Press Release

Waterfront landholding on the Yorke Peninsula for sale

South Australia

October 26, 2023

Media Contact

Tina Liptai

Senior Communications Specialist, Australia

Photo of tina-liptai

Fairview, a 40ha landholding on the Yorke Peninsula has been listed for sale by the Daniell family, as part of the family's subdivision of their portfolio.  

  

The property is located 220km from the Adelaide CBD at 545 Hickeys Drive, Coobowie, Port Giles, and is currently utilised for cropping and grazing purposes.

  

Improvements include a four-bedroom home, a machinery shed, a workshop, a shearing shed with adjoining sheep yards and sundry shedding. The property features single-phase power and mains water with an additional 180,000 litres of rainwater storage.

  

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

  

“Fairview directly adjoins both the Viterra’s Port Giles facility and the deep seaport, which will dramatically reduce transport costs for the incoming purchaser. The block is the perfect add-on for a local producer seeking expansion opportunities,” Mr Schell said

  

“The Yorke Peninsula has benefitted from a strong uplift in land values over the past five years," Mr Bills added. "Being 2.5hrs from the Adelaide CBD, we’re expecting interest from CBD-based investors seeking to capitalise on the waterfront location overlooking the St Vincent Gulf or investing in further development grain handling facilities due to the location of surrounding facilities.” 

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 clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.