THIS week’s property review includes a wrap-up of interesting recent listings across the country, and a separate article of recently completed sales of note.
- $24m plus for Barraba NSW beef operation
- Willatons offload two Maranoa properties
- Cassilis’s Summer Hill relisted for $12m
- Extensive improvements on Glenmorgan’s Murilla
- Drillham integrated cattle enterprise
- Cunnamulla’s Abbadoah hits the market
- Mixed farming opportunity at Millmerran
$24m plus sought for NSW beef operation
More than $24 nillion($4500/ha) is anticipated for the large-scale breeding and fattening aggregation Tumlong in northern New South Wales.
Located 20km south of Barraba and 100km north of Tamworth, the operation (pictured above) comprises four properties – 2709ha Tumlong and Olakuna, 2203ha Irriwilbin and 250ha Back Plain.
Put together by the Tonkin family over 25 years, the holdings are non-contiguous, but work together as a successful beef operation. The 5498ha of country ranges from creek flats to undulating slopes, rolling hills and steeper ridge country and plateau grazing, and is described as some of Barraba’s best country.
The holdings are extensively watered and includes 70 troughs and around 5.6km permanent Borah Creek frontage to Irriwilbin.
Tumlong is being jointly marketed by Hart Rural Agencies and Nutrien Harcourts Scone. Selling agent Charlie Hart said the aggregation’s reliable and higher rainfall was a drawcard.
“There has already been good interest from overseas investors, corporates, locals and southern Queensland producers,” he said.
Mr Hart said Tumlong was a turnkey operation designed to produce a lot of beef.
“It is a high carrying property that turns off around 4000 to 5000 head annually. There has been no expense spared when it comes to water, pasture, fencing and infrastructure.”
Included in the sale are three magnificent homesteads set in established gardens as well as two cottages, extensive horse training facilities, 688ha of oats and 485ha of established subtropicals.
The Tumlong Aggregation is being offered for sale by tender closing on June 4.
Willatons offload two Maranoa properties
After 17 years, Dean and Theresa Willaton, Bangor Cattle Co, have decided to sell their two Maranoa properties and retire back to Queensland’s Sunshine Coast.
Mr Willaton said Tomoo Station was a terrific business and lifestyle property featuring a good balance of grass country with low mulga reserves.
Located 85km south west of Mitchell, it has an excellent body of feed following recent rainfall.
Spanning 27,701ha of open alluvial plains, soft mulga and yellow jacket, kurrajong and poplar box woodlands, Tomoo has access to 3025ha of unfenced stock route.
The country is well-developed with around 80 percent cleared and sown to pasture or pulled for mulga browse and is situated within a cluster of exclusion fences.
Trenton Hindman from Colliers International said Tomoo has a rich history in wool production and features historic shearing quarters.
“Currently used as a beef cattle enterprise carrying 1650 cows and calves, or 2500 adult equivalents, Tomoo could be further enhanced by goats and a dorper sheep operation,” he said.
The Mungallala Creek, with permanent waterholes, runs through the middle of the property from north to south. There is also a brand-new bore (drilled in 2018) that services most of the property, together with 23 dams.
Tomoo Station will be auctioned online on June 3.
- See separate Tomoo technology story also published this evening.
The Willaton’s 2070ha block, Bangor South, will be auctioned by Colliers International on the same day.
Located 15km north of Mungallala at the headwaters of the Mungallala Creek, the country features bottle tree country and buffel and an excellent body of feed following recent rainfall.
There is an exclusion fence around part of the property, with the northern boundary fenced by the wild dog barrier fence.
The central yards sit alongside a significant dam that is equipped to extract water to a 450,000 litre ring tank that gravity-feeds to various water points across the property.
Cassilis’s Summer Hill relisted for $12m
The Cassilis mixed grazing and cropping aggregation Summer Hill has been relisted for sale at $12m (bare) with MacCallum Inglis Real Estate.
The property is situated 30km south-west of Cassilis, midway between Merriwa and Mudgee, in NSW’s Upper Hunter Valley, recognised for its diversity and productivity.
