OFF MARKET

473 River Road
Swan Reach SA 5354

Bedrooms: 12
Bathrooms: 4
Car spaces: 10
Land area: 433000m2
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Property Details for 473 River Rd, Swan Reach

Building Type
Rural
Land Size
433000m2
Local Government
Mid Murray
Lot/Plan
S113/H701100

Last Listing description (February 2023)

Marx Real Estate have been appointed by the proprietors to offer to the market the well-known property known as Swan Citrus located at Swan Reach.
This attractive property occupies a prime position just 5 kms north of Swan Reach and is immediately adjacent to the Murray River and comprises a total land area of 43.3 Ha over two Freehold Titles.
Horticultural production revolves around Citrus with plantings of 15 Ha established and another newly planted 1 Ha. The plantings consist of Navels, Valencias oranges together with smaller areas of Lemons and Mandarins. In addition, there are approx. 12 Ha of wine grapes, the varieties being Chardonnay, Merlot and Cabernet Sauvignon.

Site use approval for the property has been increased to 438 Meg. The pumping station on the river is on a gantry to stay above any inundation due the flooding. The infrastructure post pump is first class and delivers water throughout the block. A fertigation tank is in situ. A header tank near the homes services their needs. It has a capacity of approx. 100,000 litres. In addition, the property has its own bore.
IMPROVEMENTS.
The property boasts four homes, each of stone construction. with 3 bedrooms and each with their own solar panels
The historic stone front entrance to the property could be easily resurrected.
Shedding is a feature suitable for all the necessary machinery needed to operate a productive Citrus property.
There is also a grading and packing shed fully equipped.
Cool room
Poisons bunker.
Swan Citrus would be an ideal addition for existing local horticulturists and viticulturists as well as those wishing to begin their farming life. The great accommodation that it offers would be ideal for staff or with some vision, a farm stay tourist venture.
An information Memorandum will be available upon request. Inspections strictly by appointment with the selling agent.


Land size: 43.3 ha (approx.)

DISCLAIMER: All information provided (including but not limited to the property's land size, floor plan and floor size, building age and general property description) has been obtained from sources deemed reliable, however, we cannot guarantee the information is accurate and we accept no liability for any errors or oversights. Interested parties should make their own inquiries and obtain their own legal advice. Should this property be scheduled for auction, the Vendor's Statement can be inspected at our office for 3 consecutive business days prior to the auction and at the auction for 30 minutes before it starts.

Property History for 473 River Rd, Swan Reach, SA 5354

A timeline of how this property has performed in the market
Last Sold
$580,000
22 Feb 2023
  • 22 Feb 2023
    Sold for $580,000
  • 13 Sep 2022
    Listed for Sale Contact Agent
  • 06 Jan 2020
    Listed for Sale Please contact agent
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About Swan Reach 5354

The size of Swan Reach is approximately 390.8 square kilometres. It has 2 parks covering nearly 6% of total area. The population of Swan Reach in 2011 was 222 people. By 2016 the population was 294 showing a population growth of 32.4% in the area during that time. The predominant age group in Swan Reach is 60-69 years. Households in Swan Reach are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Swan Reach work in a managers occupation. In 2011, 74.8% of the homes in Swan Reach were owner-occupied compared with 73% in 2016.

Swan Reach has 387 properties. Over the last 5 years, Houses in Swan Reach have seen a 104.54% increase in median value. As at 31 October 2024:

  • The median value for Houses in Swan Reach is $324,797 while the median value for Units is $488,278.
There are currently 6 properties listed for sale, and no properties listed for rent in Swan reach on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Swan reach.

Suburb Insights for Swan Reach 5354

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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.