In this week's rural property update: World's largest contiguous sheep station sold to South Australian investment family, WA grain portfolio offers large-scale Mid West opportunity, Southern Riverina cattle powerhouse 'Whittier Park' hits the market and Queensland carbon and grazing portfolio tipped to fetch more than $40 million.
Size: 1.289 million hectares
Location: Glendambo region, SA
Sale price: Undisclosed
The world's largest contiguous sheep station has been sold, with Jumbuck Pastoral's North West Pastoral Aggregation changing hands in one of Australia's most significant pastoral transactions.
While Elders, which brokered the sale, confirmed no sale price would be disclosed, industry sources said when the aggregation was listed earlier this year that it could fetch more than $40 million.
The buyer is the ATAYF group of companies, the private investment vehicle of Adelaide businessman Professor Khalil (Charlie) Shahin AO, which has acquired the three-station aggregation as a long-term family investment.
Spanning almost 1.3 million hectares across Commonwealth Hill (553,100ha), Mobella (426,600ha) and Bulgunnia (310,000ha) stations in South Australia's north-west pastoral region, the aggregation supports a self-replacing Merino flock with a prescribed carrying capacity of more than 83,300 sheep.
Elders Real Estate Chief Executive Tom Russo said the offering generated strong interest from both Australian and overseas investors.
"This was one of the most significant sheep and wool production opportunities ever offered to the Australian market and we received interest from a broad range of domestic and international investors," he said.
He said the successful campaign demonstrated continued confidence in Australia's sheep industry.
"Australia's sheep industry remains one of the nation's great agricultural success stories. To see substantial new capital being committed to the sector at this scale is a strong endorsement of its future and of the opportunities that exist in regional Australia," Mr Russo said.
The sale follows Jumbuck Pastoral's succession planning process, ending the MacLachlan family's ownership of the aggregation after decades of stewardship.
Callum MacLachlan said selecting the right purchaser had been central to the process.
"Throughout the sale process it was important to us that the aggregation passed to an owner who understood the significance of the assets, respected the work of the people who have managed them and shared our belief in the future of Australian agriculture," he said.
Mr MacLachlan said the family believed the stations had found the right custodians.
"We have come to know Charlie and his family through this process and believe they will be excellent custodians of the aggregation,” he said.
“Their commitment to long-term investment, family values and Australian agriculture gives us great confidence that these stations have a bright future ahead of them."
Mr Shahin said the acquisition fulfilled a lifelong ambition and reflected his family's confidence in Australian agriculture.
"The Jumbuck aggregation is an extraordinary collection of pastoral assets assembled and developed over many decades through skill, patience and sustained investment,” he said.
“We are honoured that the MacLachlan family has entrusted us with the responsibility of carrying that legacy forward.
"We have great confidence in the future of the Australian sheep and wool industry. Demand for high-quality natural fibre and premium protein continues to grow globally and Australia remains uniquely positioned to meet that demand."
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Size: 11,288ha
Location: Arrowsmith, WA
Sale method: EOI closing on September 17 at 12pm (AWST).
Price guide: N/A
A large-scale grain-growing enterprise in Western Australia's Mid West has been listed for sale, offering buyers the chance to acquire an institutional-scale cropping operation that has undergone a significant transformation in recent years.
Known as the Arrowsmith Portfolio, the 11,288ha holding comprises the contiguous Arrowsmith, Eraramba and Rainey Plains properties, with a combined 9,522ha of arable land.
Located within a 12km radius of each other in the Geraldton Port Zone, the portfolio is positioned 35km south of the CBH grain receival site at Mingenew and sits on an approved C-train route providing direct access to the Port of Geraldton.
LAWD director Simon Wilkinson said the current owners had invested heavily in repositioning the asset as a specialist grain production enterprise over the past four years.
"This has resulted in large, streamlined paddocks supported by an extensive road network, enabling maximum operating efficiency," Mr Wilkinson said.
He said the investment had also included an extensive soil improvement program.
"Production has been underpinned by a comprehensive soil testing program and the amelioration of more than 50 per cent of the arable area, alongside significant lime application."
The three holdings comprise Arrowsmith (3,302ha, including 2,530ha arable), Eraramba (3,677ha, including 3,217ha arable) and Rainey Plains (4,309ha, including 3,775ha arable).
The predominantly sandy gravel and deep sand soils have been improved through deep ripping, spading, delving and limesand applications completed across the 2024, 2025 and 2026 seasons.
The region receives an average annual rainfall of about 400mm, including around 311mm during the key April to October growing season, while average yields over the past four years have reached 2.7 tonnes per hectare for wheat, 1.32t/ha for canola and 1.44t/ha for lupins.
Mr Wilkinson said the turnkey operation also featured extensive infrastructure, including multiple residences, machinery sheds, fertiliser and chemical storage, grain silos, staff accommodation and livestock facilities.
"There is excellent infrastructure suited to its operational scale, including quality staff housing, sheds, grain storage, and associated facilities."
He said buyers also had the option to purchase the property on a walk-in, walk-out basis.
"The Arrowsmith Portfolio represents an excellent opportunity to acquire a modern, large-scale grain operation in a highly reliable rainfall zone, with the option to purchase on a walk-in, walk-out basis, including a comprehensive plant list and existing management team."
The Arrowsmith Portfolio is being offered for sale via expressions of interest, closing on September 17 at 12pm (AWST).
Size: 1,978.4ha
Location: Deniliquin
Sale method: EOI closing on September 2 at 12pm (AEST).
