Property

High-stakes sales: premium farmland and luxury estates hit the market

Written by Kylie Dulhunty | Sep 25, 2024 6:46:56 AM

This week’s property roundup is chock-full of prime picks, from the $15 million ‘Shadow Creek’ luxury cattle estate in Avenel, Victoria, to a 374ha mixed farming aggregation in Tallangatta Valley, and a 335ha coastal grazing gem on the Fleurieu Peninsula, in South Australia. Whether you’re looking to put down roots or cash in on the cream of the crop, these properties offer a perfect blend of country charm and productive potential.

Luxury cattle estate set to fetch $15 million

Size: 312ha

Location: Locksley, VIC

Sale method: EOI closing 12pm on October 17

Price guide: $15 million

Melbourne commuters seeking city-country balance should consider Shadow Creek, a country estate and working cattle property set against the backdrop of the picturesque Strathbogie Ranges.

The 312ha property, a combination of premium rural estate and highly productive grazing and cropping land, has its own helipad and is expected to sell for about $15 million.

The Locksley property is located just 10 minutes from Avenel and 30 minutes from Seymour.

It is currently carrying about 400 Black Angus cattle, including about 150 breeders, and has potential for intensive cropping to complement the beef production.

The property also includes a glamorous, six-bedroom residence, a four-bedroom guest house, a self-contained unit and a new swimming pool.

Other features include steel cattle yards, where 725sq m is undercover, with concrete flooring, steel frame with a gable sheet metal roof, bugle race, crush, scales and loading ramp.

Secure water is provided by a stock and domestic bore, there’s also a 1850sq m steel machinery shed, an internal laneway and road system and electrified post and rail fencing.

LAWD Director, Elizabeth Doyle, and Sales Executive, Patrick Kerr, have the listing.

“Shadow Creek is really unrivaled as it combines a highly improved rural retreat with all the infrastructure for a working cattle stud or commercial operation,” Mr Kerr said.

“The property is a landmark asset. It is an ideal expansion opportunity for established farmers in the region; or it could be a family or luxury retreat for high-net-worth individuals from Melbourne; or a secure investment with showpiece homestead for global business operators.”

 

Versatile triple treat on offer in Tallangatta Valley

 

Size: 374ha

Location: Tallangatta Valley, VIC

Sale method: EOI closing 4pm on October 31

Price guide: In excess of $7 million

A three farm aggregation in highly sought North East Victoria has hit the market, offering a prominent and scalable, irrigated, mixed-farming enterprise.

With price expectations above $7 million, the Glenavey Aggregation comprises 374ha in total, and is being sold as a whole or as three contingent allotments made up of ‘Part Moorabinda’ (80ha), ‘Colynda Vale’ (40ha) and ‘Glenavey’ (254ha).

Elders State Real Estate Manager Victoria/Riverina, Nick Myer, said Glenavey Aggregation offered a rare opportunity in one of North East Victoria’s most highly regarded agricultural regions.

 “Historically it has been known as a very tightly held region,” he said.

 “The aggregation benefits from quality working infrastructure, highly productive soil profiles, significant investment into pasture improvement and soil amelioration, as well as abundant natural water supply via an irrigation entitlement and dual frontage to the Tallangatta Creek.”

Improvements include hay and machinery shedding, steel cattle yards with Arrowquip crush, accommodation and sundry shedding and 19 strategically subdivided paddocks.

Abundant natural water supply includes multiple catchment dams, 3km of dual Tallangatta Creek frontage, 29ML irrigation entitlement and a strategic trough network.

Mr Myer said the aggregation was suited to a range of agricultural endeavours including cattle, prime lamb, wool and cropping pursuits.

The property is 22km east of Tallangatta and 62km south east of Albury-Wodonga.

Mr Myer has the listing alongside Henry Mackinnon.

 

Central West NSW ‘build up block’ fetches $1.72 million at auction

 

Size: 298.3ha

Location: Trangie, NSW

Sold price: $1.72 million

Described as an “ideal build up block”, ‘Thornleigh on McLeod’ has sold at auction for $1.72 million, or the equivalent of $5771ha.

 The sale price, which was achieved at Ray White Richardson & Sinclair’s Dubbo auction, shows rural land in the Central West is still selling well.

Located 8km south of Trangie, and about an hour from Dubbo, the block had an estimated carry capacity of 80 cows and calves, along with the ability to grow feed or crops.

Generally open and 90 per cent arable, Thornleigh on McLeod’s soils are a combination of about one-third red and two-third heavy grey to black loams.

 Other features include secure fencing, four dams, a recently drilled bore, a modern set of steel cattle yards with crush and loading ramp, an older hay shed and two older corrugated iron structures.

The property sold to a neighbour, with Frank Power handling the listing.

 

Prime grazing and coastal views on Fleurieu Peninsula

 

Size: 335ha

Location: Fleurieu Peninsula, SA

Price: N/A

 Prime grazing land and coastal views combine in a unique Fleurieu Peninsula property just one hour’s drive south of Adelaide.

Located between Sellicks Beach and Hindmarsh Tiers, ‘Hilltop Farm’ comprises 335ha spread across nine separate titles, with abundant surface water, cattle yards and quality fencing.

Colliers National Director, Transaction Services/Agribusiness, Jesse Manuel, said the Sellicks Hill property was “one of the most spectacular rural landholdings of significant scale on the Fleurieu Peninsula”.

“A major feature of Hilltop Farm is its nine freehold titles,” he said.

 “The property has two road frontages providing flexibility for the future sale of individual titles should the successful purchaser desire.

With its productive capacity, commercial scale and premium location, Hilltop Farm presents a prestigious, first-class landholding in a very tightly held location.