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.

• Luxury with integrated beef opportunity in FNQ
• Safe grazing at Eulo
• Drought resistant Cooper Creek country
• Strong inquiry for Roma feedlot
• Nanango fodder factory back up for grabs

Luxury with integrated beef opportunity in FNQ

An integrated breeding and coastal fattening opportunity in Far North Queensland is being offered for sale by luxury hotel and residential interior design company, the GA Group.

During its three years of ownership, the company has been producing Crystalbrook Signature Beef, bringing a ‘farm to table’ experience to its Australian restaurants.

Crystalbrook Station

The 33,900ha Crystalbrook Station is located near Chillagoe, 220km west of Cairns and features mainly black spear grass and native species with areas of seca stylo.

The boundary-fenced property features two sets of brand-new modern design steel yards complete with crush, draft pounds, branding cradles and loading facilities.

Crystalbrook is being offered with around 2748 head of Brahman and Brahman cross breeders, as well as plant and equipment.

It is watered by more than 26 dams and 13 bores. The Sandy Tate River runs through the southern end of the property providing several permanent and semi-permanent holes.

Crystalbrook features a luxury (fully furnished and operational) homestead catering for up to ten guests. The wet-edge pool overlooks a barramundi-stocked lake covering 120ha and holding 3000 megalitres of water.

Silkwood Station

Silkwood, which is being sold bare of livestock, provides drought free coastal fattening and backgrounding grazing country. It is a key component of Crystalbrook Station’s supply chain by growing out and finishing progeny.

The 431ha property carrying improved tropical pasture grasses and legumes is situated on the Cassowary Coast, 30 minutes from Innisfail, 25 minutes from Mission Beach and a little under two hours from Cairns.

Silkwood comprises four adjoining farms, two homesteads, excellent shedding, two sets of yards, good fencing and access.

Selling agent Peter McPherson from Queensland Rural believes interest will come from local family operators or a city-based investor.

Crystalbrook and Silkwood Stations are being offered as one integrated unit. If they are not sold at auction on June 30, they will be offered separately.

 

Safe grazing at Eulo

After 40 years ownership, Scott Haig is retiring and offering to the market Eulo’s safe productive Dundoo Station in south-west Queensland.

Located 70km west of Eulo and 140km west of Cunnamulla, the 44,500ha property is suitable for grazing cattle and sheep, with the vendor running up to 1200 cows plus progeny.

Selling agent Andrew Adcock from Adcock Partners is confident interest will come from all sectors of the market.

“Many producers view western Queensland country as ‘more affordable’ due to the urban crawl. A similar scale property at Roma would sell for around $30 million,” he said.

While Mr Adcock would not disclose a price range, other sales in the area have achieved more than $6000/cow area.

Dundoo is mostly open mulga rangelands interspersed with local creeks and watercourses running into areas of open flood-out country and lignum swamps.

Pasture includes mulga oats, mulga Mitchell, blue bush, wild millet, never fail plus a large variety of salines and herbages in season.

Dundoo is extremely well watered. It has two capped artesian bores with an extensive pipeline and trough system and a series of local watercourses with semi-permanent waterholes. The Yowah Creek dissects the property, with a 1.5km long waterhole at the homestead. There are three dams with one covering 1600ha when full.

The incoming purchaser will be able to take advantage of the carbon market as there is currently no scheme attached.

Dundoo Station will be auctioned with basic station plant on July 6.

 

Drought resistant Cooper Creek country

Tightly held Cooper Creek country, in Queensland’s central west, will be auctioned online via Zoom on June 30.

After 22 years of family ownership, David Cross has decided to change direction and sell the 26,985ha Currareva, 18km east of Windorah and 230km west of Quilpie.

Mr Cross said the property is situated in drought resilient country, performing well during dry and wet seasons.

“Recent flooding means the country will grow an abundance of different grasses and herbages that will fatten cattle and carry through for the next 12 to 18 months.”

Mr Cross said Currareva is experiencing an exceptional season.

“The country is the best you will ever see, and this is how it lends itself to dry times. The incoming purchaser will have two to three years feed depending on how it is managed.”

Currareva is also watered by five sub-artesian bores, three dams and a 13km frontage to the Cooper Creek. This stretch of water, which is more than 10m deep in parts, has never gone dry.

Two 10,000MGL irrigation licences will also be included in the sale.

A third of the property is flood-out Cooper Creek country, one third is sweet stony gidgee, mulga and box flat ridges and the remainder is spinifex red sandy mulga country.

Currareva is running more than a thousand mixed cattle and boundary fencing has been renewed in the last ten years.

The sale is being handled by Andrew McCallum from Nutrien Harcourts GDL.

Strong inquiry for Roma feedlot

There is solid interest for a diverse integrated beef enterprise close to Roma in southern Queensland.

Spanning 548 hectares, Bellevue is situated 28km south-west of Roma in the Mount Abundance area.

Owned by Justin and Sherrill Stivano for 19 years, the accredited 1580 standard cattle unit feedlot is offered with a 112ML intensive water licence and development approval for 5000 SCU.

Darryl Langton from Nutrien Harcourts said inquiry is coming from northern New South Wales and southern Queensland.

“They are mainly existing feedlot industry participants and larger family groups looking to diversify their grass-fed operations.”

Mr Langton said Bellevue offered cattle producers the ultimate finishing operation in all seasons.

“It is an operational turn-key enterprise, with modern plant and machinery available to the successful purchaser.”

Bellevue incorporates 486ha of brigalow, belah and bottletree softwood soils that can be cropped.

Currently, 300ha is planted to oats with 100ha of late forage sorghum. The vendors use the cultivation predominately for a hay production enterprise, with storage for around 9000 round bales.

Bellevue will be auctioned bare of livestock on June 23.

Passed in: Nanango fodder factory back up for grabs

Featuring irrigation, dryland and grazing, 267 McNamara Road Nanango has been listed for sale after passing in recently on a vendor’s bid of $11.25 million.

Owned by the Black family, the 408ha prime fodder factory is located in Queensland’s South Burnett region, 190km northwest of Brisbane.

Situated in a 790mm per annum average rainfall area and centrally located to markets, the mixed farming block has a registered feedlot licence with potential for expansion.

Ben Forrest from 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,” he said.

 

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