Unusual Clare property with income potential has interstate buyers talking
Calling all interstate buyers. If you’re travelling to Adelaide for Christmas and New Year to scope out the local property market, then this Clare property is a must inspect while you’re here.
Positioned on one of the area’s largest residential landholdings with the possibility of drawing an additional income, not to mention the home’s unusual circular design, 261 White Hut Rd is as good as it sounds.
Best of all, it’s listing price of $990,000 is something most Sydneysiders can only dream of.
Selling agent Mark O’Meagher of Ray White Clare Valley said the home was already fielding plenty of interest from buyers but expects the property to be of particular interest to out-of-towners during the holiday season.
“Interest so far has come from locals and interstate – which is no surprise really as, when you look at the dollar-for-dollar value when compared to Sydney or Melbourne, this property is undoubtedly value for money,” he said.
“It’s located only five minutes from Clare, has amazing views, and 40.29ha of land which can be used for cropping or livestock agistment as an additional income.
“So that’s what’s piqued buyer interest as well as the fact that interest in the Clare region in general has been quite high.
“There’s been a big tourism push with people starting to realise what’s up here. So we’re finding that more out-of-towners, who previously were looking for homes in the Barossa and the McLaren Vale, are now looking in the Clare Valley.”
Built by the vendors in 2000, Mr O’Meagher said the property would suit a variety of buyers but predicted it would sell to a professional couple.
“It really is an amazing home. It has four bedrooms, two bathrooms and an open-plan living space designed to the capture the property’s easterly views,” he said.
“It also has excellent shedding and comes with a water license of 22,182 kilo litres, on top of 52,000l of rainwater storage and 190,000l bore fed water – which is important if you want to grow crop on the land.”
Clare is a prominent wine and agricultural region in SA and located a two-hour drive north of Adelaide.