THIS week’s property review includes this wrap-up of significant recent listings across the country, and a separate article of recently completed sales of note.

• Pickersgills list CQ’s Maryvale
• NSW property offers three cash flows
• NSW’s Rivendell offers finishing & farming
• NSW Western Division country lists after 77 years
• Jim Gordon sells the family farm after 120 years
• Qld block offers water and grass
• CQ riverfront cattle & irrigation block
• Northern NSW grazing & irrigation opportunity relists
• RFM offloads FNQ aggregation

Cattle on Owen Downs – see entry below

Pickersgills list CQ’s Maryvale

After recently securing Central Queensland’s Rockland Spring (see tonight’s separate properties sold report), the Pickersgill family is selling its Alpha backgrounding and finishing opportunity with organic certification.

The 11,796ha Maryvale, encompassing two freehold titles and one leasehold, is west of the Drummond Ranges, 35km east of Alpha and 95km from Clermont.

Maryvale has soft quick responding soil types growing buffel, forest Mitchell and other native grasses capable of supporting around 5000AE (season dependent).

The country comprises 3500ha of brigalow, gidgee and blackbutt, 5000ha of mountain coolibah and narrow-leaved ironbark and 3000ha of floodplain coolibah flats and poplar box.

LAWD agent Grant Veivers was unable to provide a price guide for Maryvale, but said strong inquiry was coming from locals, southern and central Queensland, the Northern Territory and New South Wales producers.

The property is certified by the National Standard for Organic and Biodynamic Produce, in addition to organic standards issued by the United States Department of Agriculture.

Located in a 564mm average annual rainfall region, Maryvale fronts the Lime, Casey, Bottle Tree and Breakaway Creeks that provide seasonal waterholes, and is securely watered by seven bores and 21 dams.

Infrastructure includes a four-bedroom homestead, staff accommodation, a two-bedroom cottage, two steel cattle yards and numerous sheds.

Maryvale is being sold by expressions of interest closing on June 20.

NSW property offers three cash flows

A New South Wales property boasting a three-pronged cash flow business is being offered by a family partnership after five years of ownership.

Nestled on the banks of the Barwon River, the 4546ha Long Swamp is situated 16km north of Collarenebri and 140km west of Moree.

The property has a mix of livestock breeding or finishing, conservation and a carbon sequestration project offering significant returns.

It is currently running Dorper ewes and 250 cows.

Long Swamp has a significant avoided deforestation carbon sequestration project (with another 12 years remaining) and a biodiversity conservation project on 1177ha. Both offer cash returns.

Nutrien Harcourts GDL agent Nick Dunsdon believes the carbon projects will be a drawcard.

“Interest is likely to come from existing carbon players, producers looking for alternative sources of income to shore up their cashflow, as well as neighbours and locals,” he said.

The country on Long Swamp is a mix of wilga, belah, box and brigalow with heavy grey soils to lighter red soils.

Around 141ha of coolabah river country, ideal for winter cropping, can be permanently farmed. A further 445ha can be farmed three times over a 15 year period.

Situated in a 495mm of average annual rainfall region, the property is well-watered by the Eight-Mile bore scheme, three dams, permanent and semi-permanent waterholes in the Barwon River and the Twelve-Mile watercourse.

Long Swamp is partly exclusion fenced, with 20km of new exclusion fencing and 20km of new internal fencing.

Infrastructure includes a three-bedroom home, new cattle yards, a shearing shed, sheep yards and numerous sheds.

Expressions of interest close on June 14.

NSW’s Rivendell offers finishing & farming

A local family has listed its versatile finishing and farming enterprise on the renowned South-West Slopes region of New South Wales with hopes of raising between $5.75 million and $6.25 million.

The 438ha Rivendell, near Nangus, 20km from Gundagai and 60km from Wagga Wagga, comprises the 239ha Rivendell and the 198ha Rivendell North.

The family, who has held the property for around eight years, will also consider selling the two holdings separately.

The price guide for Rivendell is $3.8-$4.2m and $2-$2.2m for Rivendell North.

Both offer a balance of fertile red loam soils with 55 percent arability which means it is well suited to perennial pastures and lucerne, cash/grazing crops, hay and livestock production.

The vendors are currently running 200 breeding cows alongside a dual-purpose cropping program, but the estimated carrying capacity is 300 breeding cows or 4500DSE to 4800DSE.

Inglis Rural Property agent Liam Griffiths described Rivendell as a model farm.

