1499 Arno Bay Road Cleve SA 5640
Sold $220,000
- Property Type Lifestyle
- Land area approx 61.46ha
- Region Eastern Eyre Peninsula
- Toilets 1
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61.47 Ha, 3 bedroom home, sheds and good cropping. Centrally located.
With approx. 46 Ha of cropping land, a good-sized three bedroom house and large pantry, hay shed and sundry sheds, this property would make a useful “add-on property” to an existing property owner or a lifestyle purchase for someone who wants space and tranquillity. Rental properties are in short demand and this property would be ideal. Property is well fenced with one large cropping paddock. Sandy loam soils, flat and with some scattered limestone. Annual rainfall 400mm (approx.). Just 7 km to the main center of Cleve and 16 km to Arno Bay, the beach, wonderful fishing and many other lifestyle pursuits.
Rates are $1460 per annum (approx.). Demand for authentic lifestyle properties has increased in recent times with demand likely to continue. Families are looking to come to regions with a genuine country feel to enjoy quality country living where a genuine sense of space, tranquillity and community exists. Interest rates are low and are likely to remain so in the medium term. In other words, credit is currently cheap. Properties like this are tightly held and will appeal to those looking for a “life-style” property, as a add on cropping property and or an investment property as a rental proposition.
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