Versatile Rural Land Investment | Agriculture/Horticulture, Lifestyle, Landbank

81 Wasley Road, Korunye, 5502

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Contact for PriceFor Sale
  • Ownership Type Mixed Farming
  • Property Area 360,200 sqft
  • Bedrooms 4
  • Bathrooms 2
  • Furnished No
  • Last Updated 9th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Shed
  • Swimming Pool - Inground

Property Overview

81 Wasley Road, Korunye is located on the Adelaide Plains approximately 48 kilometres north of the Adelaide CBD and 5 kilometres north of Two Wells by road.

The property comprises a land area of 36.02 hectares or 89 acres (approx.) and is situated within the Primary Production zone of the Adelaide Plains Council.

The Adelaide Plains is regarded as Adelaide’s “food bowl”, with quality soil types being traditionally sought after for both market gardening and broad acre cropping.

An important feature of the property is that it is strategically located within the supply area for recycled water from the Northern Adelaide Irrigation Scheme, presenting the opportunity to tap into a range of horticultural land uses and the additional benefit of being able to subdivide the land into two to four parcels for irrigated horticulture production (subject to necessary consents and approvals).

In addition to food production, the area is also attractive to buyers seeking rural living opportunities. In line with Adelaide’s north - south growth patterns, this area is one of the fastest growing in South Australia, with both Walker Corporation and Hickinbotham involved in large residential developments at nearby Two Wells and Buckland Park.

Improvements on the land include a four bedroom residence in need of some renovations to the dated and incomplete areas, in-ground pool and extensive farm shedding. Mains water, electricity and telephone are all connected to the property.

In recent years the owners have used the property for sheep grazing and broadacre cropping under a share-farming arrangement with a local farmer.

With its lifestyle attributes, existing farming capacity and potential horticultural opportunities, 81 Wasley Road is a versatile rural landholding located in fast developing region that is within easy commuting distance to Adelaide.

For Sale by Expressions of Interest, closing Friday 7 May 2021 at 4pm (ACST).

For further information or to arrange an inspection, please contact the agents.

Location on Google Map

81 Wasley Road, Korunye, 5502

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