In this week’s Property Roundup:
VIC grazing block with wind turbines fetches over $20,000 per hectare through online auction
Size: 38.87ha
Location: Glenbrae, VIC
Sold price: $777,600
A small sheep block with two wind turbines outside of Ballarat has sold for $8,100/acre ($20,005/ha) via online auction, interfaced through AuctionsPlus. The online auction attracted 15 bids and over 1,300 catalogue views.
Located 30km north-west of Ballarat, the holding was marketed as a “rare opportunity to purchase a passive income producing property, whilst running your own farming operation” with the mostly arable country and wind turbines the dominant features.
The property has five main paddocks, two catchment dams, two wind turbines with established tracks providing passive income and has several native plantations providing lovely shelter for livestock.
Adrian Smith, from Nutrien Harcourts Ballarat, handled the sale.
Toobeah cropping powerhouse listed for sale with significant water entitlements
Size: 4,256ha
Location: Toobeah, QLD
For sale price: N/A
‘Boongargil’, a large-scale irrigated and dryland cropping opportunity, underpinned by significant water entitlements has entered the market in the tightly-held Goondiwindi region.
The property is located on the northern side of the Macintyre River, 60km west of Goondiwindi.
Comprising a total land area of 4,256ha, of which 1,586ha is developed to irrigation, including centre pivot irrigation (258 ha) and flood irrigation (1,328 ha) as well as dryland cropping (1,814ha) grazing and support land dedicated to the balance.
The property is utilised for the production of cotton, wheat and sorghum in rotation, and has been leased until June 2026 with 2 x 5-year renewal options.
The water allocations include 650 ML nominal volume of Border Rivers Zone B supplemented water and 1,060 ML nominal volume of Macintyre Zone Unsupplemented water, underpinned by additional overland flow water harvesting capabilities following high rainfall/river flow events.
The allocations are collectively supported by significant on-farm water storage, with three main storages (9,032 ML combined) and various connected supply channel systems (723 ML).
The property benefits from productive soil types including self-mulching black/grey cracking clays with areas of red soil types.
Operational infrastructure includes machinery shedding, workshop, grain shed, silo storage, a shearing shed as well as three main residencies and additional staff accommodation.
‘Boongargil’ is being offered for sale by Expression of Interest, closing on August 29, 2024. LAWD Directors Danny Thomas and Simon Cudmore are handling the sale.
South-east QLD cattle station listed for $17.8m
Size: 1,121ha
Location: Woolooga, QLD
For sale price: $17.8m
‘Brooyar Station’, a productive cattle property featuring a homestead more than a century old, has been listed for $17.8 million, which equates to about $15,879/ha.
Located 30 minutes from Gympie, and 40 minutes from Maryborough, Tony Dingle's ‘Brooyar Station’ features quality pasture and infrastructure.
The operation has been run as a grass-fed sustainable beef enterprise, and has an estimated carrying capacity of more than 800 breeders.
The property supports The Nature Positive Initiative and being a part of The Australian Carbon Credit Scheme.
‘Brooyar’ benefits from double frontage to the permanent Wide Bay Creek, which runs through the centre of the property.
There are also 15 dams including a 30ML dam and five 10ML dams, and has an average annual rainfall of 1000mm (39 inches).
Accommodation includes a four-bedroom main residence as well as the two-bedroom manager's quarters.
The newly established Brooyar Eco Lodge and Caravan Park also provides an additional income stream to the property.
John Bambling, Craig and Natalie Mellor, from Bambling Property, are handling the sale.
Scenic Scone’s grazing and lifestyle property seeking more than $5,800 ha
Size: 2,122ha
Location: Scone, NSW
For sale price guiding: $12,325,750 - $13,900,000
Upper-Hunter grazing and lifestyle property ‘Fernleigh’ has entered the market with a price guide of $12,325,750 to $13,900,000.
Under previous ownership, the property has been the home to a high-end health retreat, that ran alongside its profitable grazing enterprise.
The pasture improved grazing country suitable for breeding and fattening of sheep or cattle, with the undulating to hilly country on chocolate and red basalt soil offers a high carrying capacity and significant scope for further development. ‘Fernleigh’ benefits from 822mm average annual rainfall.
Located in the Ellerston district, 85km northeast of Scone in a highly-sort area within the Upper Hunter Valley nearby the Packer family's ‘Ellerston Station’.
Notable infrastructure includes a four-stand woolshed, steel sheep yards, steel cattle yards, machinery shed, hay shed. ‘Fernleigh’ is fenced into 24 main paddocks.
Accommodation includes a three-bedroom main homestead, five-bedroom guest accommodation, a three-bedroom manager's home, and workers quarters.
For sale by Expressions of Interest closing August 29, 2024. Michael Burke from McGrath Upper Hunter is handling the sale.
Ipswich cattle and cropping property fetches $9.8m for feedlot tycoon
Size: 873ha
Location: Mount Walker West, QLD
Sold price: $9.8m
One of Australia's largest feedlot owners has sold the 872ha ‘Mount Walker’, located just over an hour out of Brisbane, QLD.
The vendor, Charlie Mort of Mort & Co sold the property for $9.8m, with the $/ha equivalent making $11,227/ha.
The bidding opened at $7 million and jumped quickly to $8.5 million where the auction paused. The winning bidder then increased their bid to $9.8 million.
‘Mount Walker’ has eight titles, with 56ha previously used for cultivation, with 13ha under current lucerne cultivation (leased until December).
‘Mount Walker’ also has extensive water holdings for irrigation with an array of “underground mains” and “hydrants”. The holdings include four large dams and eight smaller dams with livestock access.
The property supports a variety of Rhodes and native grasses and has a carrying capacity of 480 head.
Operational infrastructure to support the livestock enterprise includes cattle yards and a stock proof boundary fence. Accommodation includes a two-bedroom main residence with an accompanying granny flat.
Neil Mundy, from Ray White Ipswich, handled the sale.
Top tier ‘Trewilga’ offered for sale in north-west NSW
Size: 5,671ha
Location: Coonamble, NSW
For sale price: N/A
Renowned Central Western Plains property ‘Trewilga’ has been listed for sale, with a proven suitability for both farming and grazing.
Located on Carinda Road north of Coonamble, the 5,671ha property is being offered with the recently sown 2024 cereal crop comprising of 1380ha of wheat, 180ha barley and 240ha of oats.
The 3871ha balance of the country is equally suited to fattening and breeding cattle and sheep, with recent seasons carrying up to 3,000-4,000 head of livestock fattened on both planted and natural pastures.
Working infrastructure has been described as ‘first class’, and includes steel cattle and sheep yards, as well as a shearing shed.
Accommodation includes a five-bedroom homestead, three-bedroom cottage with an additional workers cottage.
Expression of Interest for ‘Trewilga’ will close August 27, 2024.
Elders NSW Rural Real Estate’s Chris Malone and Brian McAneney from Elders Real Estate Dubbo Rural are handling the sale.
In the market for a rural property? Check out our upcoming auctions.
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