An ideal add-on cropping land parcel near Port Lincoln in South Australia’s Eyre Peninsula is on the market.
Located on Charlton Gully Road in North Shields, 70ha (172 acres) is available in a single paddock that is well suited to continuous cropping and has grown cereals, oilseeds and vetch crops.
The property, 25km north of Port Lincoln, is underpinned by red and grey loam soil over clay, with a light gravel influence, and the planned 2020 crop of canola can be negotiated by the purchaser.
The lower Eyre Peninsula is a well-known cropping area, with the property receiving an annual rainfall of 420mm.
Improvements include good fencing with a main boundary constructed of timber posts including ring lock and barbed-wire, with one bore on site, not equipped.
Phil Schell and Angus Bills from CBRE Agribusiness are managing the sale, by a private treaty sales campaign. Vendor price expectation is offered by contacting the agents.
“This land parcel would suit local district producers seeking farm build-up or a potential sale and leaseback for an investor,” Mr Schell said.
Mr Bills added: “Many buyers are relocating to the lower Eyre Peninsula due to its reliable cropping performance, looking to capitalise on the reliable rainfall and quality of the soils.
“North Shields offers great views over Port Lincoln, which is well known for its fishing and seafood industries and tourism, with amenities including schools and healthcare services.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
