274E Melrose RoadPekina SA 5431
Property Details for 274e Melrose Rd, Pekina
Last Listing description (October 2024)
It is with great pleasure that Wardle Co Rural have been favoured as the sole agents to offer this manageable sized parcel known as 'Mannion's' to the marketplace.
Mannions - Kittoe's is located 2.5 kilometres* northwest of Pekina in the Mid North of South Australia. This premium parcel of land is highly productive with the soils predominantly comprising healthy reddish brown loams in a reliable farming district. The property is well suited to continuous cropping and hay production. This property offers the astute buyer a quality rural holding and would make for an excellent add on to an existing farming operation or investment.
- Total land size 578 acres/233.9 hectares* (370 acres arable*)
- Productive soils predominantly comprising healthy reddish brown loams rising to the east.
- Generally well fenced into 4 main paddocks and a holding yard with portion refenced in the last 3 years
- Improved with 40' x 20' open front shed, steel sheep yards and atco hut
- Total average annual rainfall 400mm*
- Watered via solar bore (approx 18' Deep)
- Well suited for growing cereals, legumes, hay crops and pastures.
- This property would make for an excellent investment or add on to an existing farming operation looking to expand.
Settlement: 3rd of February 2025
5% Deposit
CT 5327/74
Council rates 2024/2025 $2,175.10
RLA228106
Property Code: 10035
Property History for 274e Melrose Rd, Pekina, SA 5431
- 11 Sep 2024Listed for Sale $680,000
- 12 Dec 2012Listed for Sale FOR LEASE BY TENDER
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About Pekina 5431
The size of Pekina is approximately 287.1 square kilometres. The population of Pekina in 2011 was 302 people. By 2016 the population was 61 showing a population decline of 79.8% in the area during that time. The predominant age group in Pekina is 60-69 years. Households in Pekina are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Pekina work in a managers occupation. In 2011, 87.3% of the homes in Pekina were owner-occupied compared with 85.2% in 2016..
Pekina has 159 properties. As at 31 October 2024:
- The median value for Houses in Pekina is $346,740.
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