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[BUSINESS] · Australia · 2 sources

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Karoonda broadacre farm listed for under $1 million

A 639-hectare (1,580-acre) mixed broadacre farm has been listed for sale in Karoonda, located in the Mallee region of South Australia. The property is being offered with a suggested selling price of $975,000, which equates to approximately $617 per acre.

The farm features 12 paddocks with good fencing, extensive shedding, a two-stand shearing shed with yards, and a solar power system. Water security is provided by an equipped submersible bore that supplies various tanks and troughs. The property also includes a three-bedroom home, though agents note the residence is in “need of work”.

Located on Barr Road, roughly 60km northeast of Tailem Bend, the property is being marketed by Elders Real Estate as an ideal starter or add-on farm. Best offers for the two-titled property are requested by Friday, September 11.

Entities

Elders Real Estate · Karoonda · South Australia