The spring property selling season is in full swing and high-quality buying opportunities in tightly-held regions are rolling onto the market - read on to find out our property picks this week. Plus, Upper Hunter graziers in $40m payday.
Western Australia
A productive mixed farming opportunity in the tightly-held Dardanup Shire of WA, the 734-hectare Henty Field Farms features 17 contiguous lots across 15 titles.
Currently utilised for the production of high value hay crops, fodder, beef cattle, dairy cattle, wool and lamb, the portfolio has been developed to annual and perennial pastures, supporting mixed livestock production.
Henty Field Farms is benefitted by channel irrigation, currently providing access to 384 shares (megalitres) of Harvey Water Entitlement sourced from the Wellington Dam, a 1.5 megalitre groundwater licence to take water from the Yarragadee South aquifer, located on Lot 3551, and multiple earth dams.
The portfolio is backed by a Mediterranean climate, recording an average annual rainfall of 795 millimetres, with topography that is generally flat to gently undulating, featuring a mixture of loams, being gravelly loam, sandy loam and loam over clay soils.
Located in proximity to regional centres including Burekup, Dardanup and Bunbury, the portfolio is also situated close to processing facilities at Boyanup (sale yards), Bunbury (grain receival and abattoir), Brunswick (milk) and Harvey (abattoir and milk),
Henty Field Farms is currently leased to multiple lessees, terminating on February 29, 2024. These leases will not be included as part of the contractual arrangement, and the properties will be offered for sale with vacant possession.
Listed with LAWD, Henty Field Farms is being offered for sale in-one-line or as separate lots by expression of interest, closing at 1pm (AWST) November 2, if not sold prior.
New South Wales
Family owned and operated since 1953, the 380ha Blue Holes at Parraweena is a quality arable grazing opportunity within the tightly-held Liverpool Plains region.
An efficient grazing enterprise (32%), with a history of carrying 400 backgrounding steers and/or heifers on a summer/winter rotation, the operation turns over 800 head per annum, supported by dryland fodder cropping (68%).
The property boasts a complementary mix of black and brown self-mulching basalt soils with high water-holding capacities, and features a combination of native and improved perennial pastures and sub-tropical grasses.
Benefited by reliable high average annual rainfall (691mm) and excellent climatic characteristics, Blue Holes features water security offered by a bore equipped with a solar pump, reticulating to seven troughs, a tank (110,000L) and overflowing to an earth dam, plus two kilometres of dual frontage to MacDonalds Creek.
Market by LAWD, Blue Holes is for sale via public auction, being held at 11am (AEDT) on October 25 at Graze Willow Tree Inn, Willow Tree, NSW.
Tasmania
A rare opportunity to secure prime grazing country on pristine Flinders Island has presented itself, with the listing of Nalinga.
Owned by Gary and Joy Allott for the past six years, the 286 hectares located just outside the main township of Whitemark is the epitome of premier beef production complemented by a quiet lifestyle.
Meticulously improved over that time, the Allotts have prided themselves on regenerating the farmland in the most natural way possible and leaving the country in better condition than when they arrived.
Backed by permanent pastures of cocksfoot, ryegrass, phalaris and clovers, and roughly 20ha of crops every year, Nalinga comfortably carries 460 head of cattle through the winter period.
The farm has been newly fenced into 29 paddocks, connected by a central laneway system, and new water infrastructure has been installed throughout.
Nalinga is being marketed by Elders and will be offered for sale by auction on October 7 at 10:30am (AEDT) via the AuctionsPlus platform, if not sold prior.
Victoria/ South Australia
According to The Weekly Times [Paywall], a trio of first-class cropping blocks in far west Victoria and another west of the border have been sold for well in excess of $22,000 a hectare.
Making more than $12 million combined, the Merrett family of Serviceton offered four lots, totalling about 550ha, for sale via auction on Friday, ending the family’s multiple-generation tenure through an estate sale.
The four lots were initially passed in, then sold immediately post-auction to four separate buyers, the majority of which were neighbouring farming families.
And finally...
Upper Hunter graziers and pastoralists Rob and Camilla Cropper have reportedly sold their Bellevue Hill trophy home for $40 million, according to the Australian Financial Review.
The mansion has been shopped around since June according to the Sydney Morning Herald. The couple bought the three-level house in 2014 for $5.64 million from the former head of Nudie Juice.
It was redesigned into a six-bedroom residence with formal and informal living rooms, music room, office, pool and basement garaging.
