It’s happened before and it will happen again; iconic properties come up for sale as families work out how they will succession plan and look towards the future.
And then sometimes it’s time to move on to something different.
Iconic Mintaro property Kadlunga has been listed for sale through Elders Real Estate Roseworthy.
Kadlunga was previously owned by Hon Mr A.J. Melrose from 1916 – he was the grandfather of the current owner, Hamish Gosse
Elders Real Estate Roseworthy listing agent Ian Jaensch said it wasn’t the first iconic property to come on the market – and it won’t be the last.
Mr Jaensch said properties such as Collinsville and Bungaree have been offered in the past 10 to 15 years – Kadlunga offered another rare opportunity to purchase a piece of South Australia’s history.
The property sits on 22 freehold titles, with a stately historic homestead and multiple road access on about 2367.73 hectares (5850.6 acres).
“We have had local, interstate and overseas interest in this property; we have had the whole cross section of inquiries at this stage,” Mr Jaensch said.
Kadlunga (or ‘many little waters’) has three rivers which pass through the property: Broughton, Wakefield and Hutt. There are 36 dams, 15 bores and wells, and two water licenses, with an annual average rainfall of 600-650mm.
Mr Jaensch said this was a rare opportunity for a property of such grand style that was located close to Adelaide, right in the heart of the Clare Valley, which had a good guaranteed supply of water and additions including grapevines.
“I do not think there is anything like this (for sale) north of Adelaide, it’s such an iconic and standout property.”
Mr Jaensch said despite great interest for the property, it was a matter of the right people, who could afford it and it suited, coming along to purchase it.
“It won’t sell over night, but we are getting the high level of inquiries,” Mr Jaensch said.
I do not think there is anything like this (for sale) north of Adelaide
- Elders' Ian Jaensch