Craiglea is located approximately 30km South East of Kingston, 80kms northeast of Naracoorte. The property fronts both the Princes Highway and Bowaka Road.
The rapidly expanding township of Naracoorte is located in South Australia's Limestone Coast region and is approximately 340km southeast of Adelaide, 450km northwest of Melbourne and 100km north of Mount Gambier. Naracoorte boasts a population in excess of 5,000 people. Over and above many natural resources, good quality and large quantities of underground water is seen to be the area's most significant single natural resource.
Naracoorte offers excellent shopping and business facilities. It also offers a weekly livestock exchange and an export cattle abattoir.
The district is renowned for prime lambs, beef production and wool industry. A unique characteristic of this are is the speed in which pastures are able to respond to rain, enabling maximum growth and fattening potential of livestock to be obtained.
Zoning & Town Planning:
the property lies within the Kingston District Council and is located in the Primary Production Zone.
Rates and Taxes:
Council rates for the year 2015/2016 are approximately $2,458.10 per annum.
Crown Lease Additional Information
Annual rent amount:$475
Rent review: not subject to rental reviews
Transfer to Freehold fee: $30,484+fees and charges (approximately $717) quoted as of 10th June 2016, price is subject to change.
Climate and Rainfall
The South East is one of the most reliable areas in Australia. The seasonal distribution is of Mediterranean type with dry summers and wet winters. Pastures, hay and intensive agricultural and horticultural production have an emphasis on growth in spring, summer and autumn.
The mild temperatures during the growing period provide opportunities for late season production to meet specific market demands. Craiglea lies within the 650mm rainfall belt.
Country
Craiglea has a gradual rise to the east and falls to the west with some strong good flats. The property provides good early feed, whilst the flats provide an abundance of feed with rapid growth throughout the spring and into early summer.
Pastures & Fertilisers
Craiglea's soil types are grey to dark loams to clays.
The soil profile of many areas of the property is indicative of land which responds well with the opening rains. There are areas that are well drained and suitable for hay production.
A solid pasture base with excellent pastures consisting of strawberry clovers, sub clovers, rye grasses and native grasses which provides ample amount of feed in predominantly spring. The pasture growth rate is unbelievable over spring. "Feed Factory".
Fertiliser has been applied every year to all paddocks, with 100kg per hectare.
Overall each paddock has a complimentary balance of soil types which diverse opportunities are available.
Fencing & Stock Water
The property is well fenced. Majority of the fencing 6-8 line plain wire. Majority of gates on the property are in good condition and swing both ways. 9 paddocks with a large portion of fencing new and has been replaced over the previous years.
All paddocks are watered to concrete troughs from windmills via inch poly pipe. Water is sourced from windmill and tank, which is gravity fed through to the troughs.
Livestock
Sheep - excluded from the sale (successful purchaser may have first right to buy if required)
800XBE x lambs May - Sept
1200XBE x lambs Sept - Nov
All lambs sold by end of November
1400-1600 dry ewes Dec - April with grain feeding in Feb&March
The Vendor quotes - he stocks the property all year round.
Improvements
Shearing Shed
-3 stand shearing shed
-working condition
-wood and metal sheep yards
Homestead
-3 bedroom
-1 bathroom home
-In need of a little T.L.C., ideal for workman or weekender
-Single phase power
-2 living areas
-wood combustion heater
Conjunction sale with Elders Ltd Grant Schubert 0429 077 033
Property Code: 404213110