THIS week’s property review includes this wrap-up of interesting recent listings in NSW and Victoria, and separate articles on listings in Queensland and recent sales of note.

• $22m to $25m for expansive sheep & cattle station
• Southern Riverina’s Kilnyana relists for $38m
• Victoria’s Spring Grove Aggregation relists
• $9.7m for Manning Valley’s Strike A Light

Estimated to carry 20,000DSE and harvest 5000 rangeland goats a year, Borrona Downs is currently running around 3000 cattle.

$22m to $25m for expansive sheep & cattle station

After 100 years in the Taylor family, Borrona Downs Station in far western New South Wales has been listed for between $22 million and $25 million, as it enjoys an excellent season.

The 86,563ha sheep and cattle station is 135km east of Tibooburra and 135km north of White Cliffs.

Nutrien Russell Property and Livestock agent David Russell said Borrona Downs is a highly regarded holding, crediting vendor Greg Taylor for his workmanship and conservative management.

“He runs the property according to seasonal conditions,” Mr Russell said.

Estimated to carry 20,000DSE and harvest 5000 rangeland goats a year, Borrona Downs is currently running around 3000 cattle.

The country ranges from open plains to expansive perennial lakes and is carrying soft sweet Mitchell, Flinders and buffel grasses, together with natural clovers, herbages and scattered stands of soft mulga, rosewood, whitewood and beefwood.

Some of the oldest and largest coolibah trees in western New South Wales border the property’s grey soil wetlands.

Water security is a feature, with nine equipped bores, two capped flowing bores, 16 seasonal dams and an extensive network of tanks and troughs. The Mulga and Bloodwood Creek systems also provide some waterholes.

Improvements include a one-bedroom cottage, staff quarters, a meat house/cool room, a six-stand shearing shed, steel sheep and cattle yards and numerous sheds.

The station is divided by steel fencing into 14 grazing paddocks, two goat paddocks and several smaller enclosures.

Borrona Downs Station will be auctioned online on August 28.

Southern Riverina’s Kilnyana relists for $38m

The Hermiston family’s picturesque Southern Riverina grazing and farming asset, Kilnyana, has returned to the market with a reduced price guide of $38 million, equating to $8780/ha or $3555/ac.

The 4328ha property is located near Savernake, 25km south-east of Berrigan, 30km north of Mulwala and 45km east of Tocumwal, placing it close to grain receival sites, abattoirs and saleyards.

It is only the second time in 150 years that Kilnyana has been offered for sale.

Hermiston AG Enterprises, established in 1986, is a family-owned business that farms a further 9500ha across four properties, including Lake Piccaninny and Quiamong near Conargo and Lyndhurst near Brocklesby.

Vendor Jim Hermiston expressed pride in his family’s achievements at Kilnyana since acquiring the historic property in its first ever sale in 2008.

“Kilnyana was already highly developed when we purchased it, and it has been a privilege to build on that legacy.”

LAWD agents Col Medway and Patrick Kerr have been appointed to manage the latest sales campaign.

They said Kilnyana is already drawing good interest from local and corporate buyers.

“Buyers who appreciate the ability to pivot between sheep, cattle and cropping systems to capture market changes will be drawn to Kilnyana which has a long history of true mixed farming capability.”

Kilnyana is regarded as a premier mixed farming enterprise, supporting dryland cropping, prime lamb, wool and beef production.

Around 2800ha of mostly red and grey clay loam soils have been developed for dryland cropping. The 2026 program comprises 1124ha of canola, 1095ha of barley, 521ha of wheat and 60ha of vetch.

The balance includes 1004ha of native pastures, which is arable and could be developed for cropping, along with 352ha of improved pastures (lucerne) and 172ha of timbered grazing country.

Historically, the breeding and finishing enterprise has run between 2000 and 2500 ewes for meat and wool production, alongside opportunistic lamb trading and beef agistment.

