THIS week’s property review includes his wrap-up of interesting recent listings across the country, and a separate article of recently completed sales of note.
- Stirling Buntine lists his Western QLD aggregation
- Development potential in the Douglas Daly
- Floodplain grazing in the Top End
- Blue ribbon cattle country at Kilcoy
- Reliable eastern falls grazing in northern NSW
- Romeo Roxas offloads his western NSW holdings
Stirling Buntine lists his Western QLD aggregation
Northern cattle identity Stirling Buntine has listed his large-scale breeding, backgrounding and fattening aggregation in western Queensland after less than three years ownership.
The 54,300ha Tulmur, 14,140ha Tranby and 6220ha Owens Creek were secured by Mr Buntine during the 2019 drought for $7.8 million bare.
Two of the three properties are neighbouring – Tulmur is 50km from Winton, while Tranby is 80km from Winton. Owens Creek is located 65km from Winton.
In addition to the 74,660ha on offer, there is 5500ha of potential access to the River Channel stock route.
The Diamantina River flood-out and channel country features Mitchell/Flinders coolibah and gidgee creek flats, with buffel in associated watercourses.
Water is supplied on Tranby by a flowing bore servicing tanks and troughs, while Tulmur is watered by dams and waterholes in the Diamantina River, and Owens Creek has four dams.
Currently lightly stocked with 450 head of cattle, the aggregation is estimated to run around 4000 adult equivalents or 3000 breeders plus progeny.
Tulmur, Tranby and Owens Creek will be auctioned by JLL Agribusiness and Rural Property and Livestock on May 10 bare of livestock, plant and equipment.
Development potential in the Douglas Daly
Andy Gray from AG Land & Livestock and Rawdon Briggs from Colliers Agribusiness have teamed up to sell Douglas South, two hours south of Darwin.
The 55,570ha pastoral lease is situated in the highly regarded Douglas Daly region of the Northern Territory’s Top End that is becoming the focal point for dryland and irrigated cotton cropping.
Other successful agricultural and horticultural pursuits in the region include improved pastures for livestock backgrounding, hay production and melon crops.
Douglas South once formed part of the adjoining Douglas Station which is being retained by Tony and Michelle Hayne. The couple has owned the property since 2015 and will now consolidate their current assets.
The block is fully fenced with double bitumen frontage, providing wet season livestock market access, and can carry around 5000 head of mixed cattle.
Benefitting from a 1200mm average annual wet season rainfall, Douglas South is watered by a series of bores, natural springs and waterholes. The pristine Douglas River traverses the eastern portion of the property.
Blain and Tippera soils overlay the Jinduckin and Tindal aquifers that are predicted to supply yields of up to 50lps (NT Government Daly Basin Aquifers).
Mr Gray said Douglas South was an undeveloped block giving the incoming purchaser plenty of upside.
“Subject to NT government regulations, the new owner can take Douglas South to the next stage of development as evidenced by the surrounding freehold properties.”
Douglas South is offered bare of stock via an expressions of interest campaign closing on May 26.
Floodplain grazing in the Top End
Around $15 million is anticipated for the Top End’s Annaburroo Station which has been listed by Greg Thompson after 20 years ownership.
Located at Point Stuart, 70km from Adelaide River and 130km east of Darwin, the 29,000ha cattle station features Mary River floodplains and 810ha that have been cleared for farming.
Annaburroo is conservatively running 2500 breeders, but with further development it should be able to run 7500 head of cattle.
Olivia Thompson from Nutrien Harcourts said Annaburroo would give the incoming purchaser an off-season and location advantage.
“The station is 150km from the Port of Darwin which means it is an ideal holding for a producer with country further south relying on the live export trade.”
Expressions of interest close on May 26.
Blue ribbon cattle country at Kilcoy
Blue ribbon cattle country in Queensland’s southeast is being offered for sale for the first time since the 1890s.
The 1372ha Brooklyn is close to the Sunshine Coast, 10 minutes from Kilcoy and 45 minutes from Caboolture.
