Known as Urara, this 435.8 hectare irrigation and grazing property has been owned by the Chalk family since 1957.
It is located in the reliable Willalooka district in the acclaimed upper South East of South Australia.
The property is approximately 5km south of Willalooka, with highway frontage, in a 500mm average annual rainfall area.
The property offers versatile warm grazing and irrigation and represents an outstanding opportunity when commodity prices, seasonal factors and interest rates are at positive levels, says selling agent Mike Lind.
Urara has an underground water supply for livestock and irrigation, is well fenced with a laneway, and is suitable for both sheep and cattle with steel swinging gates.
The property offers a huge 1484.7 ML water licence including delivery component with 100 ha of flood irrigation currently utilised with one cut of hay then shut up for lucerne seed production.
The property also offers 100 ha of dryland lucerne for seed and hay production and is fenced into 34 main paddocks with laneway, to the rear of the property.
Urara is gently undulating country with 80 percent flats with brown to grey sandy loams over clay and loose limestone with pastures of lucerne, clovers, phalaris, rye grass and natural grasses.
Quality bore water is pumped to a tank and then reticulates to a tank and concrete troughs in each paddock.
Improvements include a renovated three bedroom, two bathroom double brick Mount Gambier stone home in a park like setting with inground pool and tennis court.
There is also a renovated Wylie hut for extra accommodation, a three stand shearing shed with yards, a large 31m x 16m x 6m three sided hay shed, large machinery/hay shed, 12m x 7.5m fully enclosed machinery shed, tractor shed, chemical shed and a set of cattle yards with ramp.
The property of for sale by expressions of interest closing Wednesday July 14.
For further details contact Mike Lind, Elders Keith, on 0408 892 362.
