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For Sale

Cherry Orchard Farm Under Management near Adelaide CBD

Norton Summit, South Australia


  • For Sale
  • Norton Summit
  • South Australia
  • $880,000
  • Farming



Rare fully under management cherry orchard close to Adelaide CBD
Only 15km to Adelaide CBD Victoria Square
Price: $880,000

Sell at land value
An opportunity to build your dream house/facilities (subject to council approval).
The cherry orchard is fully under management (rental income $12,000) in a fertile valley. You can enjoy the beautiful view with lifestyle change.

Key information:
• Size: 6.37 Hectares (=15.7 acres=63,700 m2)
• Location: extremely close to the city, major facilities and famous schools.
• Schools: Magill Primary School (7.5km/10 minutes), Norwood Morialta High School (8.4km/12 minutes), St Peter’s Girls’ School (10.1km/14 minutes), Pembroke School (10.7km/16 minutes), Marryatville High School (12.2km/19 minutes), St Peter’s College (13.3km/25 minutes), Linden Park Primary School (14.1km/20 minutes), Prince Alfred College (14.5km/24 minutes), No 1 High School in SA-Glenunga International High School (15.1km/22 minutes), Wilderness School (17.3km/29 minutes)
• Current rental income is $12,000 per annum, if you manage the farm, the profit is much better.
• Major facilities: Burnside Village Shopping Centre (13.7km/20 minutes), Adelaide CBD Victoria Square (15.6km/25 minutes), you can enjoy rural lifestyle with city convenience.
• Council Area: Adelaide Hills
• Zone: W(PP) / Policy: 9 – Rural
• Water supply: 1 deep bore ( with pump) and 1 dam (ducks and yabbies in it)
• Water licence: 21,797,000 L (21ML)
• Rain water tank: 3 tanks plus 1 tank stand
• Cherry trees: 2,200 (approximately) fully irrigated, more than 10 varieties. This ensures the seasons is prolonged as each variety ripens at different times (November through to January)
• Various other fruit trees: 66 (Walnuts, chestnuts, lemons, mandarins, apples, figs, peaches, pears, plums, persimmon, prune, olive) plus 1 fertile vegetable garden
• Livestock: goats
• Fence: fully fenced
• Paddock: 1
• Three phase power
• Other improvements: 2 quality sheds (one used as bakery manufacture with 2 cool rooms) and 2 tool sheds
• Tenancy: bakery shed and vegetable garden are tenanted with written agreements
• Potential: to build one house on the title (subject to council approval) with beautiful view. The median price in this area is $832,000 with only small piece of land. You really buy the potential to build the house or tourist facilities, or just use as a hobby farm to wait for land value increase continuously. It is a wise investment way of anti-inflation.
• Plant & Equipment for operating the orchard are included
• Others: approximately 2 hectares at the back of the land are natural scrub, with wildlife of birds and koalas.
• Suitable for owner operator, investor who will further invest to build the house or other facilities, the land holder.

Inspections are strictly by appointment with the agent Yiling Tang

Floor Plan