SOLD
Sold on 22 Jan 2024 for $4,550,000

1488 Tooligie Hill Road
Tooligie SA 5607

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4951000m2
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Property Details for 1488 Tooligie Hill Rd, Tooligie

Building Type
Land
Land Size
4951000m2
Local Government
Elliston
Lot/Plan
S12/H533000

Last Listing description (January 2024)

An exciting opportunity presents to acquire prime cropping land well suited to growing high yielding lentil and cereal crops located at the well renowned Tooligie Hill on the Eyre Peninsula. The property is located approximately 20 kilometres south of Lock and 16 kilometres* east of Tooligie.

Total land size 495 Hectares / 1,223 Acres*

Total arable land 453 Hectares / 1,119 Acres*

- Highly productive fertile grey loam soils with a rising easterly aspect

- Average annual rainfall 375mm*

- Excellent access via 3 road frontages

- Well fenced into 5 main paddocks

- SA Mains Water connected

- Improved with basic timber frame home

The 'Quarry block' presents an outstanding opportunity to purchase a reliable and productive farming parcel in a highly regarded and tightly held cropping region. The property is blessed with the idyllic characteristics of rainfall, soil type and topography to allow for reliability and sustainability which would make a welcome add on to an existing farming enterprise or investment.

Expressions of Interest due 12pm Monday 4th December 2023

Unless Sold Prior

Rural Selling Agent - James Wardle 0407362105

Information Memorandum available upon request. Register your interest today.

RLA228106

Property Code: 9464

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Property History for 1488 Tooligie Hill Rd, Tooligie, SA 5607

A timeline of how this property has performed in the market
Last Sold
$4,550,000
22 Jan 2024
  • 22 Jan 2024
    Sold for $4,550,000
  • 04 Nov 2023
    Listed for Sale Not Disclosed
  • 19 May 2017
    Transferred

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About Tooligie 5607

The size of Tooligie is approximately 737.8 square kilometres. It has 4 parks covering nearly 7.5% of total area. The population of Tooligie in 2011 was 435 people. By 2016 the population was 6 showing a population decline of 98.6% in the area during that time. The predominant age group in Tooligie is 50-59 years. Households in Tooligie are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Tooligie work in a managers occupation. In 2006, 16.9% of the homes in Tooligie were owner-occupied compared with 69.3% in 2011..

Tooligie has 55 properties.

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

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