THIS week’s property review includes a wrap-up of interesting recent listings across the country, and a separate article of recently completed sales of note.
- $40m anticipated for two highly regarded Boulia properties
- Auction date change for Prospect Park
- High performing beef producer in Central Queensland
- Mount Haldon Station asks for $7m
- Grazing, carbon and tourism in Queensland’s far south west
- Maranoa’s Tomoo Station listed for $10m
- Southern Queensland’s Whyenbirra on the market
$40m anticipated for two highly-regarded Boulia properties
Around $40 million (bare of stock) is anticipated for 423,500ha of highly regarded Channel Country in Queensland’s north west.
Boulia beef producers John and Kate McLoughlin have relisted their 208,494ha Roxborough Downs and 215,000ha Mudgerebar via a second expressions of interest campaign with Colliers International.
McLoughlins also own the 5122ha Central Highlands property Rainbow Downs at Rolleston and the large-scale Thornhill aggregation, 50km west of Hughenden, where they background cattle for live export and feedlots.
They have decided to offload Roxborough Downs and Mudgerebar due to succession planning.
The adjoining, large-scale cattle growing properties are located in a tightly-held region, with a carrying capacity of around 16,000 adult equivalents.
They cover three dominant grazing types, including extensive areas of beneficially flooded channel country, and have multiple bores, watering points and cattle yards.
Selling agent Rawdon Briggs said there had been strong interest from across Australia, but particularly from producers in Queensland, South Australia and the Northern Territory.
The EOI campaign for Roxborough Downs and Mudgerebar closes on July 30.
The successful purchaser will be given the option to buy the on-property herd via a separate contract of sale.
Auction date change for Prospect Park
Hourn & Bishop Qld will auction Moura’s Prospect Park on July 10, not July 9 as originally intended, to align with the Queensland government’s final easing of COVID-19 restrictions.
The 1558ha breeder block is located 80km from Moura and 150km from Biloela, in the heart of the blue-ribbon Bauhinia district.
It is one of two properties being sold by the Crowther family, after recently purchasing the neighbouring Leeora Downs in Central Queensland’s Arcadia Valley for around $17 million bare.
Sam and Heather Crowther, and their son Andrew and wife Katie, are based at the 3500ha Harrow that breeds, backgrounds and finishes cattle through their 650-SCU accredited feedlot.
Prospect Park features brigalow, softwood, bottle tree and bonewood scrub, and is well grassed with buffel and green panic.
The balance runs down to fertile creek flats that are well established with improved pastures.
Water is secured by two bores, three dams plus water holes in the Prospect Creek.
In the meantime, the Crowther’s 2496ha Spring Grove at Surat will be auctioned this week by Darryl Langton from Nutrien Harcourts.
Featuring highly productive, fertile, mixed soil types, it is estimated to carry 1000 backgrounders.
The property has been fully-developed and is heavily pastured with prolific buffel grass.
Water is a feature with a 6km double frontage to the Bungil Creek, two bores, tanks and troughs, dams and waterholes.
High performing beef producer in Central Queensland
After 42 years of ownership, succession planning has prompted the sale of the Deguara family’s Palari, at Nebo in Central Queensland.
The 5492ha of blue-ribbon country are located in the renowned Valkyrie district, 180km from Mackay.
Palari is situated above the Funnel Creek/Connors River junction and runs from strong brigalow country to river flats.
Bill Hamilton from Ruralco said Palari was a high performing beef producing opportunity.
“Properties of this calibre are difficult to source. Palari would make an ideal backgrounding or bullock operation, supplemented by the use of the centre pivot irrigation system,” he said.
Previously, 526ha has been cultivated and planted to wheat or forage sorghum. Around 2833ha has been stick raked and disc-ploughed.
Carrying 20km of new boundary fencing and steel and timber cattle yards to handle up to 1500 head, Palari’s estimated carrying capacity is 2500 adult equivalents.
The property is watered by three bores, turkey’s nests and permanent waterholes in the flood-out country.
Palari will be offered with plant and equipment when it is auctioned bare of livestock on 20 August (note: this new date was pushed back from July 23).
Mount Haldon Station asks for $7m
One of the largest freehold blocks in Queensland’s Lockyer Valley has been re-listed for sale by Colliers International.
The 2103ha Mount Haldon Station is situated in the rural locality of Lefthand Branch, 30 minutes south of Gatton.
