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136 Penfield Road

Virginia, SA 5120, Australia
$4m

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Area Price Guide
$3.76m$4.24m

Indicative price guide range

🏘️
44
Comparable
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$794,000
Area median
⚖️
+404%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

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About this property

136 Penfield Road is an exceptional horticulture offering located in the heart of South Australia's 'food bowl'. Constructed in 2022, the state-of-the-art improvements are purpose-built with additional room to expand. Properties established to this standard are extremely tightly held in the Virginia region. The property offers a very appealing opportunity for purchasers to acquire a hydroponic greenhouse facility with terrific access to key markets. Key features include: - Total area of approx. 4.05 hectares contained in one Certificate of Title. - 10,000sqm (approx.) greenhouse building with a full complement of climate control infrastructure and hydroponic production equipment for the growing of horticultural crops with an additional 9,500sqm (approx.) production area utilised for a less intensive in-ground growing system with over 7,500sqm covered. - Modern packing shed comprising fertigation, reverse osmosis and greenhouse heating infrastructure, plus separate office and staff area. - Potential to develop an additional 6,000sqm hydroponic greenhouse facility with capacity from the existing fertigation and heating infrastructure to service new development. - Water infrastructure assets include an irrigation bore (under construction), reverse osmosis system and storage dam. - Water entitlements comprise a 9ML underground licence for irrigation. - Mains gas connection with own meter. - A turnkey facility that will be offered with vacant possession. 136 Penfield Road is for sale by Expressions of Interest closing Wednesday 27 March 2024 at 4pm (ACDT). For further information or to arrange an inspection, please contact the agents. Inspections are strictly by appointment.

Property Features

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    Repayment calculator

    $19,392/month
    $9,696 /fortnight
    Loan $3,200,000 at 6.10% over 30 years

    Upfront costs

    Deposit$800,000
    Stamp duty$213,830
    Conveyancing (est.)$2,000
    Total upfront$1,015,830
    Verify with SA revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Listed
    2 months ago

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