Two of the largest landholdings in the Barossa region, established for well over 150 years, are to be sold in portions, with the agents describing the parcels that remain available for purchase as 'the most productive, high-rainfall sections of the properties'.
Karinya Station and Red Creek, two historic sheep properties located near Keyneton in South Australia, were put to market via an expression of interest campaign in September by Colliers International.
The properties have been run as a single operation for 30 years.
Red Creek in its entirety comprised 2549 hectares and Karinya Station 2047 hectares.
Colliers International has so far negotiated the sale of approximately half of the total landholding.
Selling agent, Jesse Manuel, said the uniqueness and scale of the properties have so far attracted a diverse pool of buyers.
"The properties feature two very distinct land types," he said.
"We deliberately encouraged interest in the properties as a whole or in parts, which allowed buyers to bid with confidence on the parcels of land that suited them best.
"We have reached offer and acceptance on the majority of the eastern rangeland country.
"This means we are now offering the higher rainfall parts of the properties which are located closer to the Barossa, and include all the buildings and infrastructure.
"These two exceptional parcels comprise the remaining 947 hectares of Karinya Station, including the beautiful homestead, a second residence, shearing shed and outbuildings; and the remaining 1275 hectares of Red Creek, including the sheep and cattle yards.
"They are offered for sale individually by private treaty."
Red Creek, (established by Joseph Keynes in 1842), and Karinya Station (established in 1919 by Col. E.T. Dean) showcase the spectacular landscape of the district.
From gently undulating gum-studded, arable land, to open grazing hills with steeper slopes, the rugged eastern escarpments are dissected by timbered, seasonal watercourses and scenic gorges reminiscent of the southern Flinders Ranges.
Adjacent to the Henschke winery, Red Creek has been owned and operated by the Keynes family for five generations and is renowned for producing high quality Merino wool, excellent crossbred lambs and Angus beef cattle.
Red Creek is noted for its highly productive pastures and quality infrastructure, including modern steel sheep and cattle yards, which are included in the sale.
"This is a rare opportunity to purchase improved land of significant scale in the eastern Barossa Ranges," Mr Manuel said.
"The two parcels feature an excellent balance of native grasses and improved pastures, multiple catchment dams, natural springs, and mains water for additional water security."
The centrepiece of Karinya Station is the elegant hundred-year-old homestead, featuring extensively renovated internal and external living areas, established lawns and a swimming pool.
The second residence on Karinya Station would be ideal for extended family, farm stay or a station manager.
"It's beautiful country. Given the smaller area of land that the homestead now sits on, we expect renewed interest from lifestyle buyers or city-based investors," director of Colliers International, Tim Altschwager said.
