Located in Wattle Range and Coles.
A rare offering of 10 unique properties that are a mix of plantation and ex blue gum plantations, 6 harvested and ready for redevelopment, 4 leased creating an investment opportunity.
Situated in the Limestone Coast region and centrally located between Lucindale, Penola and Millicent. Adjacent to proven, reliable grazing land. Currently being grazed under licence, all lots are fenced and watered from one or more bores equipped. Many lots adjoin for larger holding options.
Lot 1 'Evans' 1,340.7ha (3,313 acres) Diagonal Rd, Coles.
Lot 2 'Tomich South' 556.9ha (1376.13 acres) Coles-Killanoola Rd, Coles; Licensed occupancy to 6/2023.
Lot 3 'Tomich Middle' 550.7ha (1360.81 acres) Coles-Killanoola Rd, Coles; Licensed occupancy to 6/2023.
Lot 4 'Tomich North' 721.8ha (1783.61 acres) Coles-Killanoola Rd, Coles; 3BR renovated home & outbuilding.
Lot 5 'Tomich East' 210.37ha (519.84 acres) Charcutt Road, Maaoupe; Leased to 06/25 $22,750pa.
Lot 6 'Perrin' 464.30ha (1,147.31 acres) Spence-Coles Road, Spence; Leased to 12/2029 $128,601pa.
Lot 7 'Collins' 259.7ha (641.73 acres) Diagonal Rd, Coles; Licensed occupancy to 6/2023.
Lot 8 'Callendale' 271ha (669.66 acres) Diagonal Rd, Coles; Licensed occupancy to 6/2023.
Lot 9 'Dolan' 393.30ha (971.87 acres) Cluain Lane, Fox; Leased to 12/2029 $125,195pa.
Lot 10 'Bowman' 99.62ha (246.17ac) Clay Wells Road, Furner; Leased to 12/2029 $36,163pa.
Conditions apply.
Detailed Information Memorandum available by contacting the selling agents.
For Sale by Registration of Interest closing 21st April 2022 by 12 noon (SA time)
10% deposit, Settlement 10th June 2022
Inspection strictly by appointment.
In conjunction with Nutrien Harcourts
Property Code: 813
The size of Coles is approximately 262.4 square kilometres. The population of Coles in 2016 was 39 people. By 2021 the population was 35 showing a population decline of 10.3% in the area during that time. The predominant age group in Coles is 50-59 years. Households in Coles are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Coles work in a managers occupation.In 2021, 62.60% of the homes in Coles were owner-occupied compared with 0.00% in 2016.
Coles has 67 properties. Over the last 5 years, Houses in Coles have seen a -40.43% decrease in median value. As at 30 November 2025:
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