Owned by Paul Tucker for 12 years, the property failed to sell at auction last year and has returned to the market for around $3330/ha or $7 million.
As its name suggests, Mount Haldon is a mountainous block, however selling agent Peter Uebergang said it was also an outstanding performer.
“The property is well located and can run 500 adult equivalents on a good body of buffel and other native grasses. It also boasts high rainfall and a secure bore water supply,” he said.
Mr Uebergang believes the property would be ideal for goats, deer and sheep if an exclusion fence was installed.
Grazing, carbon and tourism in Queensland’s far southwest
Adjoining organically run Thargomindah properties Kilcowera and Zenonie are offering prospective buyers the trifecta of grazing, carbon and tourism.
The 47,400ha Kilcowera and the 31,700ha Zenonie are situated 92km south and 70km south of Thargomindah respectively, in Queensland’s far south west.
Owners Greg and Toni Sherwin have held Kilcowera for 34 years and Zenonie has been in the family’s hands for three generations.
Mark Minnis from Ray White Rural Charleville said Kilcowera and Zenonie were set up for multiple income streams.
“There is cattle grazing, with the option to run sheep and goats, and a tourism business. A carbon credit project is currently in place over a portion of the properties, affording passive income over the next five years and beyond.”
The 79,100ha comprises red mulga country interspersed with water course country, lake systems and large reserves of low mulga running back to range country.
The combined properties can run 2000 cattle or sheep and goat equivalents.
They are watered by four flowing bores, three sub bores, five wells, six dams and natural semi-permanent waterholes and lakes.
Mr Minnis reports good enquiry from New South Wales and Queensland.
Kilcowera and Zenonie are being offered for sale via expressions of interest closing on July 30.
Passed in: Maranoa’s Tomoo Station listed for $10m
Dean and Theresa Willaton from the Bangor Cattle Co have listed their Maranoa property Tomoo Station for $10m, after it failed to sell at auction last week.
Located 85km south west of Mitchell, the property has an excellent body of feed following recent rainfall.
Tomoo is also watered by the Mungallala Creek that runs through the middle from north to south. There is also a brand-new bore (drilled in 2018) that services most of the property, together with 23 dams.
Spanning 27,701ha of open alluvial plains, soft mulga and yellow jacket, kurrajong and popular box woodlands, Tomoo has access to 3025ha of unfenced stock route.
The country is well-developed with around 80pc cleared and sown to pasture or pulled for mulga browse and is situated within a cluster of exclusion fences.
Selling agent Trenton Hindman from Colliers International said Tomoo has a rich history in wool production and features historic shearing quarters.
“Currently used as beef cattle enterprise carrying 1650 cows and calves, or 2500 adult equivalents, Tomoo could be further enhanced by goats and a dorper sheep operation,” he said.
Mr Willaton said Tomoo Station was a terrific business and lifestyle property featuring a good balance of grass country with low mulga reserves.
Also last week, the Willatons sold their Mungallala property, Bangor South, via online auction to a producer from Central Queensland for $2.6 million.
Southern Queensland’s Whyenbirra on the market
Southern Queensland’s Whyenbirra has been listed for $4.3 million after failing to sell at auction.
The 14,357ha holding, 60km south of Bollon and 132km south west of St George, is suited to breeding and backgrounding cattle, sheep and/or goats.
It is owned by Louise Harris from Barraba in northern NSW, who has decided to downsize.
Louise and her late husband Wilf ran the Kaputar Pastoral Co – a Wagyu stud (based in Barraba) and a commercial Wagyu operation across their properties in Queensland and NSW.
The Harris family used Whyenbirra predominately to grow out their yearlings and for additional breeding.
The fully exclusion fenced property offers safe and reliable bore water, and a mix of buffel and flood-out country.
The country comprises 75pc deep red loamy soil and 25pc deep grey flood out country, which benefitted from recent flooding from the Wallam Creek and carries a large body of fresh feed.
Water is a feature, with the Whyenbirra share bore suppling five properties, as well as 18 tanks and 38 troughs.
In season, Whyenbirra has carried up to 1500 cows. Over the past 12 months it has been destocked and has recovered from drought with an excellent body of feed, predominately buffel and herbages.
The sale and marketing of Whyenbirra is being handled by Nick Dunsdon from Ruralco.