The 3237ha block features open arable and semi arable terrain to highly productive basalt grazing land, making it suitable for breeding and fattening cattle and sheep, as well as cropping.
Water is a feature of Summer Hill, with an 11km frontage to the Munmurra River, 34 dams and an extensive reticulation system.
Under the current management, the vendor, Tony Richardson, estimates the aggregation can carry between 1000 and 1200 adult equivalents on a year-in, year-out basis.
Selling agent Michael Burke believes the property is reasonably priced.
“Summer Hill is carrying a huge body of feed, it is clean, extremely well-watered and fenced. It is ideal for someone looking to fatten first-cross lambs or steers, run breeding cattle and some cereal cropping.”
The aggregation is for sale as a whole or in two parcels – the 2225ha Summer Hill is for sale by private treaty for $3700/ha and the 1011ha Rosedale is being offered for $4950/ha.
Extensive improvements on Glenmorgan’s Murilla
After extensively improving Glenmorgan’s Murilla over 16 years, the Hayes family has decided now is the time to sell.
When they purchased the property, the Hayes recognised Murilla’s underlying potential and embarked on using the abundant natural water from the Condamine River to lift productivity through pasture development.
Situated 125km south west of Roma, the country boasts a productive blend of soil types, 2185ha of river flood-out country, 324ha of cultivation (80ha currently planted to barley) with the opportunity to develop another 4000ha for fodder and crop production.
Murilla is well watered with 13km of Condamine River frontage, extensive lagoon systems and 11 dams.
It boasts feedlot approval, a 3000 head carrying capacity, and 90 percent of the fencing has been renewed.
Russell Jorgensen from Ruralco Property GDL said the sheer quality and quantity of improved pasture on Murilla speaks for itself.
The property is being offered with the option to buy on a bare basis, or with the Murilla EU Angus breeding herd and plant.
Expressions of interest closing on June 4.
Drillham integrated cattle enterprise
The Mundibulanga Aggregation, in southern Queensland’s Western Downs, features best-in-class infrastructure suitable for an integrated cattle enterprise.
Located 7km south of Drillham, it comprises the 1698ha Mundibulanga and the 979ha Sandalwood Grove.
The 2678 hectares are being offered for sale in one line or as separate assets through an expressions of interest campaign by JLL Agribusiness, closing on June 7.
Land soil types are complementary across the aggregation and include mainly deep dark/brown and grey cracking clays of undulating brigalow/belah land types.
JLL director Geoff Warriner said over the past four years, the vendor had invested significantly into the aggregation.
“Improved pastures have been established, water reticulation systems and livestock handling infrastructure have been upgraded to ensure the utmost level of efficiency and productivity,” he said.
Recent rain has resulted in extensive stands of pasture on the Mundibulanga Aggregation which can carry 800 adult equivalents.
Cunnamulla’s Abbadoah hits the market
After 60 years, the Moody family has decided to sell its 16,504ha Cunnamulla grazing property Abbadoah, in Queensland’s south west.
The fourth-generation Merino wool growers specialise in producing high quality 20-micron wool for export markets around the world.
Located 20km east of Cunnamulla, Abbadoah features Warrego flood plain country and is timbered with gidgee and coolibah growing Mitchell, blue, Flinders and seasonal herbages.
The property is watered by three flowing bores and with more than 20km of new exclusion fencing, and is estimated to carry 8000 dry sheep equivalents.
Bruce Douglas and Mark Minnis from Ray White Rural are handling the sale, with expressions of interest closing on May 28.
Mixed farming at Millmerran
The organic cropping and grazing property Kurrajong, in southern Queensland, has been listed for sale with a $3.95 million price tag.
The 2355ha block is located 35km from Millmerran and 70km from Dalby.
The property comprises 728ha of cultivation that is certified organic, with the remainder suitable for cattle, sheep or goats. Soils range from heavy brigalow and belah, to areas of red box and kurrajong through to loam forest type soils.
Kurrajong is watered by a solar-equipped bore and 20 stock dams. The western boundary of the property is exclusion (rabbit) fenced, with the balance nearing completion.
The sale of Kurrajong is being handled by John Malone from Nutrien Harcourts Dalby.