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.
- Heavy carrying capacity country in tightly held CQ
- Safe reliable cattle breeding country in QLD’s Gulf
- SE QLD productive & highly improved beef powerhouse
- Large Victorian asset expected to achieve $5m+
Heavy carrying capacity country in tightly held CQ
A strong performing beef factory in Central Queensland’s Dawson Valley will be auctioned bare of stock and plant by Hourn & Bishop Qld on September 29.
Located at Isla, 15km south of Theodore and 75km north of Taroom, Malo spans 2898ha in a 663mm rainfall area.
It is being sold by the Jones family after 50 years ownership to dissolve a family estate.
Selling agent Brad Hanson said Malo, pictured above, was a quality property in a tightly held area.
“Malo is heavy carrying capacity country featuring deep fertile soils. It is capable of breeding, growing or fattening and is currently boasting a good body of grass,” he said.
“It is well located, close to a range of markets, and has generated good interest with very few properties on that section of the road coming to market in the last 30 years.”
The gentle undulating grazing country on Malo comprises deep, rich brigalow, belah, bonewood, bottle tree and softwood scrub that can run 1300 adult equivalents.
Safe reliable cattle breeding country in QLD’s Gulf
Safe Gulf of Carpentaria cattle breeding country is being offered for sale by the Simmons family partnership after 20 years ownership.
The 76,600ha Timora Station is situated 80km south-east of Normanton and 110km west of Croydon in Queensland’s Gulf of Carpentaria, one of Australia’s most reliable rainfall areas.
The Simmons family, who own neighbouring properties as well as country south of Julia Creek and Kynuna, are divesting the breeding country to allow them to expand into more backgrounding and fattening.
Matthew Kennedy from Kennedy Rural estimates the property will sell for around $3000/cow area, which means Timora should achieve upwards of $11 million.
He said the station was well-developed, well-watered and well managed.
“Timora Station has plenty of grass, with one paddock intentionally destocked since late 2021. There are good improvements, fencing and working plant, as well as very good access,” he said.
With high demand and low supply, particularly in North Queensland, Mr Kennedy has been inundated with inquiries.
No livestock are included in the sale, however the vendors have been conservatively running around 4000 breeding cows. In the past, the property has carried up to 5000 cows.
The country is semi-open forest with mostly tea tree, quinine, box and some wattle. There are about 5200ha of improved pastures.
Watered annually by a 900mm rainfall, the station has 30 dams and 15 natural waterholes.
Timora is being offered for sale (with some plant and equipment) by tender closing on September 5.
SE QLD productive & highly improved beef powerhouse
After 18 years of ownership, Don and Julie Hurrell are offering their productive and highly improved beef powerhouse in south-east Queensland.
Home to the HH Park Brahman Stud, Warrawee can carry around 270 breeders and calves.
Situated at Upper Glastonbury, 20 minutes south-west of Gympie and two hours from Brisbane, the 395ha property boasts some of the best valley views of the surrounding ranges in the Glastonbury National Park.
Jez McNamara from Ray White Rural said the Hurrells had invested time and money into making Warrawee a top-class cattle property.
He said Warrawee was attracting interest from producers wishing to downsize and from those seeking a standalone property or a bolt-on acquisition.
“The inquiry is widespread – from locals, Victorians and from western and central Queensland producers (with backgrounding or cell grazing blocks) seeking breeder country.”
The country on Warrawee consists of gently rolling scrub soil hills, sheltered mountain grazing and fertile creek flats boasting rich alluvial soils ideal for fodder production or improved pastures.
Water is secured by an irrigation licence for 12ha, multiple spring-fed dams and creeks, permanent waterholes and a 35,000 gallon water storage tank.
Warrawee will be auctioned bare of livestock on August 26. The HH Park Brahman stud herd will be offered as a separate sale.
Large Victorian asset expected to achieve $5m+
More than $5 million is anticipated for a large-scale grazing and/or cropping opportunity in Victoria’s Sunraysia region.
Spanning 2648ha, Nangiloc is located 30km from Mildura and 50km from Robinvale. It comprises 2225ha of considered arable land, with 113ha of centre pivot irrigation and the balance of land (280ha) used for support.
Acquired by Murray River Organics in 2017, Nangiloc is now being sold by receivers as part of the process to wind-up the company.
Duncan McCulloch from Colliers Agribusiness said there had been strong interest from local producers and greenfield horticultural developers.
Mr McCulloch said Nangiloc offers several potential future uses.
“Benefitting from a Mediterranean climate with an average annual rainfall of 284mm, the soil types are suited to both horticultural and viticultural pursuits such as edible nuts, citrus and table grapes.”
“The incoming purchaser could further develop the grazing and cropping areas, obtain further irrigation entitlements for permanent plantings or pursue renewable energy, such as solar,” Mr McCulloch said.
Nangiloc has a 150Mgl water licence and is being offered for sale by private treaty.