213 Carousel Road, Keith SA 5267

AUCTION Tuesday 27th March 2018 at 2.00pm at the Keith Football Club (If not sold prior)
Available as a whole or in 3 non-contingent lots

1952 Hectares - 4823 Acres

Carousel is an industry leading property with a focus on lucerne production offering outstanding enterprise security and versatility.

• Location
Carousel is ideally located at Wirrega on the Dukes Highway which is approximately 21km from Keith and 23km from Bordertown, while Adelaide is 250km and Melbourne is 520km. Both Keith and Bordertown are significant rural centers offering lucerne seed industry associated service industries and retail outlets.

• Land
A high light of Carousel is the near perfect balance of loam over clay and limestone which is ideal for lucerne production - particularly irrigated lucerne seed production along with lucerne hay and livestock grazing including cattle and sheep.

The land comprises predominantly flat to gently undulating loams interspersed with heavier brown loam flats which can be readily cropped or dedicated to pasture.

The property has ideal amounts of shade and shelter with additional tree lanes.

Approximately 575 Hectares or 1420 Acres is laser leveled and bayed for irrigation activities.

• Lucerne Production
Lucerne seed production is the key production focus on Carousel. The lucerne stands also provide opportunity to harvest hay and depasture livestock in the form of approximately 1500 head of young beef cattle which are introduced post harvest and are grazed until lucerne lock up.

The property has previously run between 3000 and 4000 ewes producing both wool and prime lamb.

Carousel is also well suited to annual cropping.

The property is situated in a reliable agriculture area enjoying the security of plentiful underground aquifer water along with rainfall offering a virtual 12 month growing season over much of the property.

• Rainfall
Carousel enjoys an approximately 450-500 mm of average annual rainfall while the area is regarded as very reliable.
• Irrigation
A significant water licence which allows for approximately 3,648 mega litres of total allowable extraction per annum (plus taking carry over of 243.6 mega litres expiring 30/6/2018) will pass with the sale of the land.

Water quantity is plentiful while the quality is ideal for lucerne production.

Irrigation infrastructure includes approximately 11 bores equipped with turbine pumps which are powered by electric motors and two diesel engines.

Channels and bays are laser leveled and maintained while many sluice gates have been adapted to the Padman Stops automated system.

The system is designed to maximise water efficiency and security having many channels interconnected.

• Improvements
Carousel features a substantial solid 5 bedroom main homestead which was built circa 2003 being well appointed and set in established surrounds including synthetic grass tennis court.
A second, circa 1985 4 bedroom brick home which was the previous main home is also well appointed and set in neat surrounds.

Three other timber framed homes a located across the property.

A new set of Norton galvanised steel cattle yards have been erected during early 2018 which facilitates approx 300 head along with additional holding yards.

Three woolsheds provide for sheep when required.

Various shedding including hay sheds, machinery shedding, workshop and spray - chemical shed are strategically located over the property.

• Machinery and Plant
A unique aspect to the offering of Carousel is that the vendor will give the purchaser of the property the option of purchasing all of the current machinery and plant at a fixed price on a whole basis only. This schedule and price is available prior to auction.

• Current Staff
The two valued staff members and their families live on the property.
Each staff member has indicated they will be available to continue at Carousel if required.

Carousel is an industry leading lucerne seed producing property also offering cattle grazing a sheep production including wool and prime lamb plus annual cropping offering outstanding enterprise security and versatility.

To be offered firstly as a whole then if not sold in 3 non contingent sale lots.

Carousel - 784.7 Hectares or 1938 Acres or thereabouts.

Wirrelee - 488.7 Hectares or 1133 Acres or thereabouts.

Highbry - 708.8 Hectares or 1751 Acres or thereabouts.

Terms: 10% deposit at the fall of the hammer.
Settlement: Tuesday 1st May 2018

Detailed Property Information Schedule available.

Cameron Grundy 0408 843 096
SAL Real Estate RLA 1811 | 2 Smith Street Naracoorte SA 5271