Property

Movement at the station: Recent property listings

Property editor Linda Rowley 26/06/2024

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

  • Scale in NSW’s New England
  • Historic Werris Creek property offers diversity
  • Ogilvie family lists two picturesque northern NSW holdings
  • $10m for a slice of Tamworth history
  • Qld’s Thomson River holding lists after 100 years

 

Scale in NSW’s New England

Around $18 million to $20 million is anticipated for a large-scale New England grazing property owned by Will and Harriet Corlis.

The 7404ha Romani is located near Kingstown, 67km from Armidale and 80km from Tamworth in northern New South Wales.

Comprising three adjoining holdings – 2950ha Romani, 1132ha Pretty Gully and 3322ha Bald Rock – the aggregation was purchased in January 2016 and is now being sold to allow the couple to downsize.

Pitt Son’s agent Andrew Blomfield reports good interest from corporates and Queensland producers seeking expansion.

“Estimated to carry 1000 cows or 16,000DSE, the current management is running 5000 Dorper ewes on an eight-month lambing cycle with all lambs being finished on pasture or grain,” he said.

Romani has a mix of fertile trap and granite soils, with an extensive pasture improvement program benefitted by a strong fertiliser history.

Situated in a 750mm average rainfall district, Romani sits at the junction of the McDonald and Namoi Rivers with the property watered by a 2km frontage, spring-fed gullies and dams.

The infrastructure is described as exceptional.

During their six year ownership, the vendors have invested in new fencing, a laneway system and water infrastructure.

There are two four-bedroom homes, staff accommodation, numerous sheds, new cattle yards, a five-stand shearing shed, two steel sheep yards and two 600 tonne silos.

Romani is being offered as a whole or as three separate blocks, via expressions of interest closing on August 2.

 

Historic Werris Creek property offers diversity

An exceptionally well-appointed mixed cropping and grazing holding has been listed for sale on the eastern fringe of the highly regarded Liverpool Plains region of northern New South Wales.

Located in a picturesque and secluded valley, the historic 3855ha Glen Alpine Station is 6km from Werris Creek.

It is one of the largest contiguous land holdings close to Tamworth (50km), as well as feedlots, abattoirs and grain receival depots.

Glen Alpine was one of a number of properties purchased by Alexander Amos in the 1880s. In 1886, he built a gracious homestead designed by Canadian-born Australian architect John Horbury Hunt which was burnt to the ground in 2014.

The property lends itself to a variety of mixed farming pursuits with the vendors breeding, backgrounding and finishing cattle on native perennial pastures and legumes.

Around 1214ha is arable, growing winter, summer and forage crops on heavy black basalt soils and brown, black-brown and red-brown earths. The 2024 dryland cropping program includes wheat and oats.

The property is watered by six bores, the semi-permanent Werris and Chinamen’s Creeks and a number of dams, supported by a 700mm annual average rainfall.

Infrastructure includes four homes, numerous sheds, cattle and sheep yards, a two-stand shearing shed, a fertiliser bunker and silos.

Glen Alpine is being offered by expressions of interest closing on July 25. Rural Sales Australia agent Patrick Hurley and Davidson Cameron and Co agent Simon Burke are handling the sale.

 

Ogilvie family lists two picturesque northern NSW holdings

Inquiry from Victoria to Queensland is being reported for two picturesque grazing properties spanning 4232ha in the highly regarded New England region of northern New South Wales.

Situated near the top of the Clarence River catchment, Te-Angie and Forest Lodge are between 1000m to 1250m above sea level, in a 909mm average annual rainfall area.

Located near Wongwibinda, the properties are 12km apart but are operated together by Richard Ogilvie and family.

MacDougall Rural Property agent Graham MacDougall is conducting separate expressions of interest campaigns closing on July 25.

Te-Angie

Located 33km west of Ebor and 50km east of Guyra, the 2809ha Te-Angie focusses on commercial beef production with the breeding enterprise supported by the nearby Forest Lodge where progeny are backgrounded for the feeder cattle market.

Previously, the Te-Angie Hereford cattle stud operated alongside a prime lamb enterprise running 1000 ewes.

