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.
- Rain delays sale of NSW’s Strathdarr
- Three blocks in Cobar attract strong inquiry
- Big body of feed in SA’s south east
Rain delays sale of NSW’s Strathdarr
Rain has postponed the auction of Strathdarr, a standout mixed-farming property on the north western slopes of New South Wales, until early next year.
The 1522ha holding at Crooble near the Queensland border, 60km north-east of Moree and 120km from Goondiwindi, is being offered to the market for the second time in 100 years.
Strathdarr has been held by Andrew and Angela Doering, who operate the Spring Creek Santa Gertrudis Stud, for the past 17 years.
Clayton Smith from JLL Agribusiness said the standalone enterprise is suitable for breeding, backgrounding or fattening livestock along with grain growing capabilities.
“It as an opportunity for local and domestic entities to expand on an existing holding, or for new industry participants to create a footprint in a highly regarded region,” he said.
As part of a broader supply chain, Strathdarr has historically been used as a fattening depot for the Doering’s northern breeder herd in Queensland, with the property being sold to concentrate on expanding this operation.
Mr Smith said the vendors have significantly improved the holding since 2004.
“The Doering’s have expanded the arable areas to more than 1000ha across the property, as well as establishing irrigation infrastructure resulting in an efficient and productive agricultural enterprise of scale.”
There is added operational security from irrigation infrastructure which features a 90ha centre pivot, underpinned by a 250ML irrigation dam and secure groundwater licences.
Identifiable opportunities exist for further development including continued rollout of improved pastures along with a feedlot (STCA), with quality water available from both bore and overland flow catchments.
Cobar country attracts strong inquiry
There has been strong interest in another add-on or starter block being marketed by David Russell from Landmark Russell Cobar.
The 4983ha Shuttleton is located 30km west of Nymagee and 80km south of Cobar in New South Wales’ north west.
It is being sold for the first time in around 100 years by Tony Betts who is retiring.
Carrying a good body of natural grasses and herbages, the country features picturesque hills, valleys, natural semi open kurrajong, box flats and a variety of edible scrub.
The property is watered by eight dams.
Shuttleton can carry around 1000 breeding ewes. Seasonally, it sells around 800 rangeland goats (weighing over 22kg) a year.
The block will be auctioned online on December 8, with bidding expected to start at $1.2m.
Pennington’s and Yimkin
Cobar’s Pennington’s and adjoining Yimkin will be auctioned online separately by Landmark Russell on December 16.
The 8609ha Pennington’s, 82km north east of Cobar, and the neighbouring 5577ha Yimkin, 77km north east of Cobar, have been run as goat breeding and backgrounding properties.
Owned since 2016 by Phil and Jenny Wesley, the couple is now looking to consolidate after purchasing country at Parkes.
Pennington’s is well set up with electric fencing and trap yards – harvesting around 1500 head of nomadic goats per annum.
The country features slightly undulating to higher hilly outcrops timbered with pine and wilga. The fertile box and pine flats are heavily grassed with a variety of edible fodder including wild orange, curran bush and rosewood.
It is watered by seven dams and a bore.
The adjoining Yimkin features highly fertile red loam country that is slightly undulating, timbered with pine and wilga box with plentiful natural grasses and herbages. It has a large variety of edible fodder used in dry times.
Yimkin has sound fencing trapping around 600 head of nomadic goats a year and is watered by six dams.
Selling agent David Russell said the properties are suited to goats and sheep.
“While purchasing both would increase land scale and carrying capacity, I believe the properties will sell separately, as starter blocks or as add-ons, given the level of inquiry.”
The sale of Pennington’s is contingent on Yimkin selling.
Big body of feed in SA’s south east
Registrations of interest are being sought for a strong grazing block boasting a big body of feed in South Australia’s south east.
The 768ha Carcuma 17 is located at Coonalpyn, 150km from Adelaide.
It has a history of consistently producing prime beef and fodder on productive pastures that can support 150 cows and cows.
The picturesque property has been destocked since late August providing an abundance of fodder.
The country features gently undulating grey sandy loams over clay to some strong red and brown soils over limestone. Flats are ideal for cropping and hay production.
Carcuma 17 is watered by two solar-powered bores supplying water to three large concrete tanks, which is then reticulated to troughs in all the paddocks.
Geoff Watts from Nutrien Harcourts Keith described it as an easy-care grazing property, saying Carcuma 17 was perfectly set up for an absentee owner.
“It is well set up, has a good set of yards, is well fenced and watered (almost fool proof watering system), has good access and is situated in a reliable area.”
The property is expected to make between $3650/ha to $4000/ha. Registrations of interest for Carcuma 17 close on December 17.