“Underpinned by high productivity and versatility, the property boasts professional agronomic management and presents in outstanding condition,” he said.

Featuring a sophisticated stock and domestic water system with a newly installed solar pump, Rivendell is also watered by a bore and 14 dams.

Infrastructure includes a four-bedroom home, a four-stand shearing shed, steel sheep and cattle yards, a shed and eight silos with 355 tonnes of capacity.

Offering two road frontages (Nangus Road and Oakhills Road), Rivendell also offers subdivision potential with current zoning allowing for 40ha plots.

Expressions of interest for Rivendell close on June 27.

Featuring a sophisticated stock and domestic water system with a newly installed solar pump, Rivendell is also watered by a bore and 14 dams.

NSW Western Division country lists after 77 years

An offering of a diverse parcel of station country in New South Wales’ western division will end 77 years of ownership by the Taylor family.

Located 95km from Wanaaring and 180km north of White Cliffs in the state’s far north-west, the 41,530ha Owen Downs has a history of running both sheep and cattle.

Operated as a breeding enterprise, the Taylors have been running 600 cows and calves (in an average season) and taking advantage of seasonal fattening opportunities.

Today, the station is conservatively stocked with 250 head of cattle as the vendors prepare to retire from the industry.

Featuring productive open plains growing Mitchell, Flinders, Queensland blue and native grasses, Owen Downs has an abundance of feed following good summer rain.

Owen Downs is watered by five bores and one shared bore, supported by creek systems, numerous watering holes and 13 earth tanks in a 237mm annual average rainfall district.

Infrastructure includes a four-bedroom home, three cattle yards, two sheep yards, a four-stand shearing shed, a shearer’s quarters and numerous sheds.

Owen Downs is being sold with plant via expressions of interest closing on June 25. Nutrien Harcourts agent Troy Hartman is handling the sale.

Located 95km from Wanaaring and 180km north of White Cliffs in the state’s far north-west, the 41,530ha Owen Downs has a history of running both sheep and cattle.

Jim Gordon sells the family farm after 120 years

Prominent New South Wales commercial wool grower Jim Gordon is selling the family farm after more than 120 years of ownership.

The 1082ha Glensloy is located near Memagong, 8km from Lambing Flat and 9km west of Young, in the tightly held Hilltops district of the state’s South West Slopes region.

Offered to the market for the first time since 1901, the lamb, wool and beef production holding has been conservatively managed and is currently running 2000 ewes, 1500 lambs and 100 cattle.

Boasting an abundance of feed and water, Elders agent Rachelle Barnett said Glensloy also has the ability to run 500 wet cows.

Around 981ha is arable, with a winter cropping program underway on 248ha of red to sandy loam soils.

Ms Barnett was unable to offer a price guide but said local sales are exceeding $7000/ac.

“Glensloy is attracting widespread inquiry, mostly from locals with some interstate interest as far as South Australia,” he said.

Ms Barnett said the property offers carbon credit opportunities.

“Chemicals haven’t been used on the property for 20 years and recent soil tests show an impressive average 5.4pH level and excellent organic carbon levels.”

Water is secured by 15 dams (some are spring fed), seven bores and Stoney Creek frontage.

Infrastructure includes a seven-bedroom, circa 1906 home, two three-bedroom homes, numerous sheds, 100 tonnes of grain storage, cattle yards, a seven-stand shearing shed and steel sheep yards.

Glensloy will be auctioned on June 14.

Qld block offers water and grass

Locals seeking expansion and entry level producers are anticipated to vie for a well-grassed and well-watered property in Queensland’s Western Downs and Maranoa regions.

The 931ha Woodlawn is located 25km south of Glenmorgan and has been held by the Walton and Wakefield families for 98 years.

Presenting well after a good season, Woodlawn can run around 160 breeders but has been lightly stocked for several years.

The country is mostly cleared brigalow and belah country carrying a good body of buffel and strong stands of blue grass, kangaroo grass and other natives.

Watered by eleven dams, the infrastructure includes a four-bedroom home, cattle yards, a two-stand shearing shed and quarters.

Woodlawn is being auctioned on June 20. The sale is being handled by Nutrien Harcourts agents John Malone and Brock Simpkins.

The 931ha Woodlawn is located 25km south of Glenmorgan and has been held by the Walton and Wakefield families for 98 years.

CQ riverfront cattle & irrigation block

An intensely managed irrigated grazing property on Central Queensland’s Pioneer River is being offered for sale by Nutrien Harcourts.

