OFF MARKET

2250 Bull Creek Road
Tooperang SA 5255

Bedrooms: -
Bathrooms: 1
Car spaces: -
Land area: 384100m2
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Property Details for 2250 Bull Creek Rd, Tooperang

Building Type
Land
Land Size
384100m2
Local Government
Alexandrina
Lot/Plan
A2/D15088

Last Listing description (February 2019)

38.41ha/94.9 acres of prime agricultural land with a huge water licence and an established prize winning olive grove already established.
The olive grove is producing incredible results with wins in the Sydney Royal Show and numerous other competitions.
In excess of 8,100 trees have been planted from 1999 to 2001 and some replanting completed of Koroneki in 2016.

6 varieties of olives are producing from Koroneki, Frantoio, Kalamata, Pendolino, Leccino and Barnea.

The watering system is fully computerised and automated from a bore on the property with the government groundwater data from June 2017 showing a yield of 5.63 litres/sec with water quality at 207mg/l. The bore irrigates from 12 valve areas through the in-line dripper system.
New dripper lines have been installed progressively and a second non-equipped bore is in the same area.
The Water Licence is 138,840 kl plus a current rollover amount of 13,884 kl.
Three phase power is connected to the property.
Improvements include the 12m x 6m fully enclosed shed for storage and lunch room, plus the adjacent enclosed shed for storage of product and machinery of 15.5m x 9.0m. Council approval has been granted to erect a new 25m x 12m shed which is included in the sale and a flat site is provided.
Machinery used on the property is available by separate negotiation. This will include a 250 kg/hour olive press, an olive harvester and various other plant and equipment used on the property.

The property has been managed by the current owner and is producing great results. The yields are at an all-time high and awards from the various competitions including the Sydney Royal Show are testament to the quality of the product.
No herbicides or pesticides have been used for the past 5 years and whilst the grove is organic it does not hold that certification.
If you are contemplating expanding your operation, see an opportunity to get into a first class property, or looking for a tree-change it is well worth inspecting this property.
Highlights include:
- 38.41 Ha prime agricultural land
- Over 8,100 established olive trees in good condition
- Good bore water supply with huge water licence
- Fully computerised watering system
- 2 Large storage sheds and permit and pad for one more large shed which is on-site
- No pesticides or herbicides used for past 5 years
CT / 5554/442
Council / Alexandrina Council
Zoning / Primary Production
Land / 38.41 Ha
Council Rates / $2,366.35 pa
ESL / $106.90 pa

Property History for 2250 Bull Creek Rd, Tooperang, SA 5255

A timeline of how this property has performed in the market
Last Sold
$518,000
22 Feb 2019
  • 22 Feb 2019
    Sold for $518,000
  • 19 Dec 2018
    Listed for Sale $945,000
  • 21 Jul 2013
    Sold for $374,465
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About Tooperang 5255

The size of Tooperang is approximately 40.5 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Tooperang in 2011 was 379 people. By 2016 the population was 235 showing a population decline of 38.0% in the area during that time. The predominant age group in Tooperang is 50-59 years. Households in Tooperang are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Tooperang work in a labourer occupation. In 2011, 82.3% of the homes in Tooperang were owner-occupied compared with 70.9% in 2016.

Tooperang has 151 properties. Over the last 5 years, Houses in Tooperang have seen a 84.06% increase in median value. As at 30 November 2024:

  • The median value for Houses in Tooperang is $1,018,727 while the median value for Units is $581,980.
There are currently 2 properties listed for sale, and no properties listed for rent in Tooperang on OnTheHouse. According to CoreLogic's data, 8 properties were sold in the past 12 months in Tooperang.

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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.