A Cockatoo Valley property could have buyers striking gold
Those looking to strike gold on their quest for property riches need to look no further.
Set among 1.4ha of historic goldfields, 227 Goldfields Rd, Cockatoo Valley is expected to attract a shiny sum at its auction later this month, and not only because it promises buyers the opportunity to cash in on one of the State’s most unique parcels of land.
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Set up as a gold mining camp in the 1800s, the property still features the original mining shafts, which lave laid dormant for a number of decades.
That’s despite gold prices jumping by more than 35 per cent over the past year, to approximately $72.85 per gram.
While neighbouring properties have been successfully mined for gold by prospectors, vendors Richard and Kimberly Byers said they had long decided to refrain from harvesting the land.
“The Afghan miners used it as a camp in the 1800s and we still got a loft of the original mine shafts they went down,” Mr Byers said.
“There’s still a fair bit of gold down there. So, you could go down to the creek to pan for gold, or you could dig into the side of the hill and get the gold out that way.
“We’ve had a lot of people over the years ask of if they could come prospecting on our land, but we’ve never allowed it. However, we have some friends who have found a fair bit of gold.”
Mr Byers said he and his wife decided to sell, as they bought a larger parcel of land to run horses.
“We’re not selling because we don’t love it here, but because we want to be closer to family and own horses,” he said.
“It’s a beautiful property and we are going to miss living here. It’s so quiet and here’s so much wildlife, including kangaroos, emus, deer, koala and echidna.
“We also have our own water, 21 solar panels, a large vegetable gardens and some chicken – so the property is fairly self-sustained.”
Mr Byers said the property, which also includes a four-bedroom home, a separate studio/office, a tack shed and a garage, had been ideal for their family’s needs.
“It’s so quiet out here and we hardly get any traffic,” he said.
“We’ve had a lot of friends from Adelaide come up here over there years, wanting to get away from it all.
“So, this property would be good for someone seeking a slower pace, lifestyle property, with the added benefit of sitting atop a gold mine.”
The property is for sale through Ray White Gawler/Willaston. It is for sale without a price guide and will be auctioned on Saturday, September 28 at 11am.