355 Black Snake Road, Cromer via, Birdwood SA 5234

Rarely do you find a farm with a reliable, annual indexed income outside of its' normal rural purpose. This is the exception to the rule!

An idyllic location, it is currently utilized for grazing and fattening cattle. Given the market strength in this sector the opportunities for additional income here are increased. A unique proposition, the farm has an abundant water supply including a 19.4 meg irrigation license, extensive shedding plus a brick building once intended as a residence.

Held in the same family for the last 86 years, the property is offered to finalize a deceased estate. Located north of Birdwood the farm comprises of gently rolling countryside that has been extensively revegetated providing mature shelter belts for stock. Fenced into approximately 11 paddocks with dividing raceways, the pasture is about one third Phalaris with the balance rye and sub clovers. Fertilized annually with Neutrog Bounce Back since 2011 the last hay season yielded 70 large round bales of quality hay. Boundary fencing is in excellent condition, whilst some internal fencing is in need of attention.

Consistently carrying approx. 25 cows with calves over the last 6 years the potential return is solid with the sale of calves currently sitting around $1500 each. Add the tax benefits of primary production status, indexed rental income plus solar earnings and the property could prove to be a very profitable enterprise.

Outdoor enthusiasts will love the location which is bordered by the Cromer Conservation Park and opposite two forests. Its' a truly stunning region filled with natural beauty that provides a sense of wide open spaces without humanity to disturb it. Whilst currently set up for cattle it will suit many other uses including sheep grazing, horses or even a boutique vineyard given the water.

Water:

- Water is supplied from 5 major dams plus 2 smaller ponds.
- Located in the Western Mt Lofty Ranges. Existing water licence for 19.4 megalitres.
- 5 fully functioning rain water tanks.
- Large steel tank and large concrete tank but both require attention.
- Rainfall for the region averages around 800mm.

Other improvements:

- Extensive shedding that includes 3 large hay sheds, old dairy complex with yards, 9m x 6m shed, storage shed, 5 bay machinery shed and large implement shed.
- Incomplete house / weekender built in 1978.
- Single phase power is connected plus a solar system.

Income:

- Existing 20 year lease to the NBN network indexed at 2.5% over the term of the lease. First year return of $8,500 per annum. Site is roughly 4000 sqm.
- Additional income from the solar panels averaging about $1000 per year.
- Primary production status and potential return available for its various uses.
- Currently used for breeding and sale of beef cattle.

Location:

- Approximately 7kms North of the Birdwood township.
- 30 minutes to the Barossa Valley & the River Murray playground.
- 30 minutes to Gawler or Tea Tree Gully.
- 45 minutes to the Tollgate on Freeway.