SOLD
RECENT ADVICE
Sold on 20 Nov 2024 for $3,000,000

2060 East West One Highway
Seddon SA 5223

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 3750000m2
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Property Details for 2060 East West One Hwy, Seddon

Building Type
Commercial
Year Built
1960
Land Size
3750000m2
Local Government
Kangaroo Island
Lot/Plan
A301/D67920

Last Listing description (December 2024)

Century 21 Kangaroo Island presents 2060 East West One Highway, Seddon, for sale by Expression of Interest, closing on Tuesday, 8th October 2024. Price guide: $2.7 million.

Located in the heart of Seddon's prime farming district, just 9km from Parndana township, this gently undulating property offers a remarkable agricultural opportunity. Spanning approximately 375 hectares, Allotment 301 sits on the corner of East West One Highway and McHughs Road and is held under a War Service Perpetual Lease.

This well-maintained property features excellent infrastructure suited for various farming activities, making it an ideal addition to an existing portfolio or a prime entry point for mainland farmers into the Kangaroo Island farming market.

Key Features Include:

Infrastructure: Circa 1960s homestead with 4 bedrooms, open-plan living, updated kitchen, bathroom, and roof. The property is currently tenanted on a periodic lease.

Shedding:
1. 4-stand shearing shed with annexed open-fronted shed (42m x 18m)
2. Older Armco open-fronted shed (18m x 6m)
3. Grain bunker (10m x 6m)
4. Open-fronted hay shed (9m x 8m)
5. Disused sheep milking facility and insulated storerooms (not used by the current vendor since occupation in 2009)

Fencing: All new boundary fencing and approximately 90% new internal fencing following the 2020 fires. The fencing is predominantly Cyclone 7/90/30, with a full internal raceway providing easy stock rotation and access to the shearing shed. Refer to the attached paddock plan as a guide.

Water: Numerous dams, approximately 20, are scattered throughout the property, alongside 2 winter creeks with current water flow.

Pasture Improvements: Annual and perennial sub-clover and ryegrass, with the paddock in the northwestern corner sewn to kikuyu grass. The soil is typically sandy loam over clay.

Fertilizer: Historical applications of single and DAP.

Rainfall: Similar to that of Parndana township, with a long-term average of 580mm per annum.

Stocking: Currently stocked with approximately 1,677 crossbred ewes with lambs.

Zoning: Rural.

Inspections are welcomed. To arrange a viewing, please contact Michael Barrett at Century 21 Kangaroo Island on 0427 727 333.

Buyers Note:

- Further information is available upon request.
- Photos and drone video were taken on 22/8/24.
- Copy of Crown Lease – War Service Perpetual CL Volume 6185 Folio 882. Annual rent $589.
- Kangaroo Island Council Section 7 Statement.
- Additional photos and video are available.

Disclaimer:

We have taken every care in preparing this information to ensure its accuracy, but we accept no responsibility for any errors, inaccuracies, or misstatements. Prospective purchasers are advised to make their own inquiries to verify the information provided.

All information on the Century 21 Kangaroo Island website is provided as a convenience to clients. Property prices displayed are current at the time of issue but may change at any time and are subject to availability.


Property History for 2060 East West One Hwy, Seddon, SA 5223

A timeline of how this property has performed in the market
Last Sold
$3,000,000
20 Nov 2024
  • 20 Nov 2024
    Sold for $3,000,000
  • 29 Aug 2024
    Listed for Sale Under Contract - Expressions Of Interest Price Gui
  • 23 Feb 2023
    Transferred
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About Seddon 5223

The size of Seddon is approximately 259.5 square kilometres. It has 1 park. The population of Seddon in 2011 was 560 people. By 2016 the population was 99 showing a population decline of 82.3% in the area during that time. The predominant age group in Seddon is 60-69 years. Households in Seddon are primarily couples with children and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Seddon work in a managers occupation. In 2011, 81.1% of the homes in Seddon were owner-occupied compared with 88.3% in 2016..

Seddon has 103 properties. Over the last 5 years, Houses in Seddon have seen a -49.38% decrease in median value. As at 30 November 2024:

  • The median value for Houses in Seddon is $416,869.
There are currently no properties listed for sale, and no properties listed for rent in Seddon on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Seddon.

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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.