The 359ha Pinevale is situated near Mia Mia, in the picturesque Pioneer Valley, 40 minutes west of Mackay.

Boasting 1km of Pioneer River frontage, with access to the upper reaches of the Mirani Weir, the lightly timbered open forest ridge country has fertile loam and scrub soils with 100ha suitable for irrigated cane farm production.

Suited to backgrounding, breeding and finishing, Pinevale is running around 280 breeders on 282ha, but numbers could be increased by diversifying into hay production, legumes or silage.

Agent Gary Johns said the deep alluvial soils are ideal for heavy rotational grazing and farming, giving the incoming purchaser a guaranteed annual prime trade turnoff under all seasonal conditions.

The property is offered with 223ML of water from the Pioneer River, 257ML of water from two bores, permanent creek water and four dams.

Infrastructure includes a cottage, new steel cattle yards, two sheds and a 50-bin cane siding.

Around 3000 tonnes of cane for the 2024 harvest will be included in the sale. Expressions of interest for Pinevale close on July 11.

Northern NSW grazing & irrigation opportunity relists

John and Trish Bellinger’s Northern Tablelands grazing and irrigation opportunity has been listed for $7.2 million after failing to sell at auction.

The 1194ha Beaumont, 7km east of Ashford and 52km north of Inverell, is described as a versatile, well-improved backgrounding and finishing depot.

The property has a good mix of soil types from alluvial flats along the Severn River rising to soft trap with some steeper areas.

Under the current management, Beaumont has been run as a self-replacing sheep and cattle enterprise with cash cropping.

The property is estimated to run 6800DSE, however the Bellingers believe these numbers could be increased by direct drilling more than 300ha to pastures.

Around 80ha is currently farmed to lucerne (this area could also be increased), with the irrigation also suited to a range of cash and small crops.

Averaging around 750mm of rainfall annually, Beaumont has 10km of double frontage to the Severn River, 15 dams, four pivots and three water licences totalling 150ML.

The irrigation is used to grow forage crops to finish cattle and sheep to safeguard stock turn-off in any season.

Infrastructure includes two homes (one circa 1920), a four-stand shearing shed, sheep yards, steel cattle yards and numerous sheds.

The sale is being handled by Nutrien Harcourts GDL agent Jeff Garland.

Heifers on Beaumont

RFM offloads FNQ aggregation

As flagged earlier this week, Rural Funds Management is offloading its significant beef breeding aggregation with carbon sequestration projects in far north Queensland.

The 140,300ha Mutton Hole and 85,500ha Oakland Park are located in the heart of the Gulf of Carpentaria.

Mutton Hole is 15km north of Normanton and the nearby Oakland Park is 45km north-east of Croydon. Miranda Downs, owned by Peter Hughes, neighbours both properties.

The holdings were purchased by RFM in 2016, the same year it secured the 17,500ha cattle enterprise Rewan in Central Queensland as part of its first major push into the beef sector.

Across the 225,800ha, Mutton Hole and Oakland Park can run 17,600 adult equivalents or more specifically, 11,700AE on Mutton Hole and 5900AE on Oakland Park.

Conditional approval has been given (but not yet activated) to generate carbon credits under the Mutton Hole and Oakland Park Regeneration Projects using the Human Induced Regeneration methodology.

LAWD and Queensland Rural agents have been appointed to handle the sale.

Grant Veivers reports strong interest from local and Northern Territory producers keen to expand with more breeder country, as well as carbon and fund groups.

Mutton Hole

It features 120,300ha of mostly open forest (interspersed with swamps rising to sand ridges) and 20,000ha of marine and coastal plains. Fronting the Norman and Carron Rivers and the Wills and Walker Creeks, Mutton Hole has more than 85 dams. Infrastructure includes a three-bedroom home, a two-bedroom cottage, three cattle yards and numerous sheds.

Oakland Park

Gently undulating country characterised by low sand ridges, timbered forests, shallow hollows and swamps. It benefits from the Carron River, Foote and Green Creeks, numerous seasonal waterholes, more than 55 dams and an equipped bore. Infrastructure includes two three-bedroom homes, a nine-bedroom staff quarters, three cattle yards and numerous sheds.

In recent years, capital expenditure projects across the aggregation have focused on livestock handling facilities, water infrastructure, fencing, pasture improvement and accommodation.

Available on a walk-in, walk-out basis, the turnkey opportunity will include between 12,000 and 15,000 head of cattle, plant and machinery.

Mutton Hole & Oakland Park are being offered for sale by expressions of interest closing on July 1.