THIS week’s property review includes a wrap-up of interesting recent listings across the country, and a separate article of recently relisted properties of note.

• Kimberley grazing & irrigation opportunity
• Well improved Western Division grazing
• Freehold grazing in NSW’s north-west
• Nowendoc property boasts quality
• Livestock & irrigation asset in Tasmania’s north
• Cattle & sheep enterprise close to Adelaide
• CQ’s Fletchers Awl passes in at $20.75m
• Western Qld’s Rosevale Station fails to sell
• Negotiations underway for blue ribbon goldfields country

Kimberley grazing & irrigation opportunity

A large-scale grazing and irrigation opportunity has been listed for sale in Western Australia’s Kimberley region.

Located 115km south of Broome and 330km north of Port Hedland, the adjoining La Grange Farm and Nita Downs Station are in a bluetongue disease-free zone, close to key logistic depots and ports.

It is situated in one of the key economic development regions of the Kimberley identified by the state government for its groundwater and land assets.

• 207,607ha Nita Downs Station – 76ha have been developed to centre pivot irrigation underpinned by a 4000ML groundwater licence. Comprehensive structural improvements and operational infrastructure support livestock and fodder production operations.
• 2627ha La Grange Farm – 250ha are approved for irrigation development underpinned by a 6000ML groundwater licence, with a significant area identified for further expansion.

The country is flat to gently undulating and features mostly Pindan red sands and loam (Kandosols) soils.

Together, the 210,234ha portfolio is used for breeding and backgrounding 6642 adult equivalents, as well as fodder production.

LAWD agent Simon Wilkinson said the strategic location and enormous development opportunities will attract a range of buyer profiles from locals to institutional investors.

“The properties would best suit a live export depot, feedlot or a significant fodder irrigation project, with the high-quality soils and climate making it also suitable for cropping or horticulture.”

Benefitted by a reliable average annual rainfall of 520mm, Nita Downs and La Grange Farm are watered by multiple bores and reticulated to tanks and troughs.

Nita Downs Station and La Grange Farm are being offered for sale, in one line or as separate assets, by a two stage expressions of interest process closing on July 6.

Well improved Western Division grazing

A well improved New South Wales Western Division grazing operation has been listed for sale by the Ponder family after 21 years of ownership.

The 35,446ha Avondale, that once formed part of the Dunlop Aggregation, is located 88km north-west of Louth and 188km west of Bourke.

The soft country is suited to sheep or goat breeding and fattening, with the ability to also run cattle.

Avondale is a natural haven for rangeland goats and has a history of mustering large numbers. It comes with a local land services rating of 8775DSE.

In addition to running sheep and goats, the property generates a significant income stream from a human induced regeneration (HIR) carbon project that has 25 years to run.

Areas of floodout country from the Utah Lake and Kerribree Creek systems are interspersed with soft rolling red sandhills and flats growing a large body of native grasses, herbages and salines in season.

The western portion of the property has areas of open mulga grassland, shrubs and bush.

Avondale is well watered by nine bores and 14 of the 18 water enclosures are trapped.

Improvements include a three-bedroom home, a worker’s cottage, a machinery shed, a six-stand shearing shed, sheep and cattle yards.

Greg Seiler from Nutrien Harcourts Bourke is handling the sale of Avondale which will be auctioned on July 20.

Freehold grazing in NSW’s north-west

One of the largest freehold grazing properties in the Walgett area of New South Wales’ north-west has been listed with a $5.8m price tag.

Located at Cumborah, 50km north-west of Walgett, the 9423ha Springvale has been owned by Jon Pocknell for 20 years.

Mr Pocknell has been running a sheep, beef and goat operation with the long-term carrying capacity estimated at 2000 ewes, 50 cows and calves and up to 1000 rangeland goats harvested annually.

Frank Power from Ray White Rural said there has been good inquiry for Springvale.

“Most of the interest is coming from interstate and New South Wales sheep and cattle producers, especially from the central west and tablelands seeking scale and affordable ‘outside’ grazing country for breeding.”

Springvale is mostly level open plains country that is lightly timbered. Heavy black self-mulching type soils to grey loams are growing significant areas of Mitchell and fine canegrass.