Located in a 470mm average annual rainfall region, Kilnyana is supplied by the Mulwala Canal via the MIL pipeline system, as well as 27 dams.

Infrastructure includes a historic circa-1926 eight-bedroom homestead, two staff residences, shearers’ quarters, an eight-stand shearing shed, two sheep yards, cattle yards, numerous sheds and 675 tonnes of grain storage.

“Kilnyana was well improved when we bought it, so it’s been nice to continue that legacy, and it’s a very well-balanced property,” Mr Hermiston said.

“The diversity of soil types, annual rainfall and improvements are suited to stock or cropping, with the scale to leverage into one large farming enterprise or diversify.”

Victoria’s Spring Grove Aggregation relists

Central Victoria’s Spring Grove Aggregation has returned to the market with a price guide of $9400/ha ($3800/ac) to $9900/ha ($4000/ac).

The 1935ha farming and grazing enterprise is located near Yarrawalla, about 80km north of Bendigo.

After more than 140 years and five generations of ownership, the Smith family is offering the aggregation for sale, which is being handled by Elders agents Oliver Boyd and Nick Myer.

Supported by a long-term fertiliser program and agronomic management, the aggregation typically produces winter crops and fodder. Current rotations include canola, wheat, barley, oats, lupins and vetch.

Indicative performance shows dryland grain yields of more than 3t/ha and dryland canola yields of about 2t/ha. Across the 778ha of irrigated country, grain yields reach around 6t/ha and canola about 3t/ha.

The property has historically run about 2000 ewes and lambs, with numbers increased under current management.

Water is supplied through an extensive network of dams, troughs and tanks, supported by average annual rainfall of 375mm.

The five holdings, available either as a whole or separately, comprise:

• 471ha Spring Grove is divided into six main paddocks, with water supplied by six dams. Infrastructure includes a three-bedroom home, a three-stand shearing shed, two sheep yards, numerous sheds and 670 tonnes of grain storage.
• 248ha Bungawitta has four paddocks and is watered by two dams. Infrastructure includes a four-bedroom home, steel cattle yards and a shed.
• 388ha Chynes comprises six main paddocks, separate irrigated and dryland pastures, and a plantation of WA Yate and gum trees. Water is supplied by the Waranga Channel backbone irrigation system, with 30ha under laser irrigation. Infrastructure includes steel sheep yards.
• 615ha Simons/Miles/Holts has six paddocks and is serviced by six dams with channel-fill security. About 506ha is under laser irrigation.
• 182ha Kidmans includes two paddocks, fertile soils and Serpentine Creek frontage. The property is suited to canola, wheat, barley, oats, vetch and lucerne, with a layout that supports both cropping and livestock rotations.

$9.7m for Manning Valley’s Strike A Light

New South Wales producers, biodiversity investors and carbon market participants are showing strong interest in a high-rainfall grazing enterprise in the Manning Valley on the state’s mid north coast.

Listed by the Cougar Cattle Co after five years of ownership, the 1936ha Strike A Light is a highly developed cattle breeding operation near Cells River, set amid spectacular mountain scenery, pristine waterways and native forests.

The property has been listed with a $9.7 million price guide.

McGrath Upper Hunter agent Michael Burke said large-scale grazing holdings of this calibre are seldom offered to the market.

“Strike A Light is an efficient, well-developed grazing operation with productivity, lifestyle appeal and long-term investment potential.”

The country features a productive mix of open grazing areas, gently undulating hills and timbered support country.

Subject to seasonal conditions and management practices, Strike A Light is offered with an estimated carrying capacity of 600 breeders or 9000DSE.

Water is a standout feature, with around 20km of combined river and creek frontage, 35 dams, a 50ML water licence and irrigation infrastructure servicing 35ha.

The holding benefits from a reliable coastal climate and average annual rainfall of 1000mm.

Improvements include a renovated three-bedroom home, staff accommodation, numerous sheds and cattle yards.

Strike A Light is being offered for sale by expressions of interest closing on September 2.