2944 Otc Road

Wandana SA 5690

- Cropping: Managed under a legume/wheat/barley/oats and pasture rotation.
- Fertilization: Currently under lease, with the lessee applying superphosphate at rates commonly accepted by local primary producers.
- Average Yield: 6-6.5 bags over the past 5 years.
- Pasture Management: Conservative grazing practices to build the medic seed bank during pasture phases.
- Rainfall & Stocking Capacity: Average annual rainfall of 290mm, with a DSE stocking capacity of 4700 Merino Sheep.

Soil & Fencing:
- Soil Type: Red and brown sand over clay with scattered granite outcrops.
- Fencing: All boundary and internal fences are in good to excellent condition.

Water & Improvements:
- Water Supply: Mains water via the Wandana Water Scheme Inc. All 44 paddocks have water access through 5 water meters.
- Improvements: 4-bedroom home with inground swimming pool; Extensively renovated 4-bedroom stone house; 4-stand raised shearing shed with new sheep yards; additional 2-stand shearing shed and yard on another block; 7 machinery sheds; 2 bulk fertilizer sheds; 2 mouse-proof barns on stilts; 11 grain silos of various sizes; 22,000L bulk diesel storage tanks; Numerous water tanks and troughs throughout the property

Investment Opportunity:
Koondapuna is positioned for immediate capital returns and offers a rare opportunity to invest in a productive agricultural district with excellent infrastructure. The property is currently under lease, ensuring ongoing productivity. The vendors are open to negotiating the exclusion of the dwelling on the home place if it is not required in the sale.

Sale Method: Expressions of Interest, closing at 4:00 pm, Thursday, 24th October 2024, unless sold prior.
Preferred Settlement Date: 1st March 2025 or negotiable

Contact the selling agent to obtain an Information Memorandum.