The property fronts the Big Warrambool Creek that provides beneficial floodout and is watered by nine tanks, three unequipped bores and an 11 megalitre irrigation licence.

The working infrastructure is in good operational order and includes a four-stand shearing shed, steel sheep and cattle yards, as well as two goat self-mustering yards with loading facilities.

Nowendoc property boasts quality

A high rainfall and mixed grazing opportunity in the New England region of New South Wales could make between $16m and $18m when it is auctioned on July 6.

The 971ha Eastern Hills, 18km north of Nowendoc and 42km south of Walcha, can support any combination of beef, lamb and wool production with irrigation options also available.

Located in a 1400mm average rainfall region that is 1280m above sea level, the heavy red chocolate basalt soils, sown to high performance pastures, are capable of running 750 cows or 12,700DSE.

Peter Etheridge from Etheridge Properties and Simon Cudmore from LAWD were unable to give a price guide, however comparable country in the region is making between $16,000/ha and $20,000/ha.

The country comprises rising creek flats to arable slopes and grazing hillsides, with 40 hectares developed to a potential centre pivot irrigation site.

James and Belinda Lyon purchased Eastern Hills in 2016 as a eucalypt plantation from Forest Enterprises Australia.

As a result, most of the fit-for-purpose operational infrastructure was built in the last seven years and includes a two-stand shearing shed with undercover sheep yards, steel cattle yards and a machinery shed.

The fencing has been completely overhauled and includes 3.15km of internal laneways and 18km of electric wired boundary fencing.

Eastern Hills has dual frontage to the Uriamukki Creek and is watered by numerous dams, including a 100 megalitre dam.

Livestock & irrigation asset in Tasmania’s north

A range of investor profiles is showing good interest in a productive and versatile irrigation asset in northern Tasmania – anticipated to make around $10m.

The 1501ha St Patricks Run (incorporating the 563ha Bullocks Hunting Ground which was listed for sale late last year) is situated at Nunamara, 17km east of Launceston and 28km north-east of Evandale.

Situated in a reliable 1043mm average annual rainfall area, the block has been carved off the Dunedin aggregation owned by Samantha Hogg and Marcus Griffin.

Underpinned by highly fertile volcanic red and black basalt soils, the property is suited to cattle, sheep, cropping, horticulture and potential carbon opportunities.

St Patricks Run has 2000ML of irrigation entitlements, a 2100ML storage dam and excellent irrigation infrastructure including 250ha under centre pivots with significant scope for further development.

The property also enjoys an 8.8km frontage to the St Patricks River and a 2.6km frontage to the North Esk River.

The Bullocks Hunting Ground block is currently managed under a cell grazing system running 11,300 dry sheep equivalents. With further development, numbers could be lifted to 14,400 DSE.

Working improvements include a shearing shed and sheep and cattle yards.

St Patricks Run is being offered for sale via an expression of interest process closing on June 16.

Elders Real Estate agents Nick Myer, Henry Mackinnon and Laurens De Wit are reporting interest from local, mainland and institutional investors.

Cattle & sheep enterprise close to Adelaide

A well improved and conservatively managed cattle and sheep enterprise in South Australia’s south-east has returned to the market.

The 1801ha Bundara is situated 7.5km from Kingston and three hours from Adelaide.

It has been listed for sale after failing to sell following a registration of interest process which closed late last year.

Located in a reliable 600mm average rainfall area, Bundara has been held by the Flint family for more than 100 years.

It is conservatively grazing 2400 merino ewes, 700 weaners, 90 rams and 120 cows and calves, 70 heifers, 30 steers and six bulls.

Infrastructure includes a four-bedroom home, a shearing shed and two sets of cattle and sheep yards.

The sale of Bundara is being handled by Darryl Gaunt from Nutrien Harcourts Kingston.

Passed-in

Negotiations underway for blue ribbon goldfields country

Blue ribbon Charters Towers grazing country on the Burdekin River has failed to sell at auction, with the selling agents negotiating with interested parties.

