NSW wool growers Alistair Yencken and Robbie Sefton have relisted the historic 'Braemar' for sale. The 1,870ha mixed farming property, located 33km north-west of Tamworth NSW, has returned to the market with a price guide of $17m-$19m plus, equivalent to $9,091 - $10,160/ha.
Originally listed for $20m and above in 2022, a potential sale fell over in 2023 according to The Weekly Times.
Ms Sefton, a rural communications specialist and the NSW Rural Woman of the Year in 2022, and Mr Yencken, purchased Braemar in 2007.
The property has since undergone extensive development, positioning it among the top 2% of regional benchmarking enterprises.
The property is located 5km from Manilla, 130km from Armidale and 440km from Sydney. The sale is being handled by Inglis Rural Property CEO Rural Property, Sam Triggs, alongside Melbourne-based Christie’s International Real Estate.
"Braemar is not only beautifully presented, it’s a high-yielding agricultural enterprise that represents genuine value for money, particularly when compared with similar-sized properties in southern NSW and areas of Victoria,” Mr Triggs said.
“The current program conservatively carries 15,000 Winter DSE along with 300-400 hectares of dryland cash cropping annually.”
Braemar is equipped with a five-stand shearing shed, large covered sheep yards, steel cattle yards, 750-tonne silo complex/grain storage and grain bunker.
Substantial investment in water infrastructure has been undertaken to ensure water security in testing seasons. The property features a fully reticulated trough system supplied by six groundwater bores, 28 dams, along with dual frontage to seasonal creeks. The average rainfall is 650-700mm per annum.
With a commitment to sustainability and environmental responsibility, the owners have planted more than 12,500 native trees across 'Braemar', creating vital wildlife corridors.
“We have always understood sustainability and biodiversity are integral to productive and profitable farm businesses, so it’s just made sense to us to invest in that balance,” Mr Yencken said.
“As farmers, we appreciate just how important a healthy environment and sustainable farming practices are to establishing, and maintaining, an efficient and profitable business.”
The main dwelling, a historic homestead from 1900, has been updated into a modern showcase while preserving its heritage.
Renovated in 2012, the four-bedroom, three-bathroom Federation homestead offers practical living areas that open onto spacious verandas. Additionally, it includes an in-ground pool and extensive lawns. There are four additional renovated homes, including a historic Cobb and Co coach house.
Expressions of interest close Tuesday, 23rd April.
Lachlan Valley farm hits market with $14m price tag
‘Bogandillon’ located in Fairholme NSW, 25km east of Condobolin stands as 3,430ha of prominent dryland cropping in the NSW Lachlan Valley region.
Grain Central reports Lake Cargelligo’s Derek and Melissa Davis anticipate a price tag of more than $14M - or $4084/ha - after 10 years of ownership.
‘Bogandillon’ includes 72% arable land (2,635ha) with an additional 511ha dedicated to grazing cattle and sheep.
The fertile soil comprised of grey clays and red loams, contributes to cultivating high-yielding crops including wheat, barley, and canola.
The property is subdivided into 21 paddocks, optimising operational efficiency for both cropping and grazing.
Operated in conjunction with other mixed farming properties, ‘Bogandillon’ has strategically expanded its grazing capacity.
In 2023, about 500ha was undersown with Aurora lucerne—a winter-active variety facilitating year-round production—and 240ha with Sudan grass.
This initiative will increase the grazing area to about 1,250ha (36% of the property) in 2024.
The property's infrastructure is well-developed, featuring extensive grain storage, machinery sheds and a chemical fill point. Accommodation includes a three-bedroom manager’s residence and basic workers quarters.
Strategically positioned in the highly productive Lachlan Valley, ‘Bogandillon’ is located near major commodity storage, processing, and marketing facilities. Expression of Interests for Bogandillon closing Tuesday March 12.
Ian Robertson and Danny Thomas, from LAWD, are handling the sale.
Exclusion fenced dynamo in Goondiwindi district emerges as prime beef production hub
4,922-ha of highly sought after cattle country is currently of offer near Billa Billa QLD. ‘Widgewa’ located about 72km North of Goondiwindi, is held by the Butler family, and has benefitted from substantial improvements in both irrigated and dryland cropping, The Land reported.
With an average yearly rainfall of 520mm, the property has all-weather access off the Leichardt Highway 220km West of Toowoomba and 330km West of Brisbane.
It features diverse soil profiles, primarily Belah/Brigalow grey cracking clays interspersed with fertile red Belah, Wilga, and Kurrajong soils. Sections of lighter red Iron Bark and Wattle soils, extending towards the Jump-up ridge country are also present.
The 754ha dryland cropping land, historically used for forage crops, holds future development potential with an additional 1,500ha considered arable.
The property has two 44ha areas equipped with modern irrigation technology, including a new seven-span Zimmatic irrigator for one paddock and the other with a towable seven-span Reinke irrigator.
Additionally, the property has a substantial 1200-megalitre overland flow catchment/storage dam, complemented by a bore, 13 dams, and an 8km frontage to the seasonal Weir River.
With a carrying capacity of 1,700 adult cattle equivalents, ‘Widgewa’ has supported 500 cows plus progeny through to feedlot entry weights and is conveniently located near key feedlots and livestock selling centres including Roma, Dalby and Inverell.
The property features a 600-head feeding facility for strategic livestock management during distressed selling periods, complementing existing irrigation and dryland cropping areas.
‘Widgewa’ is secured with a high netting exclusion fence. The property is subdivided into 15 paddocks and three smaller holding paddocks with a laneway system to cattle yards.
Recent structural improvements include new workers’ quarters, machinery shed, two 100 tonne conical base grain silos and recently constructed 750head cattleyards, featuring an undercover work area over the concrete race, CIA crush, calf cradle and double deck loading ramp.
New pasture development involved blade ploughing for seeding high-quality grass varieties like digit, bambatsi, buffel, and Katambora Rhodes.
No price guide was provided.
The sale is being handled by Darren Collins, LAWD Agribusiness and Andrew Jakins, Nutrien Hardcourts Goondiwindi. Expressions of Interest close April 11.
Auction Success: four tightly held Wimmera cropping farms sell for over $25,000/ha combined
Values in Victoria’s west appear to be holding up following the sale of four Wimmera cropping properties for a combined $10.3m.
According to The Weekly Times ($), the estate of the King family has been offloaded in multiple transactions over the past fortnight. Those included;
a 63.13ha parcel that sold for $27,429/ha ($11,100 an acre), totaling more than $1.73m
3ha sold for $23,722/ha ($9600 an acre), equating to more than $3m. Both properties, located at Harris Rd, Dooen, were purchased by separate local buyers
a 219ha property near Blue Ribbon Rd, Dooen, sold for more than $5.5m combined. That was across a 121.8ha block for $23,722/ha ($9600 an acre), and a non-contingent 97.12ha block for more than $2.7m, equating to $28,171/ha
DMD selling agent Andrew McIllree handled the sale of the King family estate properties.