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Description: Subiaco was settled by the Bourne family in 1897. It is situated in the very reliable Bool Lagoon district being 30 kilometres south-west of Naracoorte. The name 'Subiaco' came from Western Australia in the late 1800s where Mr John Bourne ran a boarding house with his wife. After a time, they returned to South Australia. 'The gentleman who purchased the Bool Lagoon property was unable to raise the money on Settlement Day, so John Bourne, who was the losing bidder, was able to purchase the property'. In 1897 he became the owner and named the property 'Subiaco'.
Subiaco has been in the Bourne family for 129 years. Three generations of Bournes have farmed the blue-ribbon property and raised their families. Initially, the main enterprise was wool growing and breeding their own large-framed merino flock. More recently, the focus moved to a prime lamb breeding program on Subiaco. Their premium breeding lambs were sold and sought after consistently at Naracoorte's annual First Cross Ewe Lamb feature sale.
With modern farming techniques and added technology, the focus of the management moved gradually to high quality and flexible entities, including premium cropping programs. As is evident throughout the neighbouring region, there is significant scope for irrigated pivot potential. The move to the cropping program was supported by the well-structured, rich self-mulching black loam soils that are a feature throughout the property.
An outstanding feature of Subiaco is the beautiful homestead, surrounded by an extensive mature garden setting and forming an impressive centrepiece to the property. Subiaco represents an opportunity to acquire a substantial, productive and well-cared-for property in the high-rainfall Bool Lagoon district. Quality holdings of this calibre in the region are seldom offered to the market.
Expression of Interest closes 2pm 11th December 2026 (Unless Sold Prior)
Contact the agents for an Information Memorandum:
Michael Wetherall M 0438372104 E. mike@pphs.com.au
Renea Virgo Boddington M 0428 832728 E. renea@pphs.co
Richard Harvie M. 0428 838 570 E. richard@pphs.com.au
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