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

• Bullo River country to sell after 114 years of ownership
• Former CQ Droughtmaster stud returns to the market
• Widespread inquiry for Tibooburra’s Lake Stewart
• QLD’s well grassed and watered Lorne
• Fencing & water on NSW’s Maneroo

 

Bullo River country to sell after 114 years of ownership

After 114 years of ownership, the Richardson family is selling its Bullo River cattle station Leopardwood Park in south west Queensland.

The 28,595ha property is located 20km north of Adavale and 140km north east of Quilpie.

The flood-out country features creeks intertwined through soft loamy box flats, gidgee and mulga.

Plentiful water is sourced from dams, bores, permanent and semi-permanent holes in the watercourses, as well as tanks and troughs.

Like many of the stations in the Quilpie area, Leopardwood Park was historically a sheep station, with cattle run during good seasons.

Today, the operation is running 800 breeding cattle (during good seasons) on buffel, Mitchell and Queensland blue grass pastures, with a strong balance of mulga reserves.

Andrew McCallum from Nutrien Harcourts GDL said Leopardwood Park was a ‘clean, green’ aggregation with sweet productive country producing quality stock, complimented by excellent watering facilities.

He said the retiring vendors, Vin and Jenny Richardson, have invested a lifetime of work into developing the beef cattle asset.

“The property features exceptional infrastructure with a well-executed farm layout. Trap yards and a network of laneways provide a low cost and low stress cattle management system.”

Seventy percent of fences are less than 10 years old and land management programs, such as blade ploughing, clearing, stick raking and ponding, have led to an increased carrying capacity`.

A feature on Leopardwood is a small carbon offset contract that provides an annual income.

Mr McCallum reports good interest from larger families and producers seeking reliable and robust breeder country in western Queensland.

Leopardwood Park will be auctioned online on April 21. Video: Click here

 

Former CQ Droughtmaster stud returns to the market

Meantime, Nutrien Harcourts GDL is offering Durack, a 715ha well grassed backgrounding block near Baralaba in Central Queensland.

In 2015, Gold Coast based Carl Simpson from Simpson Agribusiness purchased the Angle Zed Droughtmaster stud from Bill Zahnleiter for $2.5 million.

After seven years ownership, Mr Simpson has now decided to retire and relocate closer to family.

Durack has rich red chocolatey soils with grasses supported by a variety of legumes that can provide for 400 adult equivalents.

The country features gently undulating softwood scrub shaded with bauhinia, brigalow, blackbutt and bottle trees, complimented by 200ha of well-established leucaena.

Durack fronts the Don River and is securely watered by nine dams supplying three tanks and 17 troughs across the property.

Selling agent Josh Heck said the property was well set up for any enterprise.

“It is a really tidy property that is big enough to be a going concern, but also small enough for entry level players. Most of the inquiry is coming from locals, western Queensland and southern producers.”

Durack will be auctioned online on April 12.

 

Widespread inquiry for Tibooburra’s Lake Stewart

Lake Stewart Station, in New South Wales’ far west, is being offered for sale by Kelvin Westbrook after 40 years of ownership.

Lake Stewart is the last of Mr Westbrook’s station holdings. Over the years, he has sold three adjoining western division pastoral leases. He is planning to relocate and focus on developing his lamb and irrigation property in South Australia’s Riverland.

The 67,955ha Lake Stewart, 80km west of Tibooburra and 390km north of Broken Hill, is suitable for both cattle and sheep, and after recent rain is boasting abundant feed.

Simon McIntyre from Nutrien Harcourts reports that since the start of the year, the operation has received around 90mm.

“Lake Stewart is the best I have ever seen it and is showcasing what this country can produce. It is brimming with sweet western native pastures concentrated with a high protein content.”

“The incoming purchaser can take advantage of the terrific feed by stocking it immediately with cattle and or sheep,” Mr McIntyre said.

Lake Stewart has been lightly stocked with 1500 ewes and 200 cattle but is capable of running 10,000 dry sheep equivalents plus 200 breeding cows and followers.

The country features open plains, rolling sandhills and productive valleys with alluvial flats.

A significant pipeline watering system from two bores services the station, supported by 13 dams.

Mr McIntyre said with the bitumen road from Broken Hill to Tibooburra being completed, the challenges of isolation and access have greatly improved, assisting with the transport of livestock to southern markets.

He is expecting widespread inquiry, with initial interest coming from locals and producers from eastern New South Wales and Victoria.

Lake Stewart is being offered for sale bare, by registration of interest closing on May 9, with settlement expected in July.

 

QLD’s well grassed and watered Lorne

Central western Queensland’s Lorne will be auctioned on April 22 by Ray White Rural.

The well-grassed and watered cattle backgrounding property, spanning 15,800ha, is located 60km south of Blackall and 100km west of Tambo.

The country comprises deep cracking clay soils growing a mix of Mitchell, buffel, Flinders, button grass, herbages and native succulents. The downs country is lightly timbered by gidgee, coolibah and bauhina.

Exclusion fencing is in place on the western boundary and part of the southern boundary.

Lorne is watered by eight dams and an artesian bore that is reticulated to 27 tanks and troughs.

The purchaser will be offered early access for 2000 backgrounders.

The marketing and sale of Lorne is being handled by Mark Scherwin from Ray White Rural.

 

Fencing & water on NSW’s Maneroo

After three generations and 95 years of ownership, the Anderson family is selling the 2500ha mixed grazing and cropping property Maneroo in New South Wales’ north west.

Located 37km south east of Moree, the standalone operation comprises 1781ha of arable country, with the balance selectively cleared to open grazing. The country runs around 1000 ewes plus replacements and between 140 and 150 cows and progeny.

A summer and winter dryland farming program is used to improve nitrogen and is incorporated as part of the livestock program.

Retiring vendor Robert Anderson said fencing and water are a feature of the property.

“It is well subdivided into 40 main paddocks, all with water access and very good fencing. Maneroo also features double frontage to the Tycannah Creek and is watered by eight bores and five dams.”

While Maneroo has always been run as a mixed operation, Mr Anderson said the incoming purchaser could run the property as an intensive grazing enterprise, with an estimated carrying capacity three times the current livestock numbers.

Maneroo is being offered for sale by Moree Real Estate via expressions of interest closing on April 22.

 

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