THIS week’s property evaluation consists of this wrap-up of attention-grabbing latest listings throughout the nation, and a separate article of just lately accomplished gross sales of observe.
- Filipino Romeo Roxas lists NT cattle station
- Longreach’s Darriveen lists for first time in 70 years
- Chinese language to dump Qld aggregation
- $45m+ for various Liverpool Plains nation
- NQ savannah grazing nation lists
Murray Downs Station is situated within the decrease Barkly Downs area of the Northern Territory, 200km south of Tennant Creek and 400km north of Alice Springs.
Filipino Romeo Roxas lists NT cattle station
On the age of 85, Filipino lawyer, businessman and property developer Romeo Roxas has determined to dump the final of his rural holdings in Australia.
After 9 years of possession, Mr Roxas has listed the 559,500ha Murray Downs Station situated within the decrease Barkly Downs area of the Northern Territory, 200km south of Tennant Creek and 400km north of Alice Springs.
The mushy mulga and buffel breeding nation, pictured above, is ready to run between 10,000 and 12,000 breeders, with the Davenport Ranges to the north offering wonderful flood out.
Murray Downs is watered by 34 bores (together with 30 photo voltaic powered) and advantages from the Amelia, Skinner and Murray Creek techniques, in addition to seasonal waterholes.
David Russell from Nutrien Russell Property and Livestock has already booked 4 inspections for Murray Downs, with a lot of the inquiry coming from locals and Queensland producers searching for breeder nation.
Potential patrons may embody the Pickersgill household (buying and selling because the Bunderra Cattle Firm) who bought the neighbouring 460,900ha Impartial Junction Station two years in the past.
Distinguished Queensland Santa Gertrudis breeders David and Suzanne Bassingthwaighte are one other risk. 5 years in the past, they secured the Roxas-owned 265,600ha decrease Barkly Downs cattle station Epenarra, which is 100km north of Murray Downs.
Bought by Mr Roxas’ Australian Inexperienced Properties in 2015, Murray Downs Station has undergone intensive water, fencing and structural enhancements.
Infrastructure consists of quite a few renovated residences, together with a four-bedroom dwelling, a wide range of sheds and 12 cattle yards.
Mr Russell mentioned Murray Downs gives the incoming purchaser additional improvement alternatives.
“Mr Roxas has spent hundreds of thousands of {dollars} upgrading the stations he has bought and remains to be enterprise works on Murray Downs, together with a brand new set of cattle yards,” he mentioned.
“Moreover, there’s a mountain of poly pipe, tanks and troughs but to be put in. It’s a ‘work in progress’ and if not accomplished by settlement, will likely be handed on to the brand new proprietor,” Mr Russell mentioned.
Murray Downs is being supplied on the market on a walk-in, walk-out foundation, together with 10,000 high quality Santa cows, heifers and followers, by way of expressions of curiosity closing on September 6.
Romeo Roxas’ property acquisition historical past
November 2015 – Mr Roxas paid greater than $20m, together with 18,000 head of cattle, for the 560,000ha Murray Downs and 265,000ha Epenarra Stations.
June 2019 – the 265,600ha decrease Barkly Downs Epenarra Station, 550km north of Alice Springs, was offered to Mungallala’s David and Suzanne Bassingthwaighte (along with their 5 youngsters) from Muldoon Station, for $14m (WIWO together with 8000 Droughtmaster cattle).
Mr Roxas’ 4 years of possession and enhancements had resulted in a superb water provide, well-appointed buildings and lodging, high quality dealing with yards, paddocks, laneways and 100km of latest fencing.
In 2022 – Australian Inexperienced Properties (owned by Mr Roxas) offloaded two western New South Wales holdings to additional develop the Central Australian cattle station, Murray Downs.
- The 8788ha Kopyje Station in New South Wales’ north-west made $5.2 million ($586/ha) when it was offered at public sale. Located 35km north of Nymagee and 115km south-west of Nyngan, it was operating 322 cows and followers, 10 bulls and 300 Dorper ewes, in addition to harvesting round 1200 nomadic rangeland goats a yr.
- The 1187ha Scrubby on Yanda, situated 12km east of Cobar, offered at public sale for $495,000. On the time it was carrying round 300 Dorpers and nannies.
Different western NSW properties held by Romeo Roxas embody:
- 61,918ha Paddington Staton, 120km north of Ivanhoe and 120km south-west of Cobar, offered in November 2015 for $2.5m.
- 55,066ha Keewong Station, 130km south-west of Cobar and 130km north of Ivanhoe, offered in December 2015 for $2.5m.
- 18,225ha Coronga Downs, 41km north of Cobar, offered in October 2019 for $1.6m.
Longreach’s Darriveen lists for first time in 70 years
Round 70 years of Hetherington household possession will finish with the sale of Darriveen in western Queensland.
Positioned 75km north of Longreach and 80km south of Muttaburra, the 9569ha absolutely exclusion fenced property was bought within the Nineteen Fifties, with Tony and his spouse Jan taking the reins in 1963 and their daughter Edwina and husband Ray Cameron operating it for the previous 20 years.
The productive breeding and ending property boasts heavy carrying, open Mitchell grass downs nation able to operating each cattle and sheep.
Resolute Property Group agent Ben Forrest mentioned the excessive calibre grazing asset is simple to handle.
“It will swimsuit entry stage patrons, current producers searching for growth or these from the north wanting a block to background weaners,” he mentioned.
