This week’s property review includes THIS wrap-up of relisted properties and two separate articles on recent listings and completed sales.

• NSW’s Grand Junction splits in two
• Solid interest for SA’s Maranoa Downs
• Gogango’s Boomer offers breeding
• Dingo’s Mon-Abri offered as a whole or separately

NSW’s Grand Junction splits in two

A cropping, irrigation and grazing development opportunity in New South Wales’ far south-west is being offered to the market as two separate holdings after failing to sell as a whole late last year.

The 4138ha Grand Junction is situated in the Sunraysia district, 10km north-west of Wentworth and 30km from Mildura, in a 286mm average annual rainfall region.

It has been divided into the adjoining 2875ha Grand Junction West (cropping and irrigation) and 1275ha Grand Junction East (grazing) by Grand Junction Pty Ltd after 16 years of ownership.

Both have dual frontages to the Silver City Highway and Pomona Road, as well as direct ‘over the bank’ access to the Darling and Great Darling Anabranch Rivers, providing secure water access for irrigated cropping.

Smith Agri International agent George Souliotis said future land uses may include irrigated cropping, dryland cropping, intensive horticultural development, grazing or lotfeeding.

“Expert independent reports have identified a 1600ha irrigation development opportunity, with the vendor undertaking development feasibility assessments and inspections to deliver greenfield development confidence and remove perceived development risk,” he said.

Grand Junction is being offered for sale as a whole or separately, on a walk-in walk-out, going concern basis.

Grand Junction West – offered with a $16 million to $16.5 million price guide.

With 9.5km of Silver City Highway dual frontage, the 2875ha Grand Junction West has 24km of Great Darling Anabranch frontage providing secure access to irrigation water.

Grand Junction East – $3.25m ($2549/ha or $1000/ac).

The 1275ha Grand Junction East has 3km of Silver City Highway frontage and 2km of dual frontage to Pomona Road. With 1.5km of frontage to the Darling River, it is offered with 125ha of flood irrigation development.

In addition to Grand Junction West and Grand Junction East, the vendor will consider selling additional parcels of land with direct frontage to the Murray River.

Solid interest for SA’s Maranoa Downs

Elders agent Grant Schubert reports widespread interest in South Australia’s Maranoa Downs which offers exceptional feed.

The 1699ha blue-ribbon holding is located near Stewart Range, 17km west of Naracoorte and 118km north of Mount Gambier.

It was one of two properties offered to the market in October last year by the Western District Pastoral Company after 65 years of ownership.

Earlier this year, cattle producer Chris Thompson expanded his Limestone Coast footprint with the purchase of the 688ha Kingurra.

Maranoa Downs was subsequently listed with a $20-$24m price guide on a bare basis.

Mr Schubert said inquiries are coming from local and interstate producers chasing a long-term opportunity to purchase.

The property has undergone extensive pasture improvement with established stands of phalaris, lucerne, ryegrass, clover, cocksfoot and chicory and is currently running 930 breeders.

In recent years 159ha have been deep ripped to a depth of 800mm, in addition to 40ha benefitting from a clay application.

Maranoa Downs is subdivided into 52 main paddocks, with 2km of new fencing, and is watered by several dams and two equipped bores.

Infrastructure includes a renovated four-bedroom home, a four-stand shearing shed, steel sheep and cattle yards and numerous sheds.

There’s been widespread interest in South Australia’s Maranoa Downs, which offers exceptional feed.

Gogango’s Boomer offers breeding

Offers to purchase are being sought for Central Queensland’s Boomer Station after it failed to sell via expressions of interest.

Owned by Bill and Rhonda Inslay, the 4179ha calf factory is located 40km north of Gogango and 107km west of Rockhampton.

Previously, the Inslays ran 750 breeders but are now conservatively running around 550 head of cattle using a rotational grazing system developed over the past 30 years.

The walk-in, walk-out sale includes an EU accredited herd of 475 Brangus breeders and calves, 65 replacement heifers, 12 Angus bulls and two Brangus bulls, plus a comprehensive list of plant and machinery.

Named after the nearby Boomer Range in the Goodedulla National Park, the country comprises mostly undulating, developed vine scrub and sparsely timbered bloodwood, running back into a mix of ironbark forest hills.

Boomer Station carries a solid stand of buffel, along with creeping bluegrass, seca, green panic and butterfly pea, plus native grasses and legumes.

Water is supplied by two bores, four dams and natural waterholes along 10km of Melaleuca Creek frontage.

Infrastructure includes a modern four-bedroom home, two-bedroom quarters, sheds and two steel cattle yards, including one that is new.

The sale is being handled by Ray White Rural agent Richard Brosnan.

Dingo’s Mon-Abri offered as a whole or separately

Garrett and Kate Kirk’s Central Queensland breeder block is being offered for sale as a whole or in separate blocks ($1000/ha or $2500/ac), starting at $800/ac.

The 4012ha Mon-Abri (French for ‘my refuge’) is a freehold property on the Capricorn Highway near Dingo and 123km from Emerald. It is being sold by the couple after eight years of ownership to allow them to move closer to Rockhampton.

TopX agent Gavin Tickle said positioned behind the Dingo Roadhouse and adjoining the Dingo airstrip, the property offers subdivision potential.

Mon-Abri has mostly light loamy and sandy soils, complemented by areas of fertile alluvial creek flats and pockets of heavier country.

A mix of improved and native pastures is presently carrying a strong body of feed, positioning the property well for immediate productivity.

Areas of rosewood timber are suitable for on-farm fencing or potential supplementary income. Additional timbers include ironbark, gums and lancewood.

An on-site gravel pit provides a convenient resource for ongoing property maintenance and development.

Four bores service the property supported by dams, permanent waterholes along the Dingo Creek and 535mm of average annual rainfall.

Infrastructure includes a four-bedroom homestead, cattle yards and 14km of recently installed exclusion fencing. Separate three-bedroom quarters are on the former Belmont portion of the property.

Mon-Abri is also equipped with horse stables and day yards, a round yard, workshop and additional workers’ quarters.