OFF MARKET

60 Kooringal Rd
Mount Wedge SA 5670

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 7286000m2
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Property Details for 60 Kooringal Rd, Mount Wedge

Building Type
Commercial
Land Size
7286000m2
Local Government
Elliston
Lot/Plan
S81/H550300

Last Listing description (October 2022)

Elders Rural Services are pleased to present "Glandore" to the market as a whole or in 2 separate contingent parts ("Glandore North" & "Glandore South") by way of expression of interest closing Wednesday 8th June 2022.

Glandore is a medium scale livestock business with an opportunity to further develop the cropping potential. A feature of the holdings is the secure water availability and the solid infrastructure in place across the land holdings.

Glandore is located at 60 Kooringal Road Colton, approximately 20km north of Elliston, 185kms north west of Port Lincoln and 100km south east of Streaky Bay on the West coast of the Eyre Peninsula.

The total land area is 2,650.1 hectares (or 6,548.3 acres) with approximately 300acres arable for cropping but a total of approx 1,000acres arable with some further development.

The infrastructure includes a series of equipped windmills and solar pumps which provide good quality water to a series of tanks and troughs across the farm.
There is a 80' x 40' x 14' machinery shed with power that has an attached set of sheep & cattle yards. There is an implement shed and a fully functional 4 bedroom, 1 bathroom family home.

The grazing country consists of open limestone grazing with small sheaok shelter which is typical of the grazing country in this region. The grazing country pastures consists of native clovers, spear grass, barley grass and native vegetation.
The arable land has been sown to medic clovers over the years and pastures comprise of medic clovers, rye grass, barley grass and crop stubbles.
The cropping has been mainly for the production of feed for livestock and/or growing wheat and barley for sale.

The property is fenced with a mixture of cyclone or 5 wire fence with some barb wire lines in areas. Mostly timber posts with supporting steel droppers.

An average annual rainfall within the region is considered to range between 375mm - 400mm with approximately 80% falling between April to October each year.

An Information Memorandum is available upon request.

Expressions of Interest close on Wednesday 8th June at 4pm.

Property History for 60 Kooringal Rd, Mount Wedge, SA 5670

A timeline of how this property has performed in the market
Last Sold
$2,040,000
10 Aug 2022
  • 10 Aug 2022
    Sold for $2,040,000
  • 20 Jul 2022
    Listed for Sale SOLD
  • 15 Feb 2001
    Sold for $350,000

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About Mount Wedge 5670

The size of Mount Wedge is approximately 480 square kilometres. It has 2 parks covering nearly 17% of total area. The population of Mount Wedge in 2011 was 321 people. By 2016 the population was 3 showing a population decline of 99.1% in the area during that time. The predominant age group in Mount Wedge is 0-9 years. Households in Mount Wedge are primarily couples with children and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Mount Wedge work in a managers occupation. In 2006, 27.3% of the homes in Mount Wedge were owner-occupied compared with 81.7% in 2011..

Mount Wedge has 22 properties.

    There are currently 1 property listed for sale, and no properties listed for rent in Mount wedge on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Mount wedge.

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    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.