THIS week’s property evaluation contains this wrap-up of fascinating current listings in Tasmania, Queensland and northern New South Wales, a separate story on current listings in southern and central components of NSW and an article of just lately accomplished gross sales.
- Tasmania’s largest farm returns to the market
- Tightly held Gulf breeding nation lists
- Two stations on supply in far north-west NSW
Tasmania’s largest farm returns to the market
Tasmania’s largest farm has returned to the market with trade sources suggesting it might make north of $100 million.
Located within the state’s far north-east and spanning 21,744ha, Rushy Lagoon is a grazing and irrigated and dryland cropping alternative.
It includes two contiguous properties – 20,523ha Rushy Lagoon and 1221ha East Wyambi.
Provided on the market in March 2018 by the late Allan Pye, one in all New Zealand’s richest farmers, Rushy Lagoon was anticipated to make $70 million however was subsequently withdrawn following an in depth expressions of curiosity marketing campaign.
The diversified farming enterprise is conducive to a variety of agricultural pursuits together with dairy, sheep, beef and cropping (potatoes, cereals, poppies, hemp, carrot seed, oilseed and legumes).
At present, an space of 1170ha is developed to irrigation (centre pivot), there’s a 693ha irrigated dairy platform providing important scope for enlargement and an estimated carrying capability of 85,000 Dry Sheep Equivalents.
LAWD brokers Danny Thomas and RMS Advisory brokers Peter Ryan and Jarrod Ryan have been appointed to deal with the sale.
Mr Ryan mentioned additional funding in pasture enchancment, irrigation, paddock planning and inventory water programs would considerably enhance sheep and cattle numbers.
Mr Thomas mentioned potential future earnings streams embody lease funds from a proposed wind farm improvement, sand mining royalties and carbon offset funds.
Rushy Lagoon receives a median rainfall of 750mm a 12 months and advantages from substantial water entitlements (12,548ML) and on-farm water storages (3935ML) and a allow to assemble an extra 2500ML dam.
Infrastructure features a 20-stand shearing shed.
Rushy Lagoon and East Wyambi are being provided on the market as an entire or as separate belongings by expressions of curiosity closing on November 1.
Located in Tasmania’s far north-east and spanning 21,744ha, Rushy Lagoon is a grazing and irrigated and dryland cropping alternative.
Tightly held Gulf breeding nation lists
After 20 years of possession, a New South Wales-based household is consolidating its belongings and promoting its Queensland Gulf breeding nation with an accredited carbon undertaking.
Located within the tightly held Burke Shire, the 235,932ha Bowthorn Station border the NT border and is 70km from Doomadgee and 170km west of Burketown. It adjoins Garden Hill to the east and Turnoff Lagoons to the north.
The turn-key operation is being provided on a walk-in walk-out foundation, together with 6053 breeders and followers and 143 bulls plus an in depth checklist of plant and gear.
Ray White’s Liam Kirkwood and Brodie & Co’s Sam Daniels have been appointed to deal with the sale of Bowthorn.
The leasehold nation ranges from crimson to sandy loam with areas of seca stylo and buffel, in addition to spinifex hills.
A dependable common rainfall of 714mm each year grows a superb physique of grass for a carrying capability of 7500 breeders.
There’s potential to extend numbers with additional improvement.
Ray White property specialist Liam Kirkwood mentioned Bowthorn ticked a number of containers and was attracting good inquiry from carbon gamers, personal buyers and household teams.
“It represents a compelling funding alternative for producers looking for a large-scale breeder property to provide weaners into ending nation or these contemplating carbon credit accessible by way of the accredited HIR undertaking.”
“As well as, somebody might look to additional develop the virgin nation to extend carrying capability and the general worth of the asset, or to run a mixed livestock manufacturing and tourism enterprise,” Mr Kirkwood mentioned.
The property is watered by a number of year-round pure watercourses, together with the Nicholson River, 30 waterholes, 27 dams, 14 bores and quite a few creeks and is derived.
Infrastructure features a four-bedroom dwelling, two cottages, an eight-bedroom employees quarters, quite a few sheds and 6 metal cattle yards.
Bowthorn Station is on the market by expressions of curiosity closing on October 23.
Two stations on supply in far north-west NSW
Damaged Hill-based Nutrien Harcourts agent Troy Hartman is advertising two stations within the far north-west of New South Wales.
Tarakan Station
Damaged Hill’s Allison Home, which till just lately supplied lodging for highschool college students from remoted properties, is promoting Tarakan Station.
The 40,469ha holding is located within the Nook Nation, 50km from Tibooburra and 380km from Damaged Hill.
Mr Hartman was unable to supply a worth information for Tarakan nonetheless, in July 2022, the close by 67,955ha Lake Stewart Station made $80/ha ($32.50/ac).
The property includes a thriving rangeland grazing enterprise which has operated as a low-maintenance cattle breeding operation for the previous 20 years.
Mr Hartman mentioned the well-established enterprise mannequin has confirmed to be each sustainable and environment friendly, permitting for the efficient administration of cattle in a pure atmosphere.
The various and picturesque panorama includes a mixture of undulating ironstone and sandy ridges, and creeks lined with majestic gum bushes.
There’s a good physique of feed after good rain during the last 12 months, together with cannonball, copper burr, woolly butt, saltbush, blue bush and Mitchell grass.
The seven dams are described as a standout characteristic, supported by a 5000-gallon tank and 226mm of common annual rainfall.
Infrastructure contains an unequipped wool shed and cattle yards.
Registrations of curiosity for Tarakan shut on November 12.
Tarakan has a superb physique of feed after good rain during the last 12 months, together with cannonball, copper burr, woolly butt, saltbush, blue bush and Mitchell grass.
Mulga Valley Station
Meantime, locals desirous to broaden and South Australian producers looking for geographic range so as to add to their present portfolios are displaying good curiosity in Paul and Jane Martin’s Mulga Valley Station.
The 16,576ha are situated close to Broughams Gate, 120km from Damaged Hill, west of the Barrier Ranges and east of the South Australian border fence.
Mr Hartman was unable to supply a worth information for Mulga Valley nonetheless, neighbouring nation just lately bought for $76/ac.
Lately, the Martins undertook appreciable enhancements to fencing and livestock dealing with amenities to develop the property into an simply managed dorper breeding enterprise.
Mulga Valley has a various mixture of native pastures, together with Mitchell grass and salt bush, overlaying undulating sandy rises and field swamps alongside localised flood out areas.
Water is supplied by three bores (two geared up), a considerable dam and quite a few tanks.
It’s being provided on the market by registration of curiosity closing on October 15.
Mulga Valley has a various mixture of native pastures, together with Mitchell grass and salt bush, overlaying undulating sandy rises and field swamps alongside localised flood out areas.
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