Large scale horticulture development opportunity

538 Devlins Pound Road, Pooginook, 5330

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2,000,000 AUDEst. Mortgage: AUD 14,053/monthFor Sale
  • Ownership Type Cropping
  • Property Area 12,140,569 sqft
  • Bedrooms Shared
  • Bathrooms 0
  • Furnished No
  • Last Updated 9th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

The Portfolio comprises a total of over 3000 acres on 2 allotments offering the potential purchaser an opportunity to convert existing cropping and grazing land to create infrastructure to support intensive horticultural development by utilising direct access to the River Murray (subject to all necessary consents and approvals). Land holdings of this size in the Riverland region rarely present to market.

Allotment 1, Hundred of Pooginook - 1005ha freehold (approx 2483 acres) with approximately 2000 acres cleared and main road frontage to both Devlins Pound Road and Goyder Highway (road train rated). Also offering shelter belts for livestock and approx 500 acres of scrub and grazing land. Included is a basic 3 bedroom 1 bathroom home ideal for worker accommodation plus 3 sheds. Stock and domestic water is fed via Allotment 18 direct from the river.

Allotment 18, Hundred of Pooginook - 235ha freehold (approx 580 acres) with direct access to the riverfront and backwater lagoon. Solar powered pump at the riverfront provides livestock and domestic water for this allotment and Allotment 1 across Devlins Pound road. This allotment also offers a unique lifestyle opportunity with over 760m of river frontage and direct access to Yarra lagoon, a permanent waterway, making this a great location for a premier homestead.

Location on Google Map

538 Devlins Pound Road, Pooginook, 5330

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