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1575 Kringin Road

Karte, SA 5304, Australia
$2.50m

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$2.35m$2.65m

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🗓️
2 months ago
Listed

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About this property

Cash in on a Lucrative Industry Thanks for taking a look - you're either looking to diversify into a non-traditional farming venture - or you already know the benefits of olives. It's been reported that 58,000 Olive trees were planted in 2003 & 2006, with some losses - but a good portion still alive. The trees have not been managed since 2011 with no irrigation, fertilising, or pruning occurring in this time. 2024 Harvest saw the vendors produce approx 30,000 Litres of Oil - with many trees not harvested. The olive oil sector is experiencing its best returns in years, with wholesale prices exceeding $15 per litre. This creates an unprecedented opportunity for the astute farmer or investor. Even with 30,000L in 2024 with no input @ $15/Litre today - this could be a very lucrative paycheck. No doubt the farm requires improvement - such as replacing drippers and undertaking pruning - to bring the grove up to full productive capacity. But when you consider the cost of establishing a new Grove, and the 7 years you need to wait for full production - Karte Olives is a clear no-brainer! With global demand and pricing for olive oil at record highs, Karte Olives is a ready-made platform to secure strong future income alongside mixed farming versatility. I've got a fair bit of detail on this property and a whole lot more photos - please register your details below - and well have them sent to you as soon as possible. Regards, Nigel Christie Urban & Rural Partners. PS - Check the video for my discussion with Local area and national Olive Harvesting expert - Ian Mead for his insight into this property and the opportunity that exists. PPS - There's approx 160Ha planted to Olive Trees, Approx 310Ha cleared land for cropping, grazing, other irrigation. Balance of land is native vegetation. PPPS - Water is via 2 Irrigation Bores with vendor prepared to lease ample water on an annual basis.

Property Features

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    Repayment calculator

    $12,120/month
    $6,060 /fortnight
    Loan $2,000,000 at 6.10% over 30 years

    Upfront costs

    Deposit$500,000
    Stamp duty$131,330
    Conveyancing (est.)$2,000
    Total upfront$633,330
    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
    rural
    Listing Type
    For Sale
    Listed
    2 months ago

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