Churinga Park

Churinga Park located 22kms North of Penola and 28kms south of Naracoorte on the Riddoch Highway consists of 484 hectares of prime grazing and cropping land in the Coonawarra Wine District.
A splendid Mt Gambier stone homestead set amongst attractive gardens consisting of 4 bedrooms, 3 bathrooms, formal lounge and dining room, office, attractive kitchen dining area ans separate sun room.
The property is split over 6 titles and 8 sections and features a mixture of the best livestock grazing country under the red gums and the renowned black loam cropping soils on the Glenroy plains.
The fencing is excellent and the property features a secure livestock watering system from a mixture of windmills and pressure pumps.
Churinga Park presents an outstanding opportunity to purchase a prime property with quality improvements in a tightly held area. Attractive vendor finance is available if the property is purchased as a whole.

Legal Description
Allotment 2 on Deposited plan 32076 In the area named Glenroy, Hundred of Comaum contained on Certificate of Title Volume 5097 Folio 699 consisting of 37.11 Hectares
Allotment 5 on Filed Plan 100895 in the area named Glenroy, Hundred of Comaum contained on Certificate of Title Volume 5107 Folio 57 consisting of 66.32 Hectares
Allotment 74 on Deposited plan 14236 in the area named Glenroy, Hundred of Comaum contained on Certificate of Title Volume 5465 Folio 671, consisting of 19.86 Hectares.
Allotment 755 on Filed Plan 191317 in the area named Glenroy, Hundred of Comaum contained on Certificate of Title Volume 5828 Folio 188, consisting of 71.83 Hectares.
Allotment 265, 266 & 267 on Filed Plan 216598 in the area named Glenroy, Hundred of Comaum contained on Certificate of Title Volume 5621 Folio 530 consisting of 113.2 Hectares in section 265, 50.2 Hectares on sections 266 & 267.
Allotment 1 on Filed Plan 100979 in the Area named Glenroy, Hundred of Comaum contained on Certificate of Title Volume 5104 Folio 815 consisting of approximately 126 hectares. (Easement for Pumping of Water by Southcorp included)

Total area of 484.52 Hectares.

Rates and Road Rent.

Churinga Park is located in the Wattle Range Council Rating zone. Current rates for 2013-2014 are $10,794. These rates will be apportioned at settlement.

There are a total of 26 acres of leased roads that dissect the property, these are leased at a rate of $18 per acre and amount to a total of $468 for the 2013 – 2014 period.

Homestead

Mt Gambier stone homestead with cement roof tiles. The homestead is situated amongst attractive gardens which are a true feature when looking through the windows within the homestead. The homestead has a functional layout with 3 bathrooms, 4 bedrooms and two living rooms. There is also an open plan kitchen with dining/sun room. 3 Car carport, rear sunroom and laundry and an outside office.

Kitchen/Living Area
-Aga Stove
-Electric Stove
-Fire Place
-A/c
-Tiled Floor
Office
-Inbuilt desk and cupboards
-Carpet
Dining Room
-Book shelves
-Open Fire Place
-Carpet
Formal Lounge
-Open Fire Place with copper Feature
-Carpet
-Built in Shelving
-Feature Windows
Bedroom
-BIR
-Carpet
Main Bathroom
-Tiled Floor
-Bath
-Shower
-Vanity
-Toilet
-Sky Light

Bedroom
-BIR
-Carpet
Main Bedroom
-BIR
-Carpet
-Vanity
-WIR
Ensuite
-Tiled Floor
-Shower
-Vanity
-Toilet
Passageway
-Linen Closet
Bedroom
-Carpet
-BIR
-Fan
Bathroom
-Shower
-Tiled Floor
-Vanity
Rear Sunroom
-Carpet
Laundry
-Electric HWS
-Cupboards

Improvements
Improvements
Shedding

-Machinery Shed
-Concrete floor Approximately 10 x 5.
-Earth floor 10 x 8
-Hay Shed
-3 Bays
-Concrete Floor




Sundry

-Timber and steel cattle yards
-Mission Hut with concrete floor
Out side office
-Tin Clad
-Shelving
-Carpet Floor
-Exhaust Fan
-Bore at house
-Rainwater
-9000 litre poly tank + 21000 litre concrete tank off the Homestead.
-4000 litre galvanised/cement lined tank off shed.

Soil & Pasture Description

Churinga park has a great mixture of top quality sandy loam red gum grazing country ranging to the renowned black loam cropping soils at the rear of the property. Pastures area mix of annuals and perenials mainly phalaris, fescue and rye with areas of clover. There are areas of plantation trees on the plains country which have only recently been planted to act as wind breaks.
Fertiliser History

25.27 Tonne of Croplift applied at 95kg per hectare over 266 Hectares (Front of Property) 2012

25 Tonne of Croplift applied at 95kg per hectare over 263 Hectares (Rear of Property) 2013
Plus 84 Tonne of Dolomite at 2500kg per hectare over Race Course and Cattle Yard Paddocks.

Annual Regime to apply fertilizer to 50% of the property each year at above rates.

Fencing

Most of the fencing on Churinga park has been renewed over the period of tenure by the Mann family. Fencing is predominately creasote posts with cyclone or plain and barb wires. Most fencing is backed up by electric wires.

Water Allocation

29 ha/IE Water allocation is to be sold with the property which is contained on licence number 9120. Allocation is in the Comaum Caroline water region in the hundred of Comaum.

Water allocations are currently in transition to a volumetric conversion. Approximate guidelines to the conversion is 6.77 Megalitres for each ha/ie.

Stock and Domestic Water

Stock and Domestic water is supplied from numerous sources around the property.

-Mainline from homestead supplies the front and northern end of the property.
-Pump at Southcorps Vineyards supplies the southern paddocks.
-Water supply agreement is held with Southcorp, pump at the old winery to supply stock water and irrigation pumps at the northern end of the vineyard and at the winery to supply sprinkler irrigation in Inverness, Nevilles and Winery paddocks. Irrigation pumps are owned and serviced by Southcorp.
-Copy of current agreement attached and correspondence form Treasury Wines.
-Sundry Windmills

Vendor Finance

Vendor finance is available if the property is purchased as a whole.

The rate will be based on the ANZ banks Business Mortgage Index with a discount given.

Finance is available for 60% of the purchase price to approved purchasers on a first mortgage basis.

Expression of Interest

The expression of interest is a non-binding contract that express’s your interest in purchasing the whole or portions of Churinga Park. The vendor will review the expressions and once a decision has been made they will negotiate with any of the parties to successfully find an outcome for the purchase of Churinga Park. The vendor may not select the highest offer but will select the best offer that suits their requirements. It is advisable that you do put your best offer forward for selection.

Features