Press Release

Mount Beevor, a large-scale Adelaide Hills enterprise listed for sale

South Australia

October 18, 2023

Media Contact

Imogen Braddock

Senior Communications Specialist, Australia

Photo of imogen-braddock

Mount Beevor, a 1,158ha grazing enterprise in the Adelaide Hills has been listed for sale with a price expectation of $25-$30 million. 

 

Mount Beevor originates from Captain Beevor, the first European settler to the district in 1839, and has been held by the Downer family since 1949.

 

Located within the Mount Barker Council, 40 minutes from the Adelaide CBD, Mount Beevor comprises 21 certificates of title which allow the flexibility to split the property if desired. 

 

The property has been rated for 11,670 dry sheep equivalents, the current owners run 2,500 Merino ewes and 275 black angus cows which are available by negotiation as well as various plant and equipment.

 

CBRE Agribusiness’s Phil Schell and Angus Bills are managing the sale via a two-stage Expression of Interest campaign closing November 30, 2023.

 

Mount Beevor features four homes, two homesteads and two staff quarters. The two homesteads are four-five bedrooms and feature various family, living and dining rooms, multiple bathrooms and garage/undercover parking. Further property improvements include a shearing shed, machinery sheds, multiple dams, single-phase power and mains water supply on a restricted line.

 

“Rarely do properties of this scale and quality come to market as one landholding in the Adelaide Hills, especially across 21 titles. The Adelaide Hills has been a hot property market of late and we’re sure this will appeal to families and eastern state groups,” Mr Schell said. 

 

Mr Bills added, “Mount Beevor benefits from an average annual rainfall of 605 milimetres and features rolling hills, views and creeks making it ideal for a change of scenery with the added benefit of a commercial grazing enterprise.” 

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of 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.