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  • Prized lifestyle property in Flinders Ranges to attract tourism development appeal

Prized lifestyle property in Flinders Ranges to attract tourism development appeal

Adelaide | 10 April 2018
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A 180ha lifestyle property in the heart of one of Australia’s most iconic Outback regions, the South Australian Flinders Ranges, is to be offered for sale. 

The Rasheed family – 60-year pioneers of Wilpena Pound and the Flinders Ranges - has appointed CBRE Agribusiness to market Rasheed’s Run – a lifestyle property located approximately 30km from Hawker township and 400km from Adelaide.

Originally part of the iconic Arkaba Station and adjacent to the world renowned Wilpena Pound – a towering mountain range in the heart of the Flinders Ranges National Park – the property provides outstanding views of rolling hills with native pine and ancient river red gums.  

The main homestead – a modern, quality three-bedroom home built in a traditional Outback style – offers a stunning 360 degree outlook of the renowned Wilpena Pound, the Elder Range and the Chace Range.
 
The property also benefits from a 100,000L rainwater supply, mains power, and a windmill-equipped bore supplying water for native animals and birdlife. 

CBRE’s Phil Schell said the prized property offered a unique opportunity to acquire a footprint in one of Australia’s most stunning Outback locations. 

“Rarely does a property of this scale in such a stunning location come to the market,” Mr Schell said. 

“Spanning 180ha across one of Australia’s most dramatic landscapes, this hideaway property would suit investors or syndicate of buyers looking to capitalise on its tourism potential. Likewise, it is also likely to catch the attention of those that love the Australian Outback and Flinders Ranges.” 

The property will be offered for sale via Expressions of Interest. 

 
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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 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 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.

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