of Moorak is approximately 73.3 square kilometres. It has 6 parks covering nearly 0.3% of total area. The population of Moorak in 2011 was 956 people. By 2016 the population was 1,225 showing a population growth of 28.1% in the area during that time. The predominant age group in Moorak is 40-49 years. Households in Moorak are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moorak work in a managers occupation. In 2011, 84.4% of the homes in Moorak were owner-occupied compared with 83.4% in 2016.

Moorak has 385 properties. Over the last 5 years, Houses in Moorak have seen a 72.75% increase in median value. As at 30 November 2024:

  • The median value for Houses in Moorak is $651,048 while the median value for Units is $578,874.
There are currently no properties listed for sale, and no properties listed for rent in Moorak on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Moorak.

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