Property

Movement at the station: Recent property listings

Property editor Linda Rowley, 11/05/2022

Bordering a national park and state forest, Penyrhoel Station (see details below) is 15km north east of Gympie, 55km north west of Noosa Heads and 160km north west of Brisbane.

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 grazing in Central Queensland
  • Sought-after coastal QLD breeder block
  • Dingle’s Alarm Creek up for grabs
  • $7m+ for QLD Sunshine coast block
  • NSW & QLD interest in Yetman grazing
  • Prime fodder factory north west of Brisbane
  • Mungallala’s Larnook listed for $10.5m
  • EOI’s closing for SA’s Grasslands
  • Livestock or lifestyle in Bourke

 

Productive grazing in Central Queensland

Strong competition is likely for the Murray family’s Amberkolly Station in Central Queensland’s Whitsunday region.

Owned by the family since the 1950s, the 14,763ha property is 35 minutes south of Collinsville.

The entire property is productive grazing country with around 45 percent strong buffel fattening country and the remainder alluvial flats, sandy loam, black soil flats and undulating ridges.

Carrying capacity is estimated at 2000 mixed cattle (calves not included), with around 1000 head included in the sale.

Gary Johns from Nutrien Harcourts said Amberkolly had been conservatively stocked and is in good shape following recent rain.

“There has been strong interest from producers looking to expand and from others with cattle on agistment who now need a place to buy. Another drawcard is its road train access,” he said.

While Mr Johns was unable to disclose a price, it is understood interested parties have been given a price range between $10 million and $16 million depending on the final cattle numbers.

Amberkolly has double frontage to the Broken River, Little Bowen, Spring and Cocoa Creeks. It also fronts the Dart Creek and is watered by two bores and three dams.

Mr Johns said Amberkolly also had farming potential with excellent fertile flats suitable for centre pivots.

Expression of interest close on July 11.

Carrying capacity on Amberkolly is estimated at 2000 mixed cattle (calves not included), with around 1000 head included in the sale.

 

Sought-after coastal QLD breeder block

Tightly held country on Central Queensland’s Marian Weir is attracting inquiry from western producers looking for a coastal block to run breeders.

Located at Devereux Creek, the 200 hectares of fertile volcanic and alluvial soils can run up to 300 breeders.

Fronting the Pioneer River for 1.7km, the Marian Weir Irrigation Farm is also watered by a 353ML allocation and a three-phase pump site into high pressure underground mains and hydrants.

An area has been set aside for a large storage dam.

Gary Johns from Nutrien Harcourts said properties fronting the Marian Weir rarely came to the market.

“It is a unique opportunity to acquire productive irrigated pasture ideal for rotational grazing, cane, legume crops, orcharding or hay production,” he said.

The property also offers lifestyle and development potential.

“The Marian Weir ski club is situated close by. With the property held over six titles, the successful purchaser can realign the boundary into five river frontage blocks.”

Expressions of interest close on June 6 with locals anticipating it could make between $5m and $8m.

Fronting the Pioneer River for 1.7km, the Marian Weir Irrigation Farm is also watered by a 353ML allocation and a three-phase pump site into high pressure underground mains and hydrants.

 

Dingle’s Alarm Creek up for grabs

A sizeable grazing block in Central Queensland that can comfortably run 1000 cows is attracting good interest, particularly from locals and large family operators.

Owned since 1994 by well-known breeders Joyce and the late Des Dingle, the 4727ha Alarm Creek is situated about halfway between Mount Larcom and Calliope and is 50km from Gladstone.

Around 1700ha is well-developed blue gum river flat country with areas of ponded pastures. The balance is mostly cleared, undulating forest country running into grass hollows.

The property fronts the Calliope River, Harper and Alarm Creeks. Water is also secured via a 100 megalitre water licence, 13 bores, dams and permanent lagoons.

Andrew McCallum from Nutrien Harcourts GDL said a property of this size and calibre seldom becomes available in this region.

“Alarm Creek is presenting a good body of feed on strong and healthy country in an area well regarded for its performance, capital appreciation and reliability.”

Mr McCallum believes it will tick several boxes for a range of buyers.

“Alarm Creek boasts secure water, conservative management and continuous development. It is being offered with 918 breeders and progeny, plant and equipment.”

Alarm Creek will be auctioned on June 14.

Owned since 1994 by well-known breeders Joyce and the late Des Dingle, the 4727ha Alarm Creek is situated about halfway between Mount Larcom and Calliope.

 

$7m+ sought for QLD Sunshine coast block

A large-scale grazing asset on Queensland’s Sunshine Coast could make more than $7 million when it is auctioned later this month.

Bordering a national park and state forest, Penyrhoel Station is 15km north east of Gympie, 55km north west of Noosa Heads and 160km north west of Brisbane.

Owned by a Queensland partnership, the 895ha property boasts views north to Tin Can Bay and south to the Noosa Hinterland.

The breeding and backgrounding operation for stud and commercial cattle is currently running more than 600 breeders on native and improved pastures.

There is significant cattle infrastructure on Penyrhoel including 7km of internal laneways and purpose-built quality steel cattle yards with a calf and spray race.

Around 20ha is established to irrigated pasture with permanent sprinklers.

The property is watered by two large spring-fed dams, spring-fed creeks and natural waterholes.

