Adelaide

Angas Plains cropping site listed for sale

A 127ha dryland cropping site in Angas Plains within the Alexandria Council region south-east of Adelaide has been listed for sale by CMV Farms.

April 14, 2022

Media Contact

Kathryn House

Communications Director, Pacific

Photo of kathryn-house

A 127ha dryland cropping site in Angas Plains within the Alexandria Council region south-east of Adelaide has been listed for sale by CMV Farms.

Located on Nine Mile Road, a total of 126ha of the property is arable, with the lot having been used for hay production and produced cereals, oilseeds and grain legumes.

The property has been owned by CMV Farms Pty Ltd since 2019, and currently operates on an annual farm-share agreement.

It is underpinned by sandy loams over brown clay, while the nearby township of Strathalbyn receives an annual average rainfall of 491mm.

Angas Plains is roughly an hour from Adelaide, near Lake Alexandria.

CBRE’s Phil Schell and Angus Bills have been appointed to manage the sale campaign, with Expressions of Interest invited before May 26.

“The Nine Mile lot would be ideally suited to new industry participants, or neighbouring landowners looking to add scale,” Mr Schell said.

Mr Bills added: “The property’s operational efficiency, fertile soils, idyllic climate and desirable location make it a highly-productive broadacre cropping platform.”

For Australian/international news or global stories, follow us on Twitter: @cbreaustralia

Disclaimer:

Neither CBRE nor its affiliated companies make any warranties or claims on the implied accuracy of the information contained herein.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2022 revenue). The company has approximately 115,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at https://www.cbre.com.