- A South Australian cropping aggregation of over 2,500 hectares has been offered for sale by four local farming families
- The aggregation consists of five separate titles, with buyers invited to purchase in one line or individually
- Located within the Eyre Peninsula regions of Calca, Port Neill and Wanilla, the sites offer reliable annual rainfall and carbon farming potential
A 2,695-hectare cropping aggregation on South Australia’s Eyre Peninsula has been offered to the market with price expectations in excess of $12 million.
Four local farming families have banded together to create the landmark offering, comprised of five titles in the Calca, Port Neill and Wanilla districts.
The titles cover a mix of arable and grazing lands and the areas are renowned for cropping and livestock operations and a reliable annual rainfall.
A total of 1,770 hectares are arable, or suitable for crop growth, while the remaining land is utilised for livestock grazing.
Growing industry confidence to attract buyers
Located in the Calca region near Tyringa Beach, the Chilba lot is the smallest of the aggregation at 335 hectares, with 257 hectares comprised of arable land.
In Port Neill, the 784-hectare Coomaba lot features 665 hectares of arable land with balance shelterbelts and grazing land.
Adjoining the Coomaba lot is the 601-hectare Neversweat lot, which has 473 hectares of arable land.
In the Wanilla region, the 565-hectare Culmara lot is suited to cropping and grazing while the 409-hectare Koptucka lot consists of 257 hectares of arable land.
The landowners have appointed CBRE Agribusiness agents Phil Schell and Angus Bills to the sale campaign.
The aggregation is offered via Expressions of Interest by November 3 and prospective buyers have the option to purchase the lots in one line or individually.
Mr Schell said the agents expect to receive strong local interest thanks to industry confidence gained in the 2022 season.
“It’s been an outstanding season in the southern Eyre Peninsula, with excellent rainfall early in the year followed by above-average winter rains.”
Phil Schell, CBRE Agribusiness
“The aggregation is also bound to appeal to out-of-district buyers seeking scale and diversification and corporate interest,” he said.
Mr Bills said the sites have the potential for carbon farming in their future, noting that the properties are suited to carbon sequestration at a rate of up to eight tonnes per hectare, per annum.
“We’ve received interest from corporate groups seeking opportunities in this space which is adding another layer to the dynamics of farming in South Australia,” Mr Bills concluded.
