60 Swamp Road, Uraidla, SA 5142

Exceptionally well located, a universally recognised premium location just 15
- 20 mins from Adelaide. The property offers a significant bore with an incredible output, combined with a quality supply. So much so that the 60 mg/l (60,000 kls) Water Allocation provides water to most residential houses (and commercial) in the Uraidla township
- utilising approximately 15 mg/l of water. The farm currently uses 15 mg/l
- so there is plenty of capacity for farm operational expansion. Approx 3 million dollars has been spent on the farm, which was purchased in 2015, capital works essentially completed in 2022. This has involved:
- A total installation and revamp of the irrigation system/s in and about the farm. (all new)
- A total repair and in some cases a relaying/ reconstruction of water infrastructure in and about the Uraidla township.
- Complete new roof structure over the commercial growing sheds, gross area approx. 5,000m2.
- Solar Power
- Installed late January 2024 Total Generating Capacity 29.9 kw PV Panels
- 63 panels Tong Wei Solar (Hefei) Co Ltd. TVV415 MAP
- 108-11 (Total 26.15kw) 1 x Sungrow Power Supply Co Ltd SG30C X (AS4777-2 2020) (Total 29.9kw) Approval Reference No EG1312103 for embedded generation application.
- Significant capital spent on the electrical and irrigation Extensive electrical upgrades New control systems Fully functioning integrated irrigation system
- So much so
- the infrastructure assets, as above explained have the output capacity to double the current operation.
- Refrigeration units/costings $80,000+ two of which are in the big shed walk in freezer 2.2m x 2.7m, huge refrigerator 9m x 9m plus the big refrigerator in the packing shed 8m x 5m, furthermore the retail refrigeration unit out on the front property landing.
- The tunnels
- of which there are 10 long raspberry tunnels, 5 long strawberry tunnels plus 6 shorter tunnels. All in all including original grower infrastructure approximately 2.7 ha.
- The large tunnels (one tunnel) measures 90m x 8.5m
- smaller tunnels averaging 30m x 8.5 m. Notably there are enough tunnel spare tables and posts to create 1ha of strawberry production, currently 1/2 ha
- therefore can be expanded by another 1/2ha
- total 1ha. The Raspberries 2.78ha total (2.28ha + 0.5ha in growing shed) offer approximately 20,000 plants. These are Commercially viable for 3 years (however commercial life can be extended with pruning). The current vendors are replacing 1/3 of the crop every year (in the 3yr rotation). Commercial production is 6 months
- November to May. The Strawberries approximately 41,000 Plants. (0.55ha) Production November to May, 2 years of production of which half of the crop is replaced each year, in rotation. There are seven tangible income streams all demonstrating solid operational projectory in terms of income and future profitability. Summary The purchase price of 5.2 million dollars +, embraces the inherent land value and the capital improvements thereon (majority of which is new), the extensive list of Plant & Equipment, plus the raspberry and the strawberry plants. Furthermore, the infrastructure of the water supply to all the residential homes and businesses of Uraidla, should also be acknowledged as being owned by this property. All of the hard work has been done, it follows that capital income growth is now also patently clear. It also follows that income growth in the immediate years will be significantly higher. Furthermore, the potential to expand the current commercial activities (or other viticultural activities) are significant, with
-
- Many spares to accommodate expansion (as stated in this information memorandum.)
- The electrical/irrigation system can also accommodate further expansion.
- Only approximately half of the land area has been developed.
- The water licence has significant spare capacity. The existing use status of Primary Production/Productive Rural landscape, (existing uses) all underwrite the inherent value of this valuable enterprise. The famed Piccadilly Valley (also embracing Uraidla/Summertown) is now a very strong visitor destination, not only just locally (also Nationally and Internationally) further growth in this sector is assured with the unique location being just 15 to 20 minutes from the CBD of Adelaide. The underground/water supply, in this valley, is plentiful and is known to have equally the best quality water in mainland Australia, hence quality of fruit. This property has had only two owners in the last 100 yrs, a fact which once again serves a sound financial future together with correspondingly definitive multi-income cash flows, providing strong yields on investment capital. The future is sound and secure, a truly premium multi-lateral income investment
- you are very much part of a region set to double its visitor numbers at the end of this decade, according to the South Australian Tourism Commission. Conclusion Information interfaced with the Property Overview brochure certainly supports the view that intending purchasers who possess the necessary vision to understand and see this property is a standout, a rarity and unquestionably a premium, will prosper! Initiatives and visions (once implemented) with the inherent infrastructures in place, together with availability of much further space/land areas; all underwritten by a significant water/allocation licence, will quite frankly rival any other Adelaide Hills Tourist Destination, just 15 to 20 minutes from the CBD of Adelaide.