Property

Movement at the Station – Properties for sale

Property editor Linda Rowley, March 11, 2020

Barcaldine’s The Patrick is being re-offered to the market, less than two years after being purchased by a Central Australian family for around $6 million.

THIS week’s property review includes this wrap-up of interesting recent listings across the country, and a separate article of recently completed sales of note.

  • Barcaldine’s The Patrick re-offered
  • Tightly-held NSW northwest corner country
  • Longreach’s Russleigh listed for $7.1m
  • Tara’s Bellevue suits expansion

Barcaldine’s The Patrick offered again

Barcaldine’s The Patrick is being re-offered to the market, less than two years after being purchased by a Central Australian family for around $6 million.

The 16,786ha central western Queensland backgrounding, breeding or trading operation, pictured above, was sold in July 2018 by the Allpass family who had held it for the previous 80 years.

It was purchased by Stuart and Anna Weir who own five neighbouring bullock-breeding properties (Ammaroo Station, Derry Downs, Arapunya, Old MacDonald and Dneiper), 320km north east of Alice Springs.

Around the same time, the couple secured Blackall’s Terrick South. Having recently purchased the neighbouring 22,000ha Mt Calder, the Weirs are now offering The Patrick for sale to allow them to consolidate their holdings.

The Patrick comprises mainly freehold country, naturally safe, strong, shaded and developed with gidgee and bauhinia, established buffel grass, soft native grasses and herbages and edible scrub.

It has been partially exclusion fenced and is watered by three flowing bores, enjoying double frontages to both the Alice River and Patrick Creek.

The safe cattle block, which can carry 3000 backgrounders, has been well improved, with the Weirs embarking on a major capital expense for ease of management.

They have completed an extensive laneway system throughout to easily access the two sets of cattle yards and have utilised the three existing bores to provide further watering points of which a good number are controlled.

The Patrick will be auctioned on April 8 by Des Cuffe, who is now working for Ruralco.

Tightly-held NSW northwest corner country

Widespread interest is anticipated for Tibooburra’s Whyjonta Station in the tightly held corner country of New South Wales’ far north west.

Located 395km north of Broken Hill and 372km north west of Bourke, the cattle and sheep property will be connected to the completely sealed Silver City highway (connecting Broken Hill to the Queensland border) by June this year.

“This gateway should attract good enquiry from Queenslanders, producers in northern New South Wales, Victoria and South Australia,” marketing agent David Russell from Landmark Russell Cobar said. “Nothing has come up in that corner country for a very long time, and they have recently had the best rainfalls in five years.”

Spanning 55,878ha, the country is highly productive and fertile saline country featuring flat open Mitchell grass plains to undulating rises of sandy loam, scattered mulga, coolabah and acacia.

In season, the alluvial grey soil flood-out country is fed by numerous creek systems to the west and northwest.

Whyjonta is also watered by 70km of poly pipe, 37 watering points, 40 troughs, 15 earth dams and a number of bores.

For the past 15 years, Steve and Jan Molloy have run 800 to 900 commercial Droughtmaster cross breeders, running the prodigy through to 300kg.

They sell around 1000 head of bush goats per annum and when the season prevails, take on large numbers of agistment cattle.

Whyjonta is being offered to the market on a WIWO basis with an extensive list of station plant and machinery.

Expressions of interest close on April 15.

Bush goats are part of the income stream on Tibooburra’s Whyjonta Station in the tightly held corner country of NSW’s far north west.

Longreach’s Russleigh listed for $7.1m

Longreach district property Russleigh is being offered to the market for the first time in 71 years for $7.1 million, including plant.

The 22,125 hectares of versatile cattle or sheep country are located 140km south west of Longreach and 80km west of Isisford.

Russleigh features a mix of undulating open to lightly shaded Mitchell downs, interspersed with creeks, running into gidgee country. It can carry up to 2000 head of mixed cattle, and is watered by 21 earth tanks, along with semi-permanent waterholes in creeks that run into the Thompson River.

Russleigh has been held by three generations of the Towner/Watts family since 1949. The sale will finalise a family partnership between a brother and three sisters.

Andrew Adcock from Adcock Partners Property and Livestock reports that there has been good interest from both cattle and sheep producers.

“It will suit Central Queensland and central northern Queenslanders who are looking to add to their portfolio – especially those seeking country for wool and sheep, or a mixed breeding operation,” he said.

Longreach district property Russleigh is being offered to the market for the first time in 71 years for $7.1 million, including plant.

Tara’s Bellevue suits expansion

The low input fattening and backgrounding enterprise, Bellevue, in southern Queensland, will be auctioned bare of stock on April 15.

Located at Marmadua, 27km south of Tara and 100km west of Dalby, the 2674ha block is underpinned by brigalow and belah soils.

The country allows for strong overland flow captured in existing dams throughout the property.

JLL’s Clayton Smith, who is handling the marketing and the sale, said Bellevue was ideally suited to an existing enterprise or an addition to an established supply chain.

The low input fattening and backgrounding enterprise, Bellevue, in southern Queensland, will be auctioned bare of stock on April 15.

 

Click here to access more properties listed for sale.

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