Under Offer

136 Penfield Road, Virginia, SA, 5120

$3,850,000

40500 m²

Other

30+ days on the market

Inspection times

Inspections are by appointment only.

What's around 136 Penfield Road

Modern state-of-the-art hydroponic production facility with expansion potential

136 Penfield Road is an exceptional horticulture offering located in the heart of South Australia's 'food bowl'. Constructed in 2022, the state-of-the-art improvements are purpose-built with additional room to expand. Properties established to this standard are extremely tightly held in the Virginia region. The property offers a very appealing opportunity for purchasers to acquire a hydroponic greenhouse facility with terrific access to key markets. Key features include: - Total area of approx. 4.05 hectares contained in one Certificate of Title. - 10,000sqm (approx.) greenhouse building with a full complement of climate control infrastructure and hydroponic production equipment for the growing of horticultural crops with an additional 9,500sqm (approx.) production area utilised for a less intensive in-ground growing system with over 7,500sqm covered. - Modern packing shed comprising fertigation, reverse osmosis and greenhouse heating infrastructure, plus separate office and staff area. - Potential to develop an additional 6,000sqm hydroponic greenhouse facility with capacity from the existing fertigation and heating infrastructure to service new development. - Water infrastructure assets include an irrigation bore (under construction), reverse osmosis system and storage dam. - Water entitlements comprise a 9ML underground licence for irrigation. - Mains gas connection with own meter. - A turnkey facility that will be offered with vacant possession. 136 Penfield Road is for sale by Expressions of Interest closing Wednesday 27 March 2024 at 4pm (ACDT). For further information or to arrange an inspection, please contact the agents. Inspections are strictly by appointment.

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