Former Barossa Valley school sells for accommodation

The Marananga site (outlined) sold for $800,000.

The former Marananga Primary School, in the heart of South Australia’s Barossa Valley, has sold for $800,000 to a developer planning guest accommodation.

Salter Brothers bought Kingsford The Barossa, once owned by Channel Nine.

The 1.37 hectare Marananga site, 457 Seppeltsfield Road, on the south east corner of Neldner, was offered in February by private owners which held it since the 1990s.

Zoned Township Activity Centre, and with several historic buildings dating back to 1936, the property was marketing for its potential to make way for a brewery, distillery or winery.

The buyer, a Barossa Valley local, is intending a boutique hotel conversion.

JLL’s Simon Hilmgard was the agent; an expressions of interest campaign closed in March (story continues below).

“Seppeltsfield Rd is a must visit destination in the Barossa and is ideally placed to capitalise on the high volume of tourists visiting…and contributing to the region’s expenditure,” he added.

Marananga is about 58 kilometres north of Adelaide’s CBD.

Earlier this week we reported a homestead at Kingsford – about 20km south west of Maranga –once owned by Channel Nine which used it as Drover’s Run for TV show McLeod’s Daughters, sold to Melbourne fund manager Salter Brothers as a hospitality investment.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.