Property Roundup: Filipino businessman lists NT cattle station covering half-a-million hectares

9 July 2024
Northern Territory cattle station, ‘Murray Downs’, located in the Lower Barkly Downs, region is being offered for sale on a walk-in walk-out basis with a price expectation of $40m. Pic: Supplied.
An article by  Alex McLaughlin

In this week’s Property Roundup:


Filipino businessman lists NT cattle station covering half-a-million hectares

Size: 559,500ha

Location: Alice Springs, NT

For sale price: N/A

Northern Territory cattle station, ‘Murray Downs’, located in the Lower Barkly Downs, region is being offered for sale on a walk-in walk-out basis with a price expectation of $40m.

Filipino businessman and property developer Romeo Roxas is selling the 559,000-hectare cattle station after nearly 10 years of ownership, through his entity, Australian Green Properties.

‘Murray Downs’ station is expected to fetch around $40m, according to The Weekly Times.

Purchased by Australian Green Properties in 2015, ‘Murray Downs’ has undergone extensive water, fencing and structural improvements, now carrying a 10,000 head Santa Gertrudis breeding herd, which is offered as part of the listing.

Notable infrastructure includes 70km of new laneway system, along with 310km of new barb wire fencing completed over the past two years.

Further improvements include new 4,000-head ProWay yards and five-way draft and double overhead cattle loading ramp, to be erected in the coming months.

An extensive list of station plant available with the property includes a road train, Cessna 172 airplane as well as two graders.

Principal & Rural sales agent, David Russell, from Nutrien Harcourts Cobar, is handling the sale, with expressions of interest closing September 6, 2024.

Cattle and goat Island in the gateway to the Whitsundays up for grabs

Size: 1,950ha

Location: Stanage, QLD

For sale price: N/A

A rare opportunity has emerged to secure an island off the Central Queensland coast that functions as a working cattle operation.

‘Quail Island’ is 2km offshore to the Stanage Bay Township, with access to the Island by boat via Stanage Bay. Rockhampton is the closest major regional centre, located 170 km south.

Notable infrastructure includes a 1000m airstrip, steel cattle yards, new vet crush and ramp, as well as new goat yards.

Quail Island is sub-divided into nine main paddocks with access to permanent and semi-permanent water through creeks, waterholes, dams and bores.

The sub-tropical island has gently undulating hills timbered with narrow leaf Ironbark, Bloodwood and coastal scrub.

The country is mainly grassed with Forest Mitchell with native grasses under sown in area.

Accommodation includes the main homestead, four-bedroom managers residence as well as a three-bedroom workers cottage.

Virgil Kenny, from Elders Rockhampton, is handling the sale.

Tightly held Surf Coast farm makes over $90,000/ha

Size: 85ha

Location: Freshwater Creek, VIC

Sold price: N/A

‘Willowrite Springs’, an 85ha rural retreat at Freshwater Creek, 15 minutes from Torquay and 20 minutes from Geelong, has been sold after being listed in spring last year.

The sale price is currently undisclosed. However, it is believed the property was sold within its expected range of $7.9-$8.4m, equating to over $92,000/ha, according to The Weekly Times.

The property is suitable to both grazing and cropping, traditionally running a 60-head beef cattle herd. However, is also suited to prime lamb, canola and hay production.

Notable infrastructure includes a five-bedroom homestead, cattle yards with an undercover crush, as well as six spring watered dams.

Charles Stewart Geelong and Hayden Real Estate agents Andrew Rice and Bryan Hayden handled the sale.

 Wee Waa farming and irrigation property fetches $7.8m at auction

Size: 632ha

Location: Wee Waa, NSW

Sold price: $7.8m

A Namoi River farming and irrigation property ‘Molleen’ has sold at auction for $7.8m, which equates to $12,342/ha ($4997/acre).

Located 2km south-west of Wee Waa, the property was offered by MH Premium Farms. The sale included $1.65m in water allocations as well as a 468ha wheat crop sown in April.

The water entitlements involved 202ML of Lower Namoi ground water with 606ML in account, and 193.1ML of Lower Namoi regulated supplementary B class river water.

The property has 257ha of flood irrigation and 211ha of dryland farming, with 600ML of on-farm water storage.

James Thomas from Nutrien Harcourts handled the sale.

12,000ha Nymagee property changes hands post online auction

Size: 12,253ha

Location: Nymagee, NSW

Sold price: $2.5m

‘Shearlegs’, a 12,253ha property located 50km south of Cobar, has made $2.5m post auction, conducted by Nutrien Harcourts and interfaced online through AuctionsPlus.

Owned for more than 20 years by the Wilson family of the Albury region, the property has historically functioned as a Merino sheep breeding operation, carrying 2,500 breeder ewes and seasonally run cattle.

With 650ha (1,600ac) of the property fallowed at the end of 2023, the property holds ample opportunity for further pasture development.

The property’s pasture profile includes a variety of Copper Burr, Spear Grass, Triefoil and variety of seasonal herbages. The property is supported by soft red loam soils, to semi open Rosewood, Pine, Wilga, with areas of Belah.

Notable infrastructure on the property includes 6km of electric fencing on the property’s boundary, with a further 7km to be erected before June 2024.

David Russell from Nutrien Harcourts Cobar handled the sale.

Mundubbera breeder block listed for $5.5m


Size: 1,507ha

Location: Beeron, QLD

For sale price: $5.5m

‘Beeron’, a breeder block located 45km south of Mundubbera, QLD, has been listed for sale for $5.5m, equating to about $3,650/ha.

With a carrying capacity of 350 breeders, the property presents as a low-maintenance breeder block of open country, good water and locality to the downs, local saleyards and feedlots.

‘Beeron’ has a good history of timber control as can be seen by the very well grassed country and stands of Spotted Gum and Iron Bark left for mill timber and fencing materials.

The property is well grassed with Black Spear, Blue Grass and other native species. Secca Stylo has been spread throughout the property.
Notable infrastructure includes a set of timber cattle yards, vet crush and branding cradle.

Chris Crouch, from Aussie Land and Livestock, is handling the sale.


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