Price guide: N/A
A highly developed Southern Riverina livestock enterprise with the capacity to run hundreds of breeding cows and a commercial-scale cattle handling system has been listed for sale, offering buyers the chance to secure one of the region's premier mixed farming properties.
The 1,978.4ha Whittier Park, about 30km south-west of Deniliquin, has been owned and progressively developed by the Daly and Way families over the past 35 years and is being offered for sale by expressions of interest.
Since 2015, Whittier Park has also been home to the Kilcock Santa Gertrudis Stud.
Under the Way family's management, the enterprise has consistently carried about 700 breeding cows, more than 20 aged bulls, more than 100 weaner bulls and 150 replacement heifers, highlighting the property's proven commercial capacity as a large-scale breeding and production enterprise.
Purpose-built for efficient livestock production, the property combines extensive cattle infrastructure with productive irrigated and dryland country, substantial water resources and a well-planned paddock and laneway network designed to maximise operational efficiency.
Elders Real Estate Deniliquin agent Matt Horne said the cattle handling facilities were among the property's defining features.
"A standout feature of 'Whittier Park' is its extensive cattle handling infrastructure,” he said in the listing.
“The undercover cattle yard complex has been purpose designed for commercial scale livestock operations and incorporates dedicated drafting, processing, weighing, handling and loading facilities, supporting the efficient management of cattle throughout the production cycle."
Mr Horne said the infrastructure extended well beyond the main yards.
"Adjoining the main cattle yard complex are seven holding yards, 3x cooler paddocks in creek, with an estimated fattening capacity of 600 to 1,000 head,” he said.
“Together, this comprehensive infrastructure provides a highly functional and efficient system for processing, managing, holding and finishing significant cattle numbers."
The property is divided into 22 main paddocks and two holding paddocks, linked by an extensive laneway system that simplifies the movement of livestock and machinery.
About 20km of fencing has been renewed over the past decade, with about 70 per cent now electrified.
Complementing the cattle operation are established sheep handling facilities, including a six-stand shearing shed, undercover drenching and classing race, steel sheep yards and an adjustable loading ramp, providing flexibility for mixed livestock enterprises.
Water security is another major feature, with an extensive distribution system centred on a 500,000L storage tank supplying multiple poly tanks and concrete troughs across the property.
About 350ha has been developed for flood irrigation, supported by dual water supply infrastructure, 1,353ML of Murray Irrigation water and delivery entitlements, and 779ML of Lower Murray groundwater entitlements serviced by a deep irrigation bore capable of producing 15 to 20ML a day.
The irrigated country includes established lucerne and ryegrass pastures, complemented by productive dryland country featuring ryegrass and natural trefoil clover, creating a substantial feed base for livestock and fodder production.
A seasonal creek running through the property also provides valuable shelter for stock while enhancing the landscape.
Operational improvements include two residences, extensive shedding, workshops, grain storage, a feed mill and stables, providing an incoming purchaser with a turnkey agricultural enterprise.
Expressions of interest for Whittier Park close on September 2 at 12pm (AEST).
Size: 132,002ha
Location: Western Queensland
Sale method: EOI closing on September 3 at 12pm (AEST)
Price guide: $40-million-plus
One of Australia's largest natural capital investment opportunities has been brought to market, with a 132,000ha carbon and grazing portfolio in western Queensland expected to attract offers above $40 million.
Known as the Carbon Regeneration Aggregation, the portfolio combines five established Human-Induced Regeneration (HIR) carbon projects with an ongoing grazing enterprise, creating multiple long-term income streams for investors.
The aggregation includes the Crown Pastoral Lease Bronte (35,300ha) and the freehold properties Woodlands (33,366ha), Moama and Bundawaugh (42,906ha), Ryandale (13,963ha) and Bindebango (6,467ha).
LAWD national director Tim McKinnon said the carbon projects were already generating significant returns, with about 80,000 Australian Carbon Credit Units (ACCUs) accruing annually to the landowner before a 15 per cent carbon service provider interest.
"Net ACCU accumulation is forecast to peak at close to 88,000 units per annum in the early 2030s, demonstrating a strong growth outlook for investors," Mr McKinnon said.
More than 1.5 million ACCUs are projected to be generated across the projects through to 2047.
Alongside its carbon income, the portfolio supports an established grazing business through ongoing agistment agreements, with a combined carrying capacity of more than 2,000 Adult Equivalents.
"The diversified income stream also includes an established grazing enterprise based on ongoing agistment agreements, with a combined carrying capacity of more than 2000 Adult Equivalents (AEs)," Mr McKinnon said.
The grazing operations are supported by extensive water infrastructure, including bores, dams, tanks, troughs and reticulation systems, while several properties also benefit from seasonal creeks and natural watercourses.
Infrastructure across the aggregation includes substantial exclusion and boundary fencing, internal paddocks and laneways, cattle yards, shearing sheds, workshops, machinery sheds and storage facilities.
The properties are also improved with multiple homesteads and staff accommodation, together with landscaped house yards, garages, sheds, rainwater storage and established gardens.
Mr McKinnon said the aggregation's scale and diversified revenue streams made it a rare offering for the market.
"The Portfolio is being offered in-one-line, making it a rare institutional-scale natural capital investment opportunity that is suited to a range of potential purchasers from carbon farming groups, natural capital investors, large-scale agribusinesses, or nearby operators seeking expansion opportunities," he said.
The Carbon Regeneration Aggregation is being offered for sale via expressions of interest, closing on September 3, 2026.
Kylie Dulhunty is a journalist with more than 20 years experience covering everything from court to health. Today, Kylie loves nothing more than turning market trends, industry insights and epic property sales - residential, rural and commercial - into captivating stories.
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