CBRE Agribusiness is pleased to present for sale Plana, a productive livestock property located in the Penola district, a tightly held area within the South East region of South Australia. Plana has been in the Hall Family for the past 65 years and features three contiguous properties known as “Hinze’s”, “Home” and “East”. For sale in one line or as separate assets, contingent upon the sale of the other.

Key features of the opportunity include:

+ Plana spans 392* hectares across three freehold certificates of title and currently supports 100 cows and 300 weaner cattle.

+ Estimated dry sheep equivalent (DSE) rating of 10DSE per hectare equating to 4000* sheep.

+ Hinze’s (186* hectares), Home (122* hectares) and East (84* hectares).

+ The Properties are situated 10km* south of Bool Lagoon, 22km* north west of Penola and 40km* south of Naracoorte.

+ Reliable rainfall area with an average annual rainfall of 568mm* (Bureau of Meteorology – Coonawarra).

+ Fertile soils including a mix of gradational black clay loams and small sections of sand over clay. Pastures comprise sub-clovers, phalaris and rye grass.

+ The property includes a four-bedroom family homestead with an independent self-contained unit under the main roof.

+ Other improvements include hay and machinery shed, dairy (not in use), steel cattle yards with loading ramp, sundry shedding and available three-phase power on site.

FOR SALE BY EXPRESSION OF INTEREST CLOSING THURSDAY 31 OCTOBER 2019 AT 4.00PM (ACDT)

FOR FURTHER INFORMATION PLEASE CONTACT:

Angus Bills
+61 400 859 6...
angus.bills@cbre.com.au


*denotes approximately