661 Karte West RoadKarte SA 5304
Property Details for 661 Karte West Rd, Karte
Last Listing description (June 2023)
PRELIMINARY NOTICE
CBRE Agribusiness is pleased to present Karte Olives and Viva Olives for sale (the Offering), a vertically integrated Table Olive and Extra Virgin Olive Oil (EVOO) business with two main landholdings located in Karte and Loxton, South Australia.
Comprising a total land area of 1,704.26* hectares, the orchard was established in 2001 and comprises 320* hectares planted to varieties including Manzanilla, Frantoio, Kalamata, Barnea, and Picqual.
The properties and associated business and assets are to be to be sold on a Walk-In Walk-out (WIWO) basis in one line or as separate land parcels.
KARTE OLIVES - Karte
Karte Operation 661 Karte West Road, Karte SA 5304
Water Licence No. 8013-2 comprising 1,700* megalitres of Mallee Prescribed Wells Area (Green Zone)
Located 38* kilometres northeast of Lameroo, 102* kilometres south of Loxton and 164* kilometres east of Murray Bridge
Average annual rainfall of 320* millimetres
Adjoining Farm Certificate of Title Volume 6185 Folio 637 S.11
Total land area of 927.6* hectares
Multiple site uses including irrigated crops, broad acre cropping and grazing land with the site previously being utilised for potato production
3 10inch irrigation bores
Single-phase power
Improvements include a manager's home, three separate homes suitable for staff accommodation, and two large machinery and storage sheds, including a lockable workshop.
Olive Grove Certificate of Title Volume 6185 Folio 638 S.13
Total land area of 771.8* hectares including a 320 hectare Olive Grove planted at a density of 250 trees per hectare
Varieties planted include Manzanilla (42,000 trees), Frantoio (28,000 trees), Kalamata (10,000 trees), Barnea (500 trees), and Picqual (500 trees).
The grove is fully irrigated and supplied by 3 diesel powered 8 inch line shaft turbine pumping systems with computer controlled underground delivery to a combination of micro sprinkler and dripper outlets
Tractors, plant and equipment to support the olive operation
The orchard produced 1,000* tonnes in 2020, 1,900* tonnes in 2021 and 1,000* tonnes in 2022
VIVA OLIVES, Loxton
Lot 101 Starcevich Road, Loxton SA 5333
Total land area of 2.196* hectares with access via Starcevich Road
Improvements include various warehouses with office/showroom including full olive processing plant capable of transforming raw olives into fully processed and packaged Table Olives and Extra Virgin Olive Oil, two cool-rooms with 422,000 litre olive oil storage capacity and dry storage.
Viva Olives business, Logos, coprywrites and intellectual property
Surplus vacant land
Lot 102 Mcfarlane Avenue, Loxton SA 5333
Total land area of 2.665* hectares
Development opportunity available suited to industrial, zoned Strategic Employment
374* metre frontage to Mcfarlane Avenue and 50 metre frontage to Starcevich Road
Common boundary with Lot 101 Starcevich Road
FOR SALE BY EXPRESSION OF INTEREST. For further information, please contact the agents:
Phil Schell
0418 809 849
Angus Bills
0400 859 634
Property History for 661 Karte West Rd, Karte, SA 5304
- 02 Jun 2023Sold for $2,000,000
- 14 Oct 2022Listed for Sale Contact Agent
- 02 Dec 2016Sold for $475,000
About Karte 5304
The size of Karte is approximately 392.0 square kilometres. There are 3 parks, covering nearly 7.7% of the total area. The population of Karte in 2016 was 27 people. By 2021 the population was 32 showing a population growth of 18.5% in the area during that time. The predominant age group in Karte is 70-79 years. Households in Karte are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Karte work in a managers occupation.In 2021, 112.50% of the homes in Karte were owner-occupied compared with 33.30% in 2016.
Karte has 46 properties. Over the last 5 years, Houses in Karte have seen a -7.97% decrease in median value. As at 30 June 2026:
- The median value for Houses in Karte is $228,127.
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