Existing underground mains are found across the holding allowing for future potential uses, such as further intensive cell grazing or horticulture (subject to further development).

Pockets of established timber have been assessed and left for future milling purposes.

Penyrhoel will be sold via online auction by the Resolute Property Group and Colliers Agribusiness on May 31.

 

NSW & QLD interest in Yetman grazing

Meantime, the Resolute Property Group is auctioning 1962ha of grazing country at Yetman, in northern New South Wales.

For the past 20 years, Lisgar has been owned by Simone and Shane Tully who are now seeking a change in direction.

Selling agent Ben Forrest said there has been good interest from cattle producers and mixed farm operators due to its central location – between Inverell and Goondiwindi across the border in Queensland.

Situated in a 700mm annual average rainfall region, Lisgar is watered by three bores and multiple dams.

It is being sold bare of livestock but is able to run up to 500 breeders. The neighbouring stock route provides additional grazing.

Featuring highway frontage, Lisgar has a mix of bluegrass, vetches, medics and native grasses, as well as 151ha of cultivation with additional areas clearable for pasture or farming.

Lisgar will be auctioned on June 10.

Lisgar is being sold bare of livestock but is able to run up to 500 breeders. The neighbouring stock route provides additional grazing.

 

Prime fodder factory north west of Brisbane

There has been no shortage of interest in the Black family’s 408ha prime fodder factory at Nanango, 190km northwest of Brisbane.

Situated in a 790mm per annum average rainfall area and centrally located to markets, 267 McNamara Road Nanango features irrigation, dryland and grazing.

The mixed farming block has a registered feedlot licence with potential for expansion.

Ben Forrest from the Resolute Property Group said the holding can produce enough fodder to feed into a livestock enterprise.

“It is extremely well-watered with dual creek frontage, 336ML in water licences, two new centre pivots, a 50ML on farm storage dam and numerous bores. Another dam site exists for an additional 800ML of water storage.”

The property will be sold via online auction this Friday, May 13.

 

Mungallala’s Larnook listed for $10.5m

The 4179ha well-developed grazing property Larnook, adjacent to the township of Mungallala in Queensland’s Maranoa, has been listed for $10.5 million.

Located 130km west of Roma and boasting a big body of feed, Larnook is suited to breeding, fattening, backgrounding or potential lotfeeding.

The country is undulating brigalow and box, bottletree with bendee soils, with the balance pulled and racked.

Around 2800 hectares have been blade-ploughed and established to silk sorghum and buffel grass. Around 200ha is ready for oats.

During his four years ownership, Joe Henry has installed 32km of boundary exclusion fencing, 20km of new internal netting fencing, 7km of new laneways and 13 new watering points.

There is an automated water system with a bore supplying an 80,000g tank (with observant monitoring) gravity fed to troughs.

Darryl Langton from Nutrien Harcourts is handling the sale of Larnook.

The 4179ha well-developed grazing property Larnook, adjacent to the township of Mungallala in Queensland’s Maranoa, has been listed for $10.5 million.

 

EOI’s closing for SA’s Grasslands

More than $3.5 million is anticipated for South Australia’s Grasslands, a versatile mixed farming property suited to livestock, wool, grain and fodder production.

The 1598ha property is located at Sherlock, 25km east of Tailem Bend and 50km south east of Murray Bridge, at the juncture of the Murraylands, Southern Mallee and Upper South East regions.

For the past eight years, the property has been owned by Patrick and Stacey Kerin who are now consolidating their operations.

Jesse Manuel from Colliers Agribusiness said there had been strong interest from local and Victorian producers.

“Grasslands is an ideal stand-alone mixed farming asset. Alternatively, it is an opportunity to integrate with an existing farming or livestock business either for local operators looking to expand or outside buyers looking for geographical or commodity diversification.”

Grasslands also lends itself to more intensive livestock opportunities subject to necessary consents and approvals.

Expressions of interest for Grasslands close on May 12.

More than $3.5 million is anticipated for South Australia’s Grasslands, a versatile mixed farming property suited to livestock, wool, grain and fodder production.

Livestock or lifestyle in Bourke

City people seeking a lifestyle block could outbid local producers seeking expansion in New South Wales’ far west.

After 12 years ownership, Windsor-based John Thatcher has decided to offload Richmond, a 3452ha western lands lease, 30km south of Bourke and 130km north of Cobar.

Greg Seiler from Nutrien Harcourts said Bourke was once perceived as being in the middle of nowhere but it is centrally located, with similar access to Sydney, Brisbane or Adelaide.

“People keen to escape the city, don’t mind spending eight hours in the car to spend time away in the country with friends and family.”

Vendor John Thatcher has developed the cattle and sheep property by improving and upgrading fences, installing yards and shedding, as well as trapping the waters for harvesting goats.

Richmond features red loam soils with areas of woody weeds. Box flats and swamps are dispersed throughout the property.

There is a HIR Carbon Project in place that is contracted with the Australian Government until 2027. More details will be provided to qualified purchasers after a non-disclosure agreement has been executed.

Richmond will be auctioned on June 16 with extensive plant and equipment.

After 12 years ownership, Windsor-based John Thatcher has decided to offload Richmond, a 3452ha western lands lease, 30km south of Bourke and 130km north of Cobar.

 

Click here to access more properties listed for sale

 

 

 

 

 

 

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