Developed country on Te Angie

A NEW expressions of interest campaign will launch next week for the Ogilvie family’s two well-developed grazing properties in the New England region of northern New South Wales.

Located near Wongwibinda, the 2816ha Te Angie Station and 1435ha Forest Lodge are 12km apart and have been operated as complementary enterprises, running Hereford cattle.

Based on previous campaigns, the assets, totalling 4251ha, are likely to be worth between $30 million and $35 million. Cattle totalling around 600 head will be offered separately. Click here to see listing.

Situated near the upper Clarence River catchment, the highly productive properties sit between 1000m and 1250m above sea level and receive around 909mm of average annual rainfall.

George Lubbe

The project represents the entry point for a new property marketing venture.

PBS Rural Assets is the new rural property arm of Premium Bovine Solutions, extending the PBS premium livestock marketing business into the representation and sale of quality rural assets.

The new business brings together John Friend, an experienced New England rural property agent and licensed Stock & Station Agent, with George Lubbe, Founder and Managing Director of Premium Bovine Solutions, who brings more than 30 years’ experience across livestock production, procurement, marketing, genetics and the broader beef supply chain.

Together, PBS Rural Assets combines professional rural property agency with practical livestock, agribusiness and supply-chain knowledge, providing a different perspective on the presentation and sale of rural property.

The focus is not simply on hectares and improvements, but on understanding the land, water, pasture, infrastructure, livestock production capability, market access and enterprise opportunities that sit behind each rural asset.

While the two properties can be run individually, together they create the foundations of a broader livestock production system.

“Te Angie Station provides scale and breeding capacity, while Forest Lodge provides a proven backgrounding and feeder-production platform,” Mr Friend said.

He said both properties had demonstrated the benefits of investment in pasture, water and infrastructure.

“For the next owner, the opportunity is to build on that foundation through breeding, backgrounding, finishing, trading and potentially further fodder and silage development.”

“That provides an opportunity for an established producer to add scale for a breeding enterprise to build production, or for a more vertically integrated operator to develop a higher-output beef production platform,” the agents explained.

The properties will be offered under an expressions of interest campaign, either jointly or sold separately.

Te Angie Station

Located 33km west of Ebor and 50km east of Guyra, the 2816ha Te Angie Station is the larger of the two properties and focuses on commercial beef production.

The breeding enterprise is supported by Forest Lodge, where progeny is backgrounded towards the feeder cattle market.

Previously, the Te Angie Hereford stud operated alongside a prime lamb enterprise running 1000 ewes.

Today, the property runs more than 1000 cows across improved and native pastures, with further production potential through continued pasture development, fencing and strategic use of its water resources.

It has frontage to the Copes, Fishington and Dead Horse Creek systems, supported by numerous dams and a reticulated water network.

Infrastructure includes cattle yards, sheep yards, numerous sheds and multiple residences, including the main homestead and additional accommodation.

Forest Lodge

Located 28km west of Ebor and 55km east of Guyra, the 1435ha Forest Lodge currently operates as a cattle backgrounding enterprise but is also suited to breeding and finishing.

The undulating country has mostly loamy trap soils, with around 728ha developed to improved pasture, including fescue, cocksfoot, prairie grass, plantain and red and white clovers.

More than 1200 weaners are consistently backgrounded and finished for slaughter or delivery to feedlots, and cattle traded when conditions allow.

Licensed clearing and pasture development undertaken in recent years has further opened the property to increased production potential.

Forest Lodge is watered by three permanent creek systems and numerous dams.

The Ogilvie family has invested significantly in cattle infrastructure, including a new cattle sale complex, yards, a shed and 7km of new fencing.

Hereford cattle on Forrest Lodge