8283 Clay Wells Rd
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About this property
Just minutes from Penola, this outstanding 125-acre rural holding offers the perfect setting to build your dream home while enjoying productive farming country. With excellent frontage to Clay Wells Road, the property opens into quality grazing and cropping land, complemented by scattered gum trees that create a beautiful balance of practicality and rural charm. The soils are heavy black loamhighly regarded for both cropping and strong grazing capacity. A standout improvement is the impressive 60m x 18m high-clearance shed, complete with 3-phase power, gravel flooring, approximately 5.5m clearance, and wide-opening doorsideal for machinery storage, workshop space, or agricultural operations. At the front of the property, approximately 13ha of vines are currently being removed, with works to be completed prior to settlement. Stock water is supplied via a windmill located centrally on the property. With multiple potential house sites and the ability to generate income from the land, this is a rare opportunity in a tightly held area. 50ML of water is available if required (by request). Offered at $1.5 million, this property is well worth your inspection. For further information or to arrange a viewing, contact Mark De Garis on 0428 372 124. Property Code: 1032
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Land Area
- 50.59 ha
- Listed
- 3 months ago
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Neighbourhood
Living in Penola
This house in Penola, SA 5277 sits within reach of and nearby schools. It is listed 436% above the $280,000 median of 37 comparable houseswithin 5 km.
Schools near Penola
- Mary MacKillop Memorial Schoolprimary · R-6 · CoEd
- Penola Primary Schoolprimary · R-6 · CoEd
- Penola High Schoolsecondary · 7-12 · CoEd
Penola at a glance
Full suburb profile- Population
- 1,622
- Median age
- 47
- Household income
- $1,369/wk
- Median rent
- $198/wk
- Median mortgage
- $1,050/mo
Source: ABS Census.
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Suburb market
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Penola price trend
Median sold · House 3 bed
Compound growth +15.3% / yr over 4 yrs
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1 price change recorded for this property
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