Size: 518ha
Location: Narrabri
Sold price: $23.65m
A local farming family has paid a district record for an irrigation property 'Jungaburra' with close to 2300ML of water entitlements in north-west NSW.
Offered for sale by Namoi Valley farmer Sean Revell, the property and water were offered via AuctionsPlus, where three of four registered bidders were active.
Bidding on the day started at $15 million before rising to the winning bid of $23.65 million, of which a significant portion was attributed to the value of the water entitlements.
A private local farming family, based in the Namoi Valley, was the successful bidder, adding the holding and water entitlements to their existing holdings in the renowned irrigation district.
The property has 360ha developed for flood protected irrigation, while 48ha is used for dryland cultivation, producing annual cotton crops.
Water entitlements sold with the property included 972ML lower Namoi River general security, 916ML lower Namoi River supplementary B class and 408ML lower Namoi groundwater.
The sale ends 56 years of farming in the region by the Revell family, who originated from Ord River in north-western Australia.
Helen and David Revell were farming pioneers in the Ord River irrigation scheme in northwest Western Australia in the early 1960s.
Nutrien Harcourts Narrabri agents James Thomas and Paul Thomas handled the sale.
Size: 15,977 ha
Location: Taroom, QLD
For sale price: N/A
One of the largest single private landholdings in the sought-after Taroom district will be offered for sale for the first time in its 109-year history.
The institutional-grade beef production asset, 15,977 ha ‘Moorabinda’ is located 64km southwest of Taroom and 130km northeast of Roma, with a proven carrying capacity of 6,000 adult equivalents, with a legacy of backgrounding, breeding and finishing.
Situated in a tick-free zone, the property is positioned close to several major feedlots with easy road access to both the Roma and Dalby saleyards.
Along with two substantial modern homesteads, investments have been made in high-quality infrastructure improvements including two large sets of cattle yards, five machinery/storage sheds and equine facilities.
‘Moorabinda’ features 43 paddocks and an extensive development program including blade ploughing, and ongoing land management and improved pastures, with more than 12,000 ha of prime undulating brigalow, belah, bauhinia and vine scrub land types.
Water security is complemented by an average annual rainfall of about 655mm and more than 15km of dual frontage to Scotts Creek, as well as permanent and seasonal waterholes and springs.
‘Moorabinda’ is being offered for sale by Expressions of Interest closing Thursday, August 29, 2024, if not sold prior.
LAWD Directors, Darren Collins and Grant Veivers are handling the sale.
Size: 1212ha
Location: Newland, SA
For sale price: N/A
Walk-in walk-out offers are being considered for a large sheep farm on Kangaroo Island.
‘Yattarna’, spanning 1,212ha, has been listed with a suggested price of $9.5 million. At this price, the vendor seeks about $7,840/ha for their property.
The Kangaroo Island holding is located 54km southwest of Kingscote and 22km southwest of Parndana.
Notable infrastructure includes the fencing of a north-south raceway, which picks up all of the 30 paddocks. Boundary fences are vermin proof and double fenced in sections that have neighboring stock pressure.
The farm is carrying 4040 Merino ewes with progeny, 106 Suffolk ewes (with 90 lambs), 100 Merino wether hoggets, 110 rams plus 36 cows with calves.
Farm improvements include a four-stand raised curved board shearing shed. Accommodation includes Two farm homesteads.
There are two large farm homesteads on the property, one four-bedroom and the other five-bedroom.
‘Yattarna’ is for sale by expressions of interest closing on Wednesday, August 28.
Elders’ Colin Hopkins and Julia Smith are handling the sale.
Size: 12,603ha
Location: Engonnia, NSW
For sale price: $5.25m
‘Tarwoona Downs’ a large-scale western grazing property, family owned and operated since 1963 has been re-offered for a reduced price of $5.25m, after previously being marketed in June 2023 for $5.9m, according to Beef Central.
Located 16km west of Enngonia and 116km north of Bourke, the property operates as a Merino sheep, Santa Gertrudis cattle breeding, agistment, and goat harvesting enterprise.
The property features a mix of open plains and sheltered timbered grazing areas with Myall, Mulga, and Gidgee. The soil comprises red sandy loams, and grey, brown, and red clay soils.
‘Tarwoona Downs’ benefits from 13.7km frontage to Irrara Creek, with water additionally sourced from an artesian bore.
Notable infrastructure includes a four-stand shearing shed and sheep yards, cattle yards and machinery sheds.
Accommodation includes a four-bedroom homestead with an open-plan kitchen and living area as well as multiple guest quarters.
Tim Corcoran (LAWD), David Amor (GPS Rural), George Skuthorp (GPS Rural) are handling the sale.