Today, the property runs more than 1000 cows on improved and native pastures. Mr MacDougall said the carrying capacity can be increased with further improvement and fencing.

The landscape is largely shaped by watercourses, creeks and gullies, supported by frontage to the Copes, Fishington and Dead Horse Creeks, as well as several dams.

Infrastructure includes two homes, a cottage, two sheep yards, two cattle yards and numerous sheds.

Forest Lodge

The 1423ha Forest Lodge, 28km west of Ebor and 55km east of Guyra, is operating as a cattle backgrounding operation but would be equally suited to run breeders.

It is running cattle on undulating country featuring mainly loamy trap soils, before being finished on highly improved pastures for slaughter or delivery to feedlots.

Some licensed clearing has been undertaken in recent years, further opening the property up to increased production.

The Ogilvies have invested in water storage development, with water supplied by three creeks and several dams.

Infrastructure includes a four-bedroom home, a cottage, a shed and two cattle yards.

 

$10m for a slice of Tamworth history

Around $10 million is anticipated for a powerhouse of cash producing assets in northern New South Wales.

Settled in 1834, the historic 1612ha Dungowan Station is located 33km east of Tamworth and considered among the region’s most prestigious and unique properties, sitting alongside the larger Bective and Goonoo Goonoo Stations.

The blue ribbon, mixed farming and grazing property also generates a guaranteed income from a brewery, a 150-seat function centre and three-bedroom cottage which are leased to hospitality operator, the CH Group.

During their six-year ownership, Campbell and Naree McIntosh (who are builders and developers by trade) have invested significantly into improving and upgrading Dungowan, including quality fencing and first-class water infrastructure.

Davidson Cameron & Co agent Simon Burke and Burke & Smyth Commercial agent Gavin Knee have been appointed to market the property which will be auctioned on July 25.

They said the trophy asset is already attracting strong interest from domestic and international investors, and producers from as far afield as the Northern Territory, South Australia and Queensland.

The property boasts 2km of double frontage to the permanent and picturesque Dungowan Creek and is watered by numerous dams and bores.

Two water licences are offered – 82ML of unregulated river and 480ML of continuing aquifer running three centre pivots, with planning and infrastructure for a fourth pivot to increase production.

The fertile alluvial and highly productive river flats are growing hay, lucerne and summer and winter cereal crops for finishing livestock.

The balance is open valley country set in undulating grazing hills rising to mountain ranges and capable of running up to 350 cows and calves.

Although currently run as a breeding operation, the agents claim Dungowan Station would also be an ideal backgrounding block.

Infrastructure includes a four-bedroom (circa 1903) home, two steel cattle yards and numerous sheds.

The fertile alluvial and highly productive river flats on Dungowan are growing hay, lucerne and summer and winter cereal crops for finishing livestock.

 

Qld’s Thomson River holding lists after 100 years

More than 100 years of Doyle family ownership will end with the sale of Rosabel on the banks of the Thomson River, in central western Queensland.

Located 66km from Longreach and 94km from Stonehenge, the 10,898ha holding is close to markets at Blackall and Roma, as well as spelling, weighing and saleyard facilities near Longreach and Winton.

It encompasses 4910ha of bluebush flood-out country from the Thomson River and Katherine Creek, and 5030ha of heavy black soil, open Mitchell grass downs and some sandy loam buffel grass ridges.

Capable of running 1123 adult equivalents, Rosabel supports a strong stand of perennial grasses complimented by seasonal grasses and native herbages.

RPL agent Wally Cooper said the vegetation diversity not only sustains stock but also signifies the fertility of the country.

“Rosabel provides the options to either breed, background or fatten. Spelled since 2022, the property is carrying an excellent body of feed, ready for the incoming purchaser to bring in stock immediately,” he said.

Rosabel is watered by five dams (four are equipped), three waterholes in the Thomson River channels (providing water for nine to 12 months) and two waterholes in Four Mile Creek, good for up to eight months each year.

Infrastructure includes two homes, two cattle yards and numerous sheds.

Rosabel will be auctioned on July 25.

 

 

 

 

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  1. JOHN WAUCH, 27/06/2024

    With the end of the low interest rate era there are alot of quality properties coming on the market. Keep your powder dry until 2025. Bargains will arrive.

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