Historic SA Mixed Farm For Sale For First Time In Almost 150 Years
Mixed Farm For Sale SA Combines Precision Broadacre Cropping With Well-Established Sheep Enterprise
A historic generational mixed farming holding is being offered for sale for the first time in almost 150 years.
The ‘Illawarra’ and ‘Koonunga Hill’ aggregation has been held by the Shannon family across multiple generations. The Shannons are a prominent pastoral family with a deep history in the mid-north region of South Australia, dating back to 1844 when the Derry family first arrived in the Kapunda district, purchasing a 1,237-acre property named ‘Yatara’.
The family has since expanded their agricultural interests throughout Australia and have ultimately decided to divest the aggregation in order to focus on, and consolidate, their asset base in Tasmania.
This mixed farm for sale SA combines precision broadacre cropping with a well-established sheep enterprise
Situated between Kapunda and Eudunda, only 95 kilometres from Adelaide, the aggregation comprises 42 individual titles spanning approximately 6,505 acres. It represents one of the most significant and tightly held family-owned holdings to be offered to the South Australian market in recent history.
At its core, ‘Illawarra’ is not simply a large-scale mixed farming asset, but a property shaped over generations through consistent investment, disciplined management and a deeply embedded connection to the land.
“This is a genuine generational offering in every sense,” says Elders Real Estate CEO, Tom Russo. “The Shannon family has held and developed this aggregation for 150 years, which is an extraordinary period of stewardship.
This mixed farm for sale SA operates a successful five-year crop rotation including wheat, barley, canola and beans
“The continuation of ownership across multiple generations has allowed for a long-term approach to decision evident throughout the property.”
Over successive generations, the Shannon family has progressively consolidated and refined the aggregation into a highly efficient and well-balanced mixed farming enterprise.
The holding today reflects both its historical foundations and the evolution of modern agricultural practices, combining precision broadacre cropping with a well-established sheep enterprise capable of supporting up to 5,000 ewes (subject to enterprise mix).
This mixed farm for sale SA boasts a well-established sheep enterprise capable of supporting up to 5,000 ewes
Over 70 per cent of the aggregation is arable, with a successful five-year crop rotation including wheat, barley, canola and beans.
Sitting in a highly productive cropping region that receives over 450mm in average rainfall, the aggregation also boasts mains water connection and River Light frontage, providing year-round water security.
Other modern improvements includes extensive livestock handling infrastructure, significant grain and fertiliser storage capacity, and a well-developed central operational hub that supports efficient large-scale farming.
This mixed farm for sale SA includes extensive livestock handling infrastructure plus large grain and fertiliser storage capacity
The property also retains strong physical links to its heritage, including a renovated circa 1850s homestead that provides a direct connection to its early establishment.
“The improvements across ‘Illawarra’ have not been developed in a single phase or through short-term capital injection,” Russo adds.
“They have been built over time, reflecting a pattern of reinvestment that is typical of high-quality family farming operations — practical, considered and aligned to long-term productivity.”
This mixed farm for sale SA includes a well-developed central operational hub that supports efficient large-scale farming
Located within the highly productive Kapunda-Eudunda corridor, the aggregation benefits from a strong reputation as reliable grain-and-grazing country, with the ability to support flexible farming systems responsive to seasonal and commodity conditions.
The asset’s scale, proximity to Adelaide and connection to established agricultural supply chains further enhance its appeal, however it is the continuity of ownership and quality of stewardship that distinguishes it within the market.
“Opportunities of this nature are exceptionally rare,” says Elders State Manager, Adam Chilcot. “It is not often that a property of this quality, with this level of history and family continuity, is brought to market.
This mixed farm for sale SA offers a beautifully renovated circa-1850 homestead
“For many buyers, that provenance will be just as compelling as the underlying production capability.”
The aggregation is being offered via a flexible Expressions of Interest process, allowing for acquisition as a whole or in components and accommodating a broad range of potential purchasers. The sale can also include a high-quality flock and portfolio of plant and equipment.
The sale is expected to attract interest from neighbouring producers, established family farming businesses and larger-scale investors seeking exposure to high-quality Australian agricultural land with a proven history of performance and long-term custodianship.
This mixed farm for sale SA is being offered for sale for the first time in almost 150 years
“The Shannon family has created something of enduring value, and the opportunity now exists for a new owner to continue that story into its net chapter,” Chilcot says.
Expressions of interest are requested by no later than Monday, September 14, 2026 at 4:00pm (Adelaide time).
Click on the following link for more information on this mixed farm for sale at Bagot Well, SA.