The property has been held by four generations of the Ferling family and is being sold by Graham “Snow” Duncan who is retiring.
Mike Barry from Shepherdson & Boyd said a property like Brooklyn has never been offered to the Kilcoy market.
“Situated in the heart of premiere cattle country, it is the pick of the best and that is why it is going to auction because we honestly don’t know what it is worth.”
Mr Barry said there has been overwhelming interest in the holding from Queensland to Victoria.
Located in a reliable 900-950mm rainfall area, Brooklyn is a well-developed and maintained property featuring a circa 1920s high set Queenslander. The country comprises expansive flats, hollows and gently rolling hills, as well as a small area of timbered, higher country.
Brooklyn is renowned for producing finished, prime heavy bullocks. Over many years, it has been conservatively stocked with 600 breeders, 650 steers to prime finished bullocks or 850 young cattle.
There is an abundance of natural water including frontage to the permanent Sheep Station and Oakey Creeks, permanent watercourses, 14 dams, two lagoons and an equipped bore.
Brooklyn will be auctioned on May 24.
Reliable eastern falls grazing in northern NSW
After 23 years, Simon and Michelle Murray are retiring and offloading their reliable eastern falls grazing property in northern New South Wales.
The 923ha Bambi, pictured at top of page, is centrally located, 41km east of Guyra, 43km to Ebor and 54km to Armidale.
In recent years the block has been run as a cattle-only operation with a 350 head breeding cow carrying capacity.
Bambi features mostly traprock soils, a pasture improvement program and excellent water security via a network of troughs, dams and creeks.
Andrew Starr from Ray White Rural said Bambi was benefitting from an above average rainfall year.
“The property is fully destocked and is carrying an abundance of grass.”
Mr Starr said Bambi offered upsides.
“While some of the country has been developed, there is still further improvements in production that could be achieved with additional inputs.”
Bambi will be auctioned on May 18.
Romeo Roxas offloads his western NSW holdings
Filipino lawyer and businessman Romeo Roxas is offloading his two western New South Wales holdings to further develop his Central Australian cattle station Murray Downs, 400km north of Alice Springs.
David Russell from Landmark Russell Cobar has been appointed to sell Kopyje Station and Scrubby on Yanda.
The 8806ha Kopyje Station, 35km north of Nymagee and 115km south west of Nyngan, is carrying a huge body of native grass and is watered by 14 earth dams.
Around 2420ha is arable but has not been farmed since 2009.
The country is flat to slightly undulating red loams to grey soils timbered by box kurrajong, pine, mallee ridges, rosewood and wilga.
Kopyje is currently running 322 cows and followers, 10 bulls and 300 Dorper ewes. It harvests around 1200 nomadic rangeland goats a year.
It will be auctioned on May 25.
Meantime, the 1187ha Scrubby on Yanda is located 12km east of Cobar.
The property is also growing a huge body of summer grasses and a variety of natural herbages.
The country features mostly timbered red loam country with a variety of edible fodder, including wild orange, wilga, mulga, rosewood and curran bush, as well as box flood-out flats.
The property is watered by the Yanda Creek, two other creek systems and two earth dams.
Scrubby on Yanda, which can carry around 300 Dorpers and nannies, will be auctioned online on April 27.
Vendor Romeo Roxas is president and chairman of the Green Square Properties Corporation and the Green Circle Properties and Resources Inc and has developed master-planned industrial, educational and resort cities in the Aurora and Quezon provinces on the eastern Philippines seaboard.
In 2015, Mr Roxas made headlines when he paid more than $23 million (including 18,000 head of cattle) for 559,500ha Murray Downs and the 265,600ha Epenarra, north of Alice Springs.
In February 2019, Mr Roxas sold the 2752sq km Pine Hill Station, 150km north of Alice Springs, for around $12 million, including 5500 head of mixed cattle.
In June 2019, he sold the 265,800ha lower Barkly Tablelands Epenarra Station for just over $14 million on a walk-in, walk-out basis with extensive plant and store, as well as 8000 Droughtmaster cattle.