Located in a 425mm common annual rainfall area, the property is watered by a photo voltaic geared up artesian bore, two dams and quite a few waterholes.
Infrastructure features a four-bedroom Queenslander homestead, a two-bedroom cottage, metal cattle yards, two sheep yards, sheds, a six-stand shearing shed and a shearers’ quarters.
Darriveen will likely be auctioned on August 2.
Chinese language to dump Qld aggregation
The Sydney-based, Chinese language-owned Hailiang Australian Land Funding Co is offloading two adjoining cattle and cropping belongings in southern Queensland.
The 61,007ha Hollymount and Mt Pushed are situated 50km south-east of St George and 160km north-west of Goondiwindi.
Bought in February 2014, the Hailiang Australian Land Funding Co paid $31.5m for Hollymount and $10m for Mt Pushed and is promoting after a ten-year funding time period.
The properties are being supplied on the market on a naked foundation as an entire or as separate holdings, plus a package deal of three unsupplemented water allocations totalling 3980ML.
Ray White Rural agent Richard Brosnan was unable to provide a worth information for the varied portfolio of properties, saying an expressions of curiosity course of will realise its market worth. EOIs for Hollymount and Mt Pushed shut on August 22.
“The dimensions of Hollymount and Mt Pushed is more likely to entice company and institutional traders, in addition to cattle producers chasing giant tracts of land to steadiness their portfolio.”
Hollymount
The 34,046ha Hollymount includes 4 adjoining properties – Hollymount, Iandra, Beltana and West Harran – superb for cropping and grazing.
There are 3500ha of dryland cultivation at present sown to oats and wheat, 3500ha of earlier cultivation transformed to buffel, 11,960ha of improved pastures and 11,895ha of grazing nation, with the rest older regrowth timber and remnant vegetation.
Hollymount is watered by two bores and 30 dams.
The infrastructure consists of two houses, a donga, two metal cattle yards, quite a few sheds, 5 silos, a shearing shed and quarters.
Mt Pushed
The neighbouring 26,960ha Mt Pushed (comprising Westernbrook and Mt Pushed) is 36km east of St George.
It consists of 18,760ha of established improved pastures, 1800ha of cleared cultivation and 700ha of cultivation land, with 5700ha of remnant vegetation.
It’s watered by the Moonie River, two bores (one is shared between three neighbouring properties), supported by 24 dams.
Infrastructure consists of two houses, two metal cattle yards and a shearing shed.
$45m+ for various Liverpool Plains nation
Greater than $45 million is anticipated for an vital dryland cropping and grazing alternative on the coveted southern finish of the famend Liverpool Plains of northern New South Wales.
After two generations, the Norman household is promoting the 3088ha Staplegrove Aggregation close to Blackville, 48km from Willow Tree and 65km from Quirindi.
It includes three non-contiguous properties -1714ha Staplegrove, 1021ha Brenand and 353ha Glendower.
LAWD agent George Barton is anticipating robust curiosity from institutional patrons and well-geared native farming households, describing the excessive rainfall nation as ‘distinctive’ and the size as a ‘uncommon commodity’ for the area.
The near-level Staplegrove Aggregation options deep black self-mulching clay soils rising to pockets of chocolate basalt soils.
Round 2200ha are planted to winter and summer time crops together with wheat, barley, chickpeas, faba beans, canola, sorghum and cotton, with the 888ha steadiness is used for grazing.
Watered by creek frontages, seasonal waterways and bores, the infrastructure features a dwelling, two cottages, cattle yards, quite a few sheds, a grain dryer and 3800 tonnes of grain storage.
Staplegrove Aggregation is being supplied on the market in one-line or as separate belongings, with expressions of curiosity closing on August 15.
After two generations, the Norman household is promoting the 3088ha Staplegrove Aggregation close to Blackville, 48km from Willow Tree and 65km from Quirindi.
NQ savannah grazing nation lists
Savannah cattle breeding and ending nation is being supplied for personal sale together with 1500 younger Brahman breeders plus calves at foot.
Positioned on the outskirts of Mount Shock, 220km from southwest of Atherton, the 3561ha Savannah as soon as fashioned a part of the 17,650ha Rocky Springs Station, bought in 2019 by Bruce Angel and Gary Hill.
The pair subdivided the holding into three freehold blocks, with the North Queensland patrons including Savannah to their current holdings in November 2020.
The property neighbours Springfield Station to the north, Byrimine to the east and Rocky Springs to the south, in addition to the Mount Shock township.
The picturesque, frivolously timbered and gently sloping savannah grazing nation boasts fertile heavy carrying pink and black basalt soils with scattered rocky outcrops at present carrying a superb physique of grass.
Stockplace Advertising and marketing agent Ashley Naclerio mentioned Savannah gives year-round entry to the Savannah Means freeway.
“There was important curiosity from locals, in addition to producers on the Atherton Tablelands district searching for fattening nation to the west,” he mentioned.
“Savannah is an ideal addition to an current grazing operation or as a starter block with important scale,” Mr Naclerio mentioned.
The Elizabeth Creek runs by way of the Savannah’s western boundary (towards the Mount Shock township) and gives candy frontage grazing.
Located in a 760mm common rainfall area, Savannah is watered by 5 geared up bores, supported by two dams and a small seasonal creek.
Infrastructure consists of two dongas and centrally situated cattle yards (to be put in prior at hand over).
The WIWO sale consists of 1500 good high quality Brahman cross cows, heifers and calves, in addition to plant and tools.
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