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71 Joys Road

Binnum, SA 5262, Australia
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About this property

Rarely does an opportunity arise which boasts the production flexibility and scale that Karatta and Cadgee provide. Located in one of the most ideal locations in South Australia's southeast. Karatta and Cadgee are situated in an area of secure rainfall with the bonus of highly desirable zone 5A water licenses for irrigation. Providing (approx. 966.836 megalitres). The irrigation will compliment dry land cropping, allowing year round production of broadacre crops like wheat, barley, canola, beans, lucerne with other high value crops such as potatoes & onions presenting ideal cash flow opportunities. Nearby livestock market & abattoirs at both Naracoorte & Bordertown provide local avenues for marketing finished livestock such as prime lambs and cattle. Karatta and Cadgee benefit from a major soil and pasture improvement program in past years. With clay delving & spreading across most of the cropping ground including a comprehensive fertilizer program over annual crops and pasture paddocks, along with 2-3 applications of lime across all cropping and grazing paddocks. A significant capital improvement program upgrading fencing & livestock handling equipment such as new cattle yards, covered sheep yards and new & upgraded centre pivots & associated equipment allow for the new owners to step into a property knowing that all the hard work is done, yet still allowing for new custodians to bring their own program of production improvement & upgrades as circumstances allow. An ideal opportunity for you to make these properties a statement show piece. Inspection is highly recommended.

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    Repayment calculator

    $6,060/month
    $3,030 /fortnight
    Loan $1,000,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$250,000
    Stamp duty$62,580
    Conveyancing (est.)$2,000
    Total upfront$314,580
    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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