OFF MARKET

95 Lucas Road
Mount Pleasant SA 5235

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 678400m2
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Property Details for 95 Lucas Rd, Mount Pleasant

Building Type
Rural
Land Size
678400m2
Local Government
Mid Murray
Lot/Plan
Q10/D73177

Last Listing description (March 2022)

A rare opportunity exists to lease 269 acres of quality hills grazing and irrigation country. A 3 year lease term is being offered with a possible right to renew for another 3 years at the Lessors discretion. The property is being offered as an irrigation and cattle grazing enterprise. With a centre pivot sown to Lucerne, travelling irrigator and surrounding grazing country.

The hillside grazing area pastures have been well maintained and present a mix of Phalaris, clover, cocksfoot, ryegrass and other native pasture species. Currently running a self replacing Angus/Murray Grey cow herd between 50 and 70 cows depending on season with some utilisation of the irrigated area. A working set of cattle yards are available to be utilised.

Since 2014, this property has undergone extensive improvements to it's water facilities. Currently a centre pivot irrigates 28 acres of Lucerne. With another 26 acres under travelling irrigator with some sown to Lucerne and or cereal production. 2 water licences (Water Lic. 112,Meg L- Water Lic. 59,6 Meg L) service the property with 2 bores available for use both serviced by 3 phase power with a submersible pump at an approx. depth of 80m. There is also 3 dams on the property so water security is not an issue.

Infrastructure on the property is a significant hay/machinery shed with 2 rainwater tanks, shipping container for storage, diesel tank , and old dairy. Fenced into 9 paddocks with a a trough in each paddock, the property also has a small olive orchard that is mainly redundant. A very secure perimeter fence surrounds the property.

For Lease by Tender closing at 12 noon on Thursday 17th of March 2022 at Nutrien Gawler office located at 1 Bernard Court, Gawler.
Lease period begins 1st April 2022- ceases 31st March 2025. Approx 3 year term.
Neither the highest nor any Tender necessarily accepted.

All inspections are by appointment only with the exclusive Selling Agents.

Peter Marschall
M 0428 196 935
E peter.marschall@nutrien.com.au

Property History for 95 Lucas Rd, Mount Pleasant, SA 5235

A timeline of how this property has performed in the market
Last Sold
$575,000
07 Sep 2015
  • 17 Feb 2022
    Listed for Sale For Lease
  • 23 Mar 2020
    Listed for Sale Contact Agent
  • 07 Sep 2015
    Sold for $575,000

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About Mount Pleasant 5235

The size of Mount Pleasant is approximately 111.4 square kilometres. It has 2 parks covering nearly 1.7% of total area. The population of Mount Pleasant in 2011 was 960 people. By 2016 the population was 1,037 showing a population growth of 8.0% in the area during that time. The predominant age group in Mount Pleasant is 60-69 years. Households in Mount Pleasant are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Mount Pleasant work in a managers occupation. In 2011, 80.7% of the homes in Mount Pleasant were owner-occupied compared with 81.2% in 2016.

Mount Pleasant has 652 properties. Over the last 5 years, Houses in Mount Pleasant have seen a 88.60% increase in median value, while Units have seen a 80.90% increase. As at 31 October 2024:

  • The median value for Houses in Mount Pleasant is $632,069 while the median value for Units is $404,970.
  • Houses have a median rent of $270.
There are currently 3 properties listed for sale, and 1 property listed for rent in Mount pleasant on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Mount pleasant.

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Disclaimer
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.