THIS week’s property review includes this wrap up of recently completed sales and two separate articles on interesting properties listed for sale in New South Wales and Queensland.

• Meldora expands with Riverina aggregation
• Willow Tree grazing makes $7m

Meldora expands with Riverina aggregation

A diversified agricultural and carbon platform managed by Gunn Agri Partners has expanded its asset base, securing a major footprint in southern New South Wales’ Riverina region for around $30 million.

Operating under Meldora Land Management, the platform has acquired eight properties north of Deniliquin to form the 4837ha Pretty Pine Aggregation.

The acquisition marks the second major transaction for the $250 million fund, which was launched in 2025 with backing from the Clean Energy Finance Corporation (CEFC) and Canadian pension fund La Caisse.

The fund, which counts Rio Tinto as a foundation off taker, aims to integrate institutional agriculture with the generation of Australian Carbon Credit Units (ACCUs).

This follows Meldora’s initial purchase of the Arcturus Downs Aggregation in Queensland’s Central Highlands in September last year.

The newly formed Pretty Pine Aggregation will support a mix of irrigated and dryland cropping, livestock production and dedicated environmental plantings.

The portfolio will be managed across two hubs – Birdwood and the Sutton Aggregation.

Matt Horne of Elders Riverina Real Estate negotiated the transactions but was unable to disclose details of the buyer or final pricing.

Birdwood

The first operational hub comprises the 1508ha Birdwood and the adjoining 645ha Birdwood 2.

Located 12km north-west of Deniliquin, Birdwood is a highly developed turnkey irrigation holding.

The sale ends two decades of ownership by Melbourne IT entrepreneur Daniel Wallis, who invested heavily in water efficiency, automation and soil health.

Last year, the property produced wheat, canola, barley and vetch across more than 1000ha, while the remaining country supports 1300 agistment ewes.

Birdwood features 800ha of spray irrigation, including a 355ha lateral move and six centre pivots covering 445ha, alongside 136la of laser-levelled border-check layout.

Water assets include 625ML of Murray Irrigation entitlements, 1579 MIL delivery entitlements, a deep irrigation bore and a share in the Lower Murray Groundwater aquifer.

This is supported by three dams with a combined capacity exceeding 450ML, alongside extensive frontage to Box Creek.

Infrastructure includes a four-bedroom home, multiple sheds, a shearing shed, livestock yards and 12 silos.

The adjoining Birdwood 2 adds 645ha and is located 30km north-west of Deniliquin.

It features 362ha of irrigation development and 195ha of dryland cropping, with the balance consisting of support land and native vegetation.

The block is backed by 612 MIL delivery entitlements and includes cattle yards.

Sutton Aggregation

The second hub is anchored by the 2070ha Sutton Aggregation and the neighbouring 614ha Kalawar.

Purchased from Mike Gatacre, the Sutton Aggregation is located 37km north-west of Deniliquin and comprises five contiguous holdings: Gunnadoo, Yarramie, Noonameena, Bridgenorth and Colanne.

The turnkey asset is suited to cropping and livestock operations. The 1821 arable hectares feature mostly heavy self-mulching soils, with 121ha of sandy loam suited to lucerne.

The property enjoys 4km of dual frontage to Box Creek and has 600ha of developed irrigation layout supported by recycle systems.

The holding was sold with 3357 MIL delivery entitlements.

Infrastructure includes three main residences, a cottage, a four-stand shearing shed, livestock yards and 120 tonnes of seed silo capacity.

Completing the aggregation is Kalawar, a 614ha mixed farming property near Morago. The block was marketed earlier this year with an initial price guide of $2.9m to $3.1m.

Willow Tree grazing makes $7m

A Singleton investor has paid around the $7 million asking price for Temi in the highly regarded Liverpool Ranges of northern New South Wales.

The 1980ha breeding and backgrounding enterprise is located 10km south of Willow Tree and 83km south of Tamworth.

During the marketing campaign, Ray White agent Hamish Firth said the high performing, low input grazing operation offered a compelling blend of productivity, scenic appeal and potential future biodiversity opportunities.

“With extensive improvements, reliable water, fertile soils and high rainfall, this property represents a rare opportunity in one of New South Wales’ most sought-after grazing districts.”

The property features elevated country with large expanses of gently undulating open grazing areas and some steeper, timbered hillsides.

The good quality basalts to heavier chocolate soils grow native grasses such as red, plains and wallaby grasses complemented by introduced species including phalaris, bull grass and various clovers.

Temi has an estimated carrying capacity of 500 cows and calves or 4000 wethers and 200 cows.

Water is sourced from the permanent Chilcotts, Back and Doughboy Hollow Creeks, five springs and 17 dams in a 762mm rainfall region.

Infrastructure includes a circa 1900s four-bedroom home, a two-bedroom cottage, a one-bedroom cottage, a four-stand shearing shed, sheep yards, two cattle yards, round yards and a shed.

The 1980ha breeding and backgrounding enterprise is located 10km south of Willow Tree and 83km south of Tamworth.