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.
- Productive Lachlan River headwaters grazing country
- $2.5m anticipated for Cunnamulla breeder country
- Flinders Ranges grazing up for grabs
Productive Lachlan River headwaters grazing country
Wallaroobie, a productive smaller 343ha grazing property on top of the Great Dividing Range near Goulburn at the headwaters of the Lachlan River is being offered for sale by expressions of interest.
Country is gently undulating to flat arable grazing land, securely watered by seven dams and double frontage to Wollogorang Creek.
The property, pictured above, has been utilised as a cattle breeding and finishing enterprise, with an estimated carrying capacity of 2500 DSE, with country well fenced into 13 paddocks.
A formed all-weather gravel driveway provides access to the sheds, yards and power to an elevated and private building site. Outstanding working improvements including steel cattle yards and six bay 20 metre x 36 metre machinery/hay shed with enclosed workshop, concrete floor, power and toilet.
The holding is located 9km from Hume Highway, 25km from Goulburn, 98km from Canberra, and 182km freeway drive to Sydney, making it a viable weekend commute for a city-based buyer.
Wallaroobie is being offered for sale by expression of interest closing 28 October, through LAWD’s Col Medway and Tim Corcoran.
$2.5m anticipated for Cunnamulla breeder country
New entrants are expected to vie for low-cost breeder country in south west Queensland that is expected to make around $2.5 million.
After nine years of ownership, Anthony and Lynette Grabbe are selling their 21,238ha Cunnamulla grazing enterprise Nooralaba.
The couple is downsizing to a smaller holding they own near Bundaberg.
Located 85km north west of Cunnamulla, Nooralaba is suited to cattle, sheep and goats with an estimated carrying capacity of 500 breeders, or sheep/goat equivalents.
The country is open woodlands with box, gidgee and soft mulga, with the 26km eastern boundary of the property completely exclusion fenced.
Nooralaba is watered by an artesian bore, two dams and 24 watering points across 46km. The Leader Creek runs through middle of property with seasonal waterholes.
Ben Forrest and Grant Veivers from Resolute Property said the property has a 25 year carbon agreement with a 10 year payment period that runs until 2026.
“There is around $690,000 yet to be paid out. After that time, the incoming purchaser can renegotiate a potentially higher carbon price.”
Nooralaba will be auctioned online on November 7. It is anticipated to make around $2.5 million.
Flinders Ranges grazing blocks up for grabs
Tightly held grazing country in South Australia’s spectacular Flinders Ranges is being offered to the market for the first time in 114 years.
The aggregation, spanning 5127ha, is owned by the Stokes family and will be auctioned in four separate lots by Nutrien Harcourts on October 13.
The largest is the 2419ha Blue Hills on the Wilochra Plain, 21km south east of Quorn. The well improved breeding country is running 600 ewes and 400 replacements and is well watered by three bores and three dams.
It is expected to be hotly contested by neighbours, locals and from southern SA producers seeking expansion – with a view to achieving around $1 million.
Selling agent Tim Wooley said the other three parcels of land are dual purpose country.
“The current owner has been running them as a grazing enterprise with 1000 dry sheep equivalents. However, it is spectacular country and some people may wish to own a part of the Flinders Ranges,” he said.
Around $800,000 is anticipated for the 2174ha Hills portion (Lot 2). Located 21km north of Quorn, the scenic country has access to Warrens Gorge. Naturally watered by two springs, the vendor has been running 800 wethers.
Lot 3 is the 440ha Top Place, 23km from Quorn in the picturesque Arden Vale Valley. Featuring the gum lined Mount Arden Creek, it is watered by a permanent bore. The vendor has used this portion of the property to shear sheep from the ranges and grow out wether hoggets which are then returned to (Lot 2) Hills. It is expected to make around $400,000.
The smallest, Lot 4 is the 95ha Long Paddock, situated 27km north of Quorn and directly across from (Lot 3) Top Place. It features the gum lined Mount Arden Creek and is watered by a solar equipped bore. It is anticipated to achieve $150,000.