Sold
469 Bark Hut Road, Cassini SA 5223
$2,460,000
- 0 Bed
- 0 Bath
- 0 Car
- 7826000m²
Rural Property Sold on Fri 31 Jan, 2020
Rural Property description
“"Bark Hut"”
A unique piece of Kangaroo Island land has become available to purchase by Auction on October 10th. Bark Hut will have a wide appeal due to the flexibility of use that the property offers. Bark Hut is a significant and scalable Grazing opportunity in the tightly held & reliable Kangaroo Island market. Consisting of 2 freehold titles totalling 782.6Ha (1,934 acres) the land ranges from fertile grey loam cropping flats through to spectacular, north facing hills grazing land.
Bark Hut has extensive 3km dual frontage to the beautiful Cygnet river and Camelback Creek and is serviced by 20 dams, strategically located to service 24 paddocks. Rainfall is a reliable average 550mm, providing a secure, reliable livestock breeding and fattening property close to the many services available in Kingscote and Parndana, including the recently upgraded Kingscote Airport. There is also a paddock on Bark Hut that has been used as an airstrip for light aircraft.
The 4br homestead is solid, comfortable and easily located on the recently upgraded Bark Hut Road.
Other improvements include a 3 stand shearing shed, steel sheep yards and small cattle yards. A good quality implement shed measuring 36m x 12m x 5.5m is adjacent the shearing shed.
Fencing has been progressively upgraded over recent years to a good standard. Bark Hut is currently running 2100 composite ewes and has 265 acres under crop.
Recent dry conditions for much of agricultural Australia have highlighted the reliable and productive nature of property's such as Bark Hut and with attractive relative values when compared to other grazing enterprises, Bark Hut is expected to receive wide interest from local Kangaroo Island graziers & those with strategic family farm growth aspirations from the mainland.
The properties ideal location and natural beauty also lends itself to investment from outside of agriculture to capitalise on the extraordinary growth in the Kangaroo Island tourist sector.
To receive an information memorandum on Bark Hut, or a confidential discussion regarding the sale, please speak directly to the selling agents Landmark Harcourts.
Leo Redden 0408 806 021
Simon Mcintyre 0407 843 202
Auction: 10th October 2019 at Ozone Hotel, Kingscote
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Leo Redden
Nutrien Harcourts - Adelaide
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