OFF MARKET

1251 Kingston Road
New Residence SA 5333

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Land area: 218187m2
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Property Details for 1251 Kingston Rd, New Residence

Building Type
Land
Land Size
218187m2
Local Government
Loxton Waikerie
Lot/Plan
S106/H710800

Last Listing description (September 2020)

A well-developed and productive horticultural property located 12.5 kilometres (approx.) south of the Sturt Highway near Moorook in South Australia s Riverland region.
This attractive property occupies a prime position overlooking the Murray River and comprises a total land area of 131 hectares (approx.) on 5 Titles.
The property is split into two main parcels, a 41 hectare (approx.) parcel comprising a mature almond and citrus orchard and plantable land, and a 90 hectare (approx.) parcel of broadacre irrigation land currently used for vegetable production under centre pivot irrigators.

The 41 hectare developed property includes a wonderful family residence with established gardens and expansive lawns, overlooking the Yatco Lagoon and River Murray. This property also comprises extensive shedding for the storage of machinery and workshop areas.
Horticultural plantings include 20 hectares (approx.) of almonds, 2 hectares (approx.) of lemons, 2.2 hectares (approx.) of mandarins, 1.3 hectares (approx.) of Navelina oranges and 11 hectares (approx.) of plantable land.
The 90 hectare parcel is located opposite the main property, on the western side of Kingston Road. In recent times this property has been used for pumpkin production, irrigated by centre pivots. The land is also well-suited to broadacre cropping and has the potential for permanent tree crops, subject to necessary approvals and soil tests.
Water for irrigation is sourced from the River Murray. The property has its own extraction and pumping infrastructure located on the eastern side of the property at its closest point to the river. All or part of the vendor s water entitlements may be available for purchase separately. Adequate Site Use Approval is available across the two parcels.
A 100kW solar system on the irrigation pump provides for significant savings in electricity costs.
1251 Kingston Road, New Residence is the ideal addition for existing producers seeking geographical diversity and expansion, or a family seeking a small to medium scale horticultural enterprise with a stunning homestead and wonderful lifestyle attributes.
For Sale By Negotiation.
To obtain an Information Memorandum or request an inspection of the property, please contact Jesse Manuel or Tim Altschwager of Colliers International.

Property History for 1251 Kingston Rd, New Residence, SA 5333

A timeline of how this property has performed in the market
  • 28 Feb 2020
    Listed for Sale Contact agent
  • 21 Dec 2018
    Listed for Sale Not Disclosed

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About New Residence 5333

The size of New Residence is approximately 14.7 square kilometres. The population of New Residence in 2011 was 116 people. By 2016 the population was 76 showing a population decline of 34.5% in the area during that time. The predominant age group in New Residence is 10-19 years. Households in New Residence are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in New Residence work in a managers occupation. In 2011, 81.1% of the homes in New Residence were owner-occupied compared with 62% in 2016..

New Residence has 72 properties. Over the last 5 years, Houses in New Residence have seen a 93.01% increase in median value. As at 31 August 2024:

  • The median value for Houses in New Residence is $302,240.
There are currently 1 property listed for sale, and no properties listed for rent in New residence on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in New residence.

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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.