Property

Diverse Qld backgrounding properties close to ‘feedlot central’ to test the market

Beef Central, 11/08/2021

One of five quality backgrounding properties to be offered, 2200ha freeholding Old Marmadua is located 62km from Dalby, comprising mostly open to timbered buffel grass grazing country.

Five distinctive Darling Downs mixed farming and livestock properties have come to market offering purchasers an excellent opportunity to secure productive grazing and cropping country with added benefit of passive income.

The properties, ideal for backgrounding, are located in the Dalby and Chinchilla districts on Queensland’s Darling Downs, close to the largest concentration of commercial beef cattle feedlots in Australia.

The five individual properties are to be made available via an offer to purchase process. They include:

Duck Ponds, a mixed farming property located 22km southwest from Dalby. The property includes 1690ha Freehold, with 828ha under cultivation and the balance mixed grazing. Wilkie Creek runs the western boundary with a large country-style homestead overlooking a permanent waterhole. All infrastructure is in good condition with several large machinery/hay sheds, grain storage complex, steel cattle yards and shearing shed. The property is well watered with excellent fencing including laneway system and stock grids with formed gravel roads allowing for easy access. Duck Ponds is a quality property offering diverse production opportunities.

Duck Ponds, a mixed farming property located 22km southwest from Dalby includes 1690ha Freehold, with 828ha under cultivation and the balance mixed grazing

Minjara is a larger scale timbered grazing property 35km southwest of Dalby, covering 4794ha across freehold and leasehold tenure. With a mix of open and timbered grazing, Minjara would be suited to cattle, sheep and/or goat production. Good stands of ironbark and other timbers may provide for a diversified income stream with timber harvesting. Good stock water exists across the property, with several paddocks and sound fencing.

Old Marmadua, located on the Old Moonie Road, 62km from Dalby, is generally open to timbered buffel grass grazing country and includes 2194ha Freehold. The property has the benefit of quality brigalow soils in the northern portion with 130ha developed cultivation. Additional areas could be brought into grain or fodder production to compliment the grazing. The property has excellent water and fencing with a central laneway system. Improvements include a new set of steel cattle yards, two hay sheds and enclosed workshop/storage shed.

Adjoining properties Waterside and Brentleigh located 24km south of Chinchilla are offered separately. Waterside is 2395ha over eight Freehold titles and is a mix of brigalow/belah melonhole country to lighter loam and sandy loams areas along Wambo Creek which runs the western boundary. A solar pump in the creek plus bore and several dams provide excellent stock water. Fencing is in very good condition throughout and includes laneway. Formed gravel roads with stock grids provide for easy access. A new all steel set of cattle yards are centrally located.

On the south eastern boundary sits Brentleigh, a smaller holding of 427ha Freehold. Run in conjunction with Waterside, this property boasts 99pc CatX (white) RVM, has excellent stock water and boundary fencing. Both properties have access via Montrose road.

All properties have established coal seam gas infrastructure providing purchasers ongoing passive income payments under existing Conduct and Compensation Agreements.

Marketing agents anticipate that interest will come from parties that have pre-existing engagement and relationship with the CSG industry or have the capacity to develop long term beneficial working relationships with tenement holders.

The properties have for the past five years been under a lease agreement to Stanbroke Pastoral Co and will be offered with clear title and immediate access following settlement.

Marketing is being managed by Phillip Kelly from Colliers Agribusiness, and Knight Frank Agribusiness, with the selling agents indicating that the selection offers buyers an exceptional opportunity with a sound variation of production across each property, good body of feed and excellent soil moisture through winter.

 

 

 

 

 

 

 

 

 

 

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