Comprising 1632ha Oakey Creek (leasehold), 1092ha Brindle Hill (leasehold) and the 1109ha Chipley (freehold), the holding is located at Dotswood, 41km north-east of Charters Towers and 134km south-west of Townsville.

The 3834 hectares of productive goldfields country features 6.5km of highly sought after Burdekin River frontage.

It is being offered for sale by the Lavery family after more than three generations of ownership.

Originally, Oakey Creek, Brindle Hill and Chipley formed part of the historic Springvale Station and were operated as a single paddock.

The gently undulating country comprises mostly good goldfields country with both black and red soil types and loamy alluvials running along the creeks.

Good rain is reflected in an abundance of grass running up to 1200 adult equivalents plus followers (in an average season).

Oakey Creek, Brindle Hill and Chipley are well watered by a well and five dams.

Matthew Geaney from Ray White Geaney Kirkwood said the properties are well located – close to meatworks and live-export facilities at Townsville, Reid River and Charters Towers, in addition to the saleyards at Charters Towers.

CQ’s Fletchers Awl passes in at $20.75m

Highly regarded Central Queensland breeding, growing and finishing country has failed to sell at auction, passing-in at $20.75m.

Situated 60km north-east of Clermont and 60km south-west of Moranbah, the 11,317ha Fletchers Awl had been held by the Perry family for 43 years.

It is home to one of the country’s leading Droughtmaster Studs – the Strathfield herd is known for quality bloodlines and performance.

Terry Ray from RBV Rural said the agency is now negotiating with several interested parties.

Fletchers Awl had been conservatively stocked and cattle have been managed around a rotational grazing practice, allowing for an excellent coverage of pastures.

The grazing country consists of undulating open forest, downs, softwood scrub and box trees running onto creek flats.

Around 262ha are planted to Leucaena and 305ha of contoured cultivation are currently planted to oats, forage and lab lab and used for cattle fodder.

The property is watered by 11 bores (eight equipped) and 17 dams (two equipped).

Western Qld’s Rosevale Station fails to sell

Negotiations are continuing with interested parties after the historic western Queensland grazing property Rosevale Station was passed in at auction for $11.5m.

The 39,077 hectares are located 20km north-west of Wyandra and 98km south of Charleville and are suitable for beef, sheep and or goats.

The country features diverse Nemunmulla Creek and Warrego River flood out with Mitchell grass flats, dense buffel in the lighter country running into mulga rangelands.

As a result of recent rain and 30,500 hectares of exclusion fencing (as part of the Wyandra cluster), Rosevale is presenting with heavy stands of native pastures including Mitchell, mulga Mitchell and mulga oats.

There are multiple sets of yards and a laneway system for ease of operation, as well as a shearing shed.

Water is provided by bores, dams and a 100mgl water licence from the Warrego River. Water security is also being upgraded with the installation of new supply tanks in the pipelines.

The sale of Rosevale Station is being handled by Adcock Partners Property & Livestock and Glynn Agriculture.

Negotiations underway for blue ribbon goldfields country

Blue ribbon Charters Towers grazing country on the Burdekin River has failed to sell at auction, with the selling agents negotiating with interested parties.

The 3834 hectares of productive goldfields country features 6.5km of highly sought after Burdekin River frontage.

Comprising the 1632ha Oakey Creek (leasehold), 1092ha Brindle Hill (leasehold) and the 1109ha Chipley (freehold), the holding is located at Dotswood, 41km north-east of Charters Towers and 134km south-west of Townsville.

It is being offered for sale for $9m by the Lavery family after more than three generations of ownership.

Originally, Oakey Creek, Brindle Hill and Chipley formed part of the historic Springvale Station and were operated as a single paddock.

The gently undulating country comprises mostly good goldfields country with both black and red soil types and loamy alluvials running along the creeks.

Good rain is reflected in an abundance of grass running up to 1200 adult equivalents plus followers (in an average season).

Oakey Creek, Brindle Hill and Chipley are watered by a well and five dams.

Matthew Geaney from Ray White Geaney Kirkwood said the properties are conveniently located – close to meatworks and live-export facilities at Townsville, Reid River and Charters Towers, in addition to the saleyards at Charters Towers.