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For Sale

Rare fully under management cherry orchard with quality sheds and tenants in eastern suburb Adelaide

Norton Summit, South Australia

Summary


  • For Sale
    Status
  • Norton Summit
    Location
  • South Australia
    State
  • $880,000
    Price

Features


Description


Rare fully under management cherry orchard with quality sheds and tenants in eastern suburb Adelaide
Only 15km to Adelaide CBD Victoria Square

Price: $880,000

An opportunity to build your dream house/facilities (subject to council approval) with land value.

The cherry orchard is fully under management 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)
• 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: 2 deep bores (1 with pump) and 1 dam (ducks and yabbies in it)
• Water licence: 21,797,000 L (21ML)
• Rain water tank: 3
• Cherry trees: 2800 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 acres at the back of the land are natural scrub, with wildlife of birds and koalas.

Inspections are strictly by appointment with the agent.

Floor Plan