229 Morgan Road
Cobdogla, SA 5346

Overview

Exceptional Lifestyle and Secure Income Opportunity!

This expansive property spans approximately 17.19 hectares (42.47 acres), offering an exceptional lifestyle opportunity that combines family living with established viticulture income. The land is perfectly suited for both residential and agricultural purposes, particularly viticulture, with 35 acres of premium grape plantings including Chardonnay, Colombard, Gordo, Shiraz, and Cabernet Sauvignon varieties.

• 2.87 hectares of Chardonnay
• 0.70 hectares of Colombard
• 3.2 hectares of Gordo
• 3.64 hectares of Shiraz
• 3.63 hectares of Cabernet Sauvignon

The entire vineyard is contracted to CCW under a secure 15-year rolling contract, with vines leased until 30 June 2026, providing a reliable and secure income stream. The property features a fully automated drip irrigation system equipped with a variable speed pump and four-pod auto-flush filters, ensuring efficient water management. Additionally, a fertiliser tank and pump facilitate effortless vineyard maintenance. Included are 170 Megalitres per year of CIT water delivery rights, supporting the vineyard's irrigation needs.

Supporting infrastructure includes a 5-bay enclosed shed with three-phase power and a 25kW solar system, as well as a 7-bay open implement shed for additional storage. These facilities provide ample space for equipment and operational needs.

The residence is a large, family-friendly home constructed in 1999, showcasing charming cottage-style bricks and quoinwork detailing. The interior features an open-plan kitchen, dining, and lounge area with tiled floors and ceiling fans, creating a comfortable and inviting living space. The timber kitchen is equipped with a ceramic cooktop, wall oven, and a walk-in pantry, catering to culinary needs.

A spacious family or rumpus room with a ceiling fan offers a versatile area ideal for children or entertaining guests. The home comprises four generous bedrooms, each with built-in robes and ceiling fans. The master suite includes a walk-in robe and an ensuite bathroom, providing privacy and convenience. There is also a study or potential fifth bedroom featuring built-in desk and cabinetry, accommodating various family requirements.

The main family bathroom includes a separate bath and shower, complemented by a separate toilet. Outdoor living is enhanced by a stunning entertaining area equipped with ceiling fans, shadecloth roller blinds, and a slow-combustion heater, perfect for year-round enjoyment. A large undercover swim-spa or jacuzzi with an insulated ceiling further adds to the property's leisure amenities.

Vehicle accommodation is abundant with a double garage under the main roof featuring two electric roller doors and internal access. The property is well-serviced with five rainwater tanks ensuring a reliable water supply. The fully fenced yard is ideal for pets or children, providing a safe and secure environment. Comfort is maintained throughout the home with ducted reverse-cycle air conditioning.

Currently, the property is tenanted at $585 per week, with the lease expiring on 25 July 2026, offering an immediate income opportunity for investors. This unique property presents an exceptional lifestyle combining comfortable family living with a secure and established viticulture business.

Additional property particulars include its rural classification, a land size of 17.19 hectares, and a building size of approximately 260 square meters. The property was built in 1999, and council rates are approximately $2,542 per annum.

Disclaimer: While every effort has been made to ensure the accuracy of the information provided, prospective buyers are advised to conduct their own inquiries to verify details. No responsibility is accepted for any errors or omissions. Buyers should independently confirm property boundaries prior to any contractual agreement.

Location