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Roma’s versatile Meeleebee Downs could make $140m

Meeleebee Downs is at the moment operating 3000 breeders and has an estimated carrying capability of 9500 grownup equivalents.

 

THE mixture of safe and in depth water supplemented by further earnings from 22 Origin Power fuel wells is anticipated to spark vital curiosity in Freeman Pastoral Co’s Meeleebee Downs close to Roma in southern Queensland, which is anticipated to promote for greater than $140 million.

The 24,168ha property positioned 65km north-east of Roma is being supplied both as a complete or mixtures of 4 separate holdings, with every accessing photo voltaic and electrical powered Precipice bores.

Meeleebee will supply a useful early property worth benchmark for high quality, large-scale buffelgrass backgrounding/breeding nation in 2025.

Comprised of six Freehold titles, The property is at the moment operating 3000 breeders and has an estimated carrying capability of 9500 grownup equivalents.

This stocking fee is supported by an in depth system of watering factors from 4 bores that faucet into the Sandstone Precipice, a significant aquifer within the Surat Basin, plus 18 shallow bores that collectively provide 71 tanks to a community of greater than 200 gravity-fed troughs. The property additionally boasts 67 dams, additional supported by a median annual rainfall of 560mm.

After being impressed by the standard of Meeleebee Downs cattle seen at a sale in 1959, the Freeman household purchased the property and started to implement their philosophy of bringing water to cattle, relatively than cattle to water.

“When purchased in 1975, Meeleebee Downs was an undeveloped brigalow, bottle tree and belah block and the Freemans set about establishing, on common, 4 watering factors in every paddock, to finest utilise out there feed,” Kell Freeman mentioned.

The 4 photo voltaic and electrical powered Precipice bores are deep and dependable as they faucet into the Nice Artesian Basin and are able to watering your entire holding. The property additionally has frontage to the Slate Hill, Barton and Kangaroo Creeks, and in depth improved pastures of primarily buffel and Rhodes grass, in addition to native grasses and seasonal medics.

“The geographical location of the property means we’re typically below early storms, and the rain we had in spring has continued, so we’re having fun with an excellent season,” Kell Freeman mentioned.

Past its cattle operations, Meeleebee Downs receives further earnings from 22 Origin Power fuel wells, a communication tower and a Powerlink easement.

The predominantly undulating downs land consists of 10,250ha of improved brigalow belah scrub, 5278ha of poplar field on duplex soils, 3,815ha of brigalow with blackbutt and 1875ha of poplar field on alluvial plains.

The breeder herds are cut up into three – Hereford, Hereford-cross and a terminal herd joined to Santa Gertrudis and Angus – with cattle completed for licensed EU and PCAS markets.

The property has six units of moist cattle yards and is a brief drive from Roma Saleyards, the most important cattle promoting centre in Australia. Meeleebee additionally has handy entry to a community of cattle feedlots and beef processors in south-east Queensland.

An impressive six-bedroom homestead with massive downstairs rumpus room was just lately re-roofed and is ready in established gardens. There’s additionally vital lodging choices for workers, together with a renovated supervisor’s dwelling, renovated dwelling and quite a few quarters.

Operational infrastructure consists of equipment sheds, workshops, automobile sheds, a chemical shed, in addition to a metal body plane hangar. The property options bitumen entry to trucking yards in addition to a strategic fencing plan which hyperlinks grazing areas to holding paddocks and yards, while leveraging numerous water sources, vastly enhancing productiveness.

Talking on behalf of promoting brokers LAWD, senior director Danny Thomas mentioned it was a case of ‘What’s to not like?’ about Meeleebee Downs, as a large-scale holding in considered one of Queensland’s most safe and confirmed beef manufacturing areas.

“The property is very developed, it has undergone vital transformation specializing in water infrastructure and reliability, improved pastures and in depth fencing, and there may be the appreciable ‘set and overlook’ earnings from Origin Power’s fuel wells,” Mr Thomas mentioned.

“We’d count on Meeleebee Downs to enchantment to a variety of potential consumers, from institutional traders or company farming teams, to excessive internet value people and present cattle business operators in search of to broaden.”

Meeleebee Downs is being supplied by way of LAWD by Expression of Curiosity (both as a complete or any mixture of separate holdings) closing Wednesday 19 February.

 

 

 

 

 

 

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