Property

Movement at the Station: Recent property listings

Property editor Linda Rowley, November 27, 2019

More than $25 million is expected for the 2349ha Western Victorian grazing property Mawallok, located 45 minutes west of Ballarat

  • $25m anticipated for historic Mawallok
  • Waratah attractive high-rainfall grazing country
  • Surat’s Warkon to sell after 93 years
  • Christmas auction for Taroom’s Deearne
  • Iconic pub listed for sale

 $25m anticipated for historic Mawallok

More than $25 million is expected for a Western Victorian grazing property being offered to the market for the first time in 172 years by Elders.

Expressions of interest have just closed for the 2349ha Mawallok, located 45 minutes west of Ballarat, and around two hours north west of Melbourne.

Mawallok, pictured above, boasts productive red volcanic and grey loam soils, an outstanding natural water supply via multiple spring-fed lakes, bores, catchment dams and a 231 megalitre irrigation entitlement.

The versatile mixed farming operation is ideally suited to cattle, wool, prime lamb and cropping pursuits. It estimated to run around 30,000 DSE.

Mawallok features one of Australia’s finest pastoral homesteads set within a 2.5ha William Guilfoyle designed English garden setting offering expansive views across the lake through to the Pyrenees Ranges and Mount Cole.

The holding was originally settled by Scottish migrant Alexander Russell in 1847 and held by members of the Russell family until 1980 when it was privately sold to the Mitchell family.

Waratah attractive high-rainfall grazing country

Rarely do large-scale properties within an easy commute to Canberra come to the market.

Nestled on the western edge of the Murrumbidgee Valley, the 1303ha store lamb factory Waratah, near Yass, combines enviable production and income capability with the additional option of an efficient subdivision exit opportunity.

The property is being offered for sale by CBRE Agribusiness for $4.2 million or $583/DSE.

The country is undulating to hilly topography with sedimentary derived soils of open grazing with 487ha of remnant timber including yellow box, Blakley’s red gum and red stringy bark.

On a dry sheep equivalent basis, CBRE Agribusiness believes Waratah presents the best value high rainfall grazing property currently on the market in New South Wales.

One of the key features is its proven production – carrying 4000 July/August lambing Merino ewes joined to Border Leicester rams producing store lambs.

It boasts productive perennial grasses and is securely watered by three spring-fed creeks and dams in an 810mm rainfall zone.

There’s been significant investment in new fencing with 62km erected in last five years.

Waratah provides a future subdivision opportunity with four kilometres of double frontage to a council road combined with a minimum lot size of 40ha.

Nestled on the western edge of the Murrumbidgee Valley, the 1303ha store lamb factory Waratah, near Yass, combines enviable production and income capability with the additional option of an efficient subdivision exit opportunity.

Surat’s Warkon to sell after 93 years

Warkon on Queensland’s Western Downs has been presented to the market by vendor Alfred Schwennesen for the first time in 93 years.

Located 58km north east of Surat and 69km west of Condamine, the 9049ha backgrounding operation can carry 3000 head of mixed cattle together with grain crops.

The country comprises black soil Coolibah flood plain and brigalow, belah scrub soils running back to some lighter red and sandy soils. Around 3564ha are under cultivation.

The property is watered by a bore, a dam, creeks, permanent and semi-permanent water holes and a 7km lagoon system.

Warkon is being offered for sale via expressions of interest closing on December 13 by Ray White Rural.

Located 58km north east of Surat the 9049ha backgrounding property Warkon can carry 3000 mixed cattle together with grain crops.

Christmas auction for Taroom’s Deearne

The Dawson Valley breeding, backgrounding or bullock fattening operation Deearne will be auctioned on December 20 by Ray White Rural.

Located 60km east of Taroom, in a dress circle region renowned for turning off quality cattle, Deearne spans 7120ha comprising mostly brigalow scrub soils.

The property is well serviced by 16 dams including a 350 megalitre overland catchment dam, as well as seven bores, and can carry 2500 adult equivalents.

The Dawson Valley breeding, backgrounding or bullock fattening operation Deearne will be auctioned on December 20 by Ray White Rural.

Iconic pub listed for sale

The Northern Territory’s Top Springs Hotel, owned by Milton and Cristina Jones from Coolibah Station, has been listed for sale for $3 million.

Located 291km southwest of Katherine, the iconic outback pub was a regular spot for drovers to stop on the Murranji Track.

The original hotel, which burnt to the ground 50 years ago, was situated two kilometres away from where it currently stands at the crossroads of the Buntine and Buchanan Highways.

During the wet season, the Top Springs Hotel is booked out by people who service communities in the district. It is also a popular drinking hole for those travelling to and from the Pussy Cat bore campdraft.

The 1.18ha freehold property includes 29 accommodation rooms, camping grounds, a well-presented bar, a full restaurant kitchen, a fuel station and staff accommodation.

Olivia Thompson from Landmark Harcourts is handling the sale.

The 1.18ha freehold property includes 29 accommodation rooms, camping grounds, a well-presented bar, a full restaurant kitchen, a fuel station and staff accommodation.

Click here to access more properties listed for sale

 

 

 

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