THIS week’s property review includes this wrap-up of re-listed or re-scheduled listings across the country, and a separate article of new properties being presented to the market.
- Sefton re-lists premier Tamworth holding
- Historic New England grazing heads to auction
- $8.5m price tag of FNQ’s Morecambe Station
- Wet weather postpones sale of Charleville’s Noella
Sefton relists premier Tamworth holding
High net worths and institutional investors are expected to vie for a productive mixed farming opportunity in the renowned New England region of New South Wales that has returned to the market with expectations of more than $20 million.
The 1870ha Braemar, 30km north-west of Tamworth, is owned by rural communications specialist Robbie Sefton and her husband Alistair Yencken. The pair have decided to downsize.
Braemar, pictured above, was under offer late last year, but the buyer failed to settle the contract.
Danny Thomas and Elizabeth Doyle from LAWD have been appointed to sell Braemar via a second expressions of interest campaign closing in mid-March.
Mr Thomas said the property was well located and would appeal to a high-net-worth individual who wants to live near a major regional city.
It is understood poultry farmers are re-engaging in the sales discussion because Braemar is situated in a new poultry zone where an increasing number of chicken broiler sheds are being built to support Baiada’s abattoir in Tamworth.
Braemar was purchased in 2007 and for the past 15 years, the couple has been developing their beef, prime lamb, wool production and dryland cropping business.
Featuring mostly red basalt soils extensively developed with improved pastures, Braemar has a 900 cow or 15,000DSE carrying capacity. It is currently running 5500 ewes and 3000 hoggets.
The vendors have invested extensively in land development, prioritising the wellbeing of the soils and local flora and fauna through the retention of biodiversity corridors.
The fit-for-purpose infrastructure includes a five-stand shearing shed, undercover sheep yards, cattle yards, shedding, a 750-tonne grain storage and a 250-tonne cement grain bunker.
Braemar has been drought-proofed through a comprehensive bore water system that supplies all 42 paddocks. In addition, there are numerous catchment dams and dual frontage to the seasonal Greenhatch and Dead Horse Gully Creeks.
The picturesque property features a federation-style homestead (circa 1900), as well as an historic Cobb and Co Coach House.
Historic New England grazing heads to auction
The historic high rainfall grazing property Stony Batter, located in the renowned New England region of New South Wales, has returned to the market and will be auctioned on March 10.
Owned by Sydney-based businessman Chris Nivan, last year the 1607ha Bundarra property was offered to the market as an aggregation with the 1509ha Arabanoo at Bingara.
Arabanoo subsequently sold to Tim and Rebecca Brazier from the Choice Angus Stud for $5.2 million or $3446/ha.
The picturesque Stony Batter is situated 65km from Armidale and 67km from Inverell and has grassy box woodland areas equally suited to cattle and sheep.
Home to the renowned Red Island Beef Angus herd, the property has been developed for efficient beef performance.
Featuring a 6.8km Gwydir River frontage, Stony Batter is watered by a 16 megalitre water entitlement for irrigation, substantial dams and the Camerons and Back Creeks.
Andrew Starr from Ray White Rural is anticipating good inquiry.
“Stony Batter is an expansion opportunity for existing beef producers and its production capacity is likely to attract interstate buyers.”
Stony Batter features a circa 1887 homestead and a 1907 eight-stand wool shed (which is not operational but well maintained).
$8.5m price tag of FNQ’s Morecambe Station
Quality low-cost Atherton Tablelands breeding country has returned to the market with an asking price of $8.5 million after failing to sell at auction.
The 20,112ha Morecambe Station, owned by the Malaysian-based MBF Group, is located at Gunnawarra, 20km south of Mount Garnet and 120km from Atherton in far north Queensland.
Fronting the Herbert River, the gently undulating country boasts a heavy coverage of feed.
While no carrying capacity was provided by selling agent Jez McNamara from Ray White Rural, it is understood the property once ran 1700 breeders plus replacement heifers.
Morecambe has alluvial soils along the Herbert River frontage country and loamy, sandy soils on the balance of the lighter forest country.
It is watered by 23 tanks and troughs, a pump and a bore. A 600mgl water licence is included in the sale.
Previously, the property grew peanuts which shows it has good red basalt soils. A 50ha fenced paddock is suitable for irrigation and hay production.
Wet weather postpones sale of Charleville’s Noella
Wet weather has forced Elders to postpone the auction of Charleville’s Noella in south-west Queensland.
Sought-after breeding, backgrounding and fattening country the 30,759ha property is located 85km west of Augathella.
Noella was due to go under the hammer on February 14. Selling agent Keith Richardson hopes the auction will be conducted on February 28, but said it is subject to the completion of inspections.
The property is being offered for sale after 32 years ownership by Sydney-based Mathew’s Farm Investments.
Featuring mostly gidgee, brigalow and bottletree scrub, the country has high protein pasture and soil types supporting buffel and soft native grasses, and a mix of gidgee burr, salines and herbages which respond quickly to rain.
Enjoying an excellent season, with much of the country being spelled over the last four years, Noella is capable of running 2500 breeders.
The property is watered by more than 45 dams and tanks, as well as numerous creeks and run-off from scattered hills and ridges.
More than 58km is newly fenced.
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