This article is from the Australian Property Journal archive
AN expansive grazing enterprise in the Adelaide Hills has been entered the market with price expectations of $25 to $30 million.
Spanning 1,158-hectares, Mount Beevor is located within the Mount Barker Council, sitting around 40 minutes from the Adelaide CBD, and comprising 21 certificates of title.
Phil Schell and Angus Bills from CBRE Agribusiness are managing the sale of the property via a two-stage expressions of interest campaign.
“Rarely do properties of this scale and quality come to market as one landholding in the Adelaide Hills, especially across 21 titles. The Adelaide Hills has been a hot property market of late and we’re sure this will appeal to families and eastern state groups,” said Schell.
The property has been rated for 11,670 dry sheep equivalents, with the current enterprise owners running 2,500 Merino ewes and 275 black angus cows. This livestock is also available by negotiation, in addition to various plant and equipment.
The property includes four homes, two four- to five-bedroom homesteads and two staff quarters.
The homesteads also include feature multiple family, living and dining rooms, multiple bathrooms and garage/undercover parking.
While improvements on the site include a shearing shed, machinery sheds, multiple dams, single-phase power and mains water supply on a restricted line.
“Mount Beevor benefits from an average annual rainfall of 605 millimetres and features rolling hills, views and creeks making it ideal for a change of scenery with the added benefit of a commercial grazing enterprise,” said Bills.
The expressions of interest campaign for Mount Beevor is scheduled to close on 30 November 2023.
