Property Roundup: Eurongilly 'Landmark asset' listed for EOI, Singapore’s Silverstrand Capital wanting $19.5m for Liverpool Plains property

4 June 2024

Eurongilly 'Landmark asset' listed for EOI. Pic: Supplied.

An article by  Alex McLaughlin

Eurongilly 'Landmark asset' listed for EOI

Location: Eurongilly, NSW

Size: 2,029ha

For sale price: N/A

‘Coreena’ located within the South West slopes of NSW, 20km east of Junee, 45km north-east of Wagga Wagga has been listed for sale by Expressions of Interest.

The property has been considered a “landmark asset” within a tightly held Eurongilly region.

The listing spans across two contiguous properties known as ‘Coreena’ (1,782ha) and ‘Binya’ (247ha).

It is 95% arable and suitable for various cropping and grazing activities and has demonstrated dedication to high-yielding winter crops alongside maintaining a flock of 5,500 Merino ewes.

The property has a 25-year Carbon Credit project in place with 27,000 trees recently planted on non-arable portions of the property.

Notable infrastructure includes a six-stand shearing shed with undercover yards and adjoining feeding pens, machinery shed, stable complex with rail yard and dressage arena, as well as a 1,150-tonne grain storage.

Accommodation includes the five-bedroom homestead, as well as two further residences, including a newly constructed five-bedroom worker’s accommodation.

No price guide has been offered for the property. However, the (471ha) ‘Coreena East’ was listed in 2019 for sale by private treaty at $8027/ha ($3.785m). Chris Meares of Meares & Associates handled the sale of ‘Coreena East’, with no sale price disclosed.

‘Coreena’ is being offered for sale (in-one-line or as contingent parts) by Expression of Interest closing July 10, 2024.

LAWD directors Danny Thomas and Elizabeth Doyle are handling the sale. 


Singapore’s Silverstrand Capital wanting $19.5m for Liverpool Plains property

Location: Mullaley, NSW

Size: 2,842ha

For sale price: $19.5m

A mixed-farming opportunity on the fringe of the renowned Liverpool Plains in northern NSW has returned to the market for $19.5m, equating to approximately $6,860/ha.

'Mount Nombi', located 15km from Mullaley, NSW, between Coonabarabran and Gunnedah, is being sold by the Singapore-based Silverstrand Capital, due to a change of direction after three years of ownership.

Initially offered to the market in September last year as part of the 4,942ha 'Wyuna Aggregation', 'Mount Nombi' saw 2,100ha sold to neighbours following an Expressions of Interest campaign. The remainder was aggregated to form the new 'Mount Nombi' landholding.

Almost half of the 1,400ha property is developed for dryland cropping, with mostly self-mulching basalt soils supporting winter and summer crops such as cereals, oilseeds, chickpeas, and sorghum.

The 2024 cropping regime includes 300ha of canola, 320ha of wheat, 200ha of barley, and 100ha of chickpeas. The remaining land is used for cattle and sheep breeding and finishing, with the vendors running 740 head of mixed cattle.

Notable Infrastructure includes a five-bedroom home (circa 1904), a two-bedroom cottage, workers' accommodation, cattle and sheep yards, sheds, and 2,500 tonnes of grain storage.

'Mount Nombi' also has potential for carbon offset and biodiversity pursuits and is being offered for sale either as a whole or as separate assets.

LAWD agents Col Medway and George Barton are handling the sale.

600ha South QLD property with water-galore makes $40,500/ha

Location: Bowensville, QLD

Size: 611ha

Sold price: $24.75m

The Stephen family have sold their 611ha ‘Oakleigh West’ property near Bowensville, QLD.

Two years after it was first listed, they have sold the 611ha ‘Oakleigh West’, situated in the renowned and tightly held inner Darling Downs cropping region near Bowenville.

According to the Weekly Times, ‘Oakleigh West’ was acquired by a local farming family in a $24.75m deal, ending the Stephen family's 80-year tenure.

The transaction price equates to about $40,500/ha. The sale included the following water entitlements: a nominal entitlement of 1349ML, and a 244ML irrigation bore license from the Condamine Alluvium, in addition to a 3324ML annual volumetric entitlement from Oakey Creek.

The property is located 20km south-east of Dalby with dual frontage to Oakey Creek.

The property covers 611.3ha, of which 90% is arable with balance areas classified as grazing and support land.

JLL agents Chris Holgar, Clayton Smith, Geoff Warriner and James Mitchell handled the sale of the Oakleigh West property.


Lachlan Valley broadacre ‘Bogandillon’ relisted for $14m plus

Location: Condobolin, NSW

Size: 3430ha

For sale price: $1750/acre

Located 35km south-east of Condobolin and 75km west of Forbes, 'Bogandillon’ has been relisted for $1750/acre with estimates of $14.8m if purchased in its entirety.

It is operating as a large-scale sheep, cattle and cropping enterprise.

‘Bogandillon’ is connected to the permanent Euglo water scheme, with pipelines reticulating throughout the property and benefitting from 9km of frontage to the Bogandillon Creek.

The property is supporting 350 cows and calves and 1000 ewes on agistment, while the 2024 cropping program consists of 1375ha wheat, 500ha sown to Aurora Lucerne and 240ha sown to Sudan grass.

Accommodation includes the four-bedroom homestead, two-bedroom workers’ cottage.

Other notable infrastructure includes a 1,000-tonne grain shed and steel sheep and cattle yards.

There is the option for the property to be sold in two lots..

Recent notable sales in the area have included the 14,400ha Borambil Station, near Condobolin, NSW.

The property was sold for an undisclosed amount in April this year. However, it was listed for sale last May, with expectations around $60 million.

Oscar Freeman and Paddy Ward of Ray White Central West group are handling the sale of ‘Bogandillon’.


More than $4.3m wanted for a piece of Purlewaugh

Location: Purlewaugh, NSW

Size: 1026ha

For sale price: $4.3 - $4.5m

The mixed farming enterprise ‘Keadool’ has entered the market with a price tag of $4.3m-plus, with estimates over $4,190/ha.

Located 29km east of Coonabarabran and 120km SW of Gunnedah, the property spans across gently undulating, open grazing country, with 60ha sewn to wheat, as well as 95ha of oats planted.

The owner estimates a carrying capacity of 260 cows and calves along with the current farming operation.

The property receives an average annual rainfall of 26 inches (660 mm), and has a frontage to the seasonally flowing Terrawinda Creek.

Notable infrastructure includes cattle yards and a hayshed.

Accommodation includes a five-bedroom heritage homestead and three-bedroom brick cottage.

Hamish Firth of Ray White Rural Scone is handling the sale.


News that inspires, educates and celebrates life and work in regional Australia.