The property was purchased by Ian and Sandy Morris, owners of the nearby Thurlga and Yardea Stations in the Gawler Ranges, who had been actively seeking an opportunity to expand their existing pastoral footprint.
Ray White Rural South Australia sales executive Sam Krieg said both campaigns generated strong enquiry from genuine buyers across South Australia, Victoria and New South Wales.
“The majority of inspections were undertaken by established family farming businesses and pastoral operators looking to expand existing holdings, although we also saw interest from buyers seeking to enter the pastoral sector,” Mr Krieg said.
“Buyers recognised the quality of both assets, with Mount Freeling’s extensive infrastructure improvements and Gilles Downs’ strategic location and SA Water mains connection proving particularly attractive.”
Ray White Rural South Australia principal Daniel Schell said the successful sales reflected the strong confidence being seen across South Australia’s pastoral property market.
“Quality pastoral assets continue to attract strong competition when they are well presented and appropriately taken to market,” Mr Schell said.
“Favourable seasonal conditions, strong livestock markets and confidence in the long-term outlook for agriculture are giving producers the confidence to invest in expansion opportunities.
“We’re continuing to see well-capitalised family farming businesses prepared to act decisively when quality pastoral properties become available, particularly where there is scale, well planned infrastructure and production potential."
"These two sales are further evidence that quality pastoral assets continue to attract genuine competition when they're brought to the market with the right strategy and exposure."