*** Change of Closing Date ****
Now Registrations of Interest closing 5pm on Monday 9th November, 2020.
Arguably the best value reliable grazing land in Australia! 1661.22ha (4104.9acres) including 153ha of Heritage, 9 titles. Available as a whole, OR in two contingent lots.
Home Farm approx. 1,298ha (3,208ac)
Cowells approx. 362ha (896ac)
Very rarely does a farming/grazing operation become available to the market when it is in 1st class condition & not in need of an immediate cash injection. Pine Lagoon is just such a property.
Pine Lagoon has been designed & improved over recent years with a focus on ease of management, efficient grazing & little, or no, supplementary feeding. Evidence of the management plan includes a two year fencing program to set up an easy cell grazing operation & a prime lamb breeding enterprise that is self replacing, while still allowing the flexibility for opportunity purchases of fattening stock. A large central laneway connects the property to the well located working yards and a 7 stand raised board shearing shed.
An option to purchase the existing livestock is available to the successful purchaser. Currently carrying 4,660 ewes plus 6,610 lambs at foot, 295 dry ewes, 910 wethers and 85 rams.
Reliable 500mm+ local rainfall average has provided profitable production in recent drier seasons. Water security has been achieved for Pine Lagoon with investments in the main dam catchment & reticulated water plumbed to all main areas, driven by a Telemetry monitored pumping system.
The 'A grade' improvements on the property include the substantial 4 bedroom stone homestead. 'Contemporary Country' is the best description for the modern improvements throughout the home and, like the farm itself, the expensive work is already done. This includes the garden & unique outdoor entertaining areas where only the finishing touches, to your own taste, are needed.
Recent dry conditions across much of agricultural Australia have highlighted the reliable & productive nature of properties such as Pine Lagoon. The very attractive relative values on Kangaroo Island suggests that there will be Australia wide interest from farmers and graziers with growth aspirations to purchase a highly productive holding.
For a full Information Memorandum please contact the sole selling agents Nutrien Harcourts.
Property ID: #LHL2668
