A quality farming and grazing property which has been in the same family for the best part of 100 years in the Cowell/Cleve Hills has hit the market with interest likely to be strong.
Yalpoudnie Park has been listed for sale by Phil Arcus Real Estate of Kimba.
Situated 20 kilometres from Cowell and 25km from Cleve, Yalpoudnie Park is serviced by bitumen road to both towns.
The property, owned by the Schumann family for 94 years, is a large scale holding, all situated within a 20km radius of the main homestead.
To be offered as a whole or in six contingent lots by expressions of interest, closing December 6.
Yalpoudnie Park consists of red loamy soils complimented by a full set of quality improvements including three substantial fully liveable stone homes.
The Schumann family over the years have run a mixed farming business with a mix of Glenville, Calcookara and Morley Bloodline ewes joined to Merino and White Suffolk Rams.
This has consistently produced quality high yielding wools.
There is a quantity of hills grazing producing quality winter feed and protected lambing areas.
The country lends itself to a rotation of wheat, barley, canola, lupins and vetch which has been consistently used and continually is seen to improve the yields.
Fertiliser applied at 70kg/ha is sufficient to compliment these rotations.
Yalpoudnie Park is watered by a bore and mains to give the property certainty of supply going forward
Quality rural holdings on Eyre Peninsula are in short supply currently and the enquiry for recent property offerings either for lease or sale shows the strength of the agricultural businesses.
A number of forecasts for the grain, meat and wool industries, as well as the return on investment for leasing is increasing the value of quality holdings each year.
With a 2 tonne per hectare average of both wheat and barley and an approximate value of $1480 per arable hectare ($600/arable acre) makes Yalpuodnie Park an attractive business proposition and a property to inspect.