Motion on the Station: Current property listings

THIS week’s property overview contains this wrap-up of attention-grabbing latest listings throughout the nation, and a separate article of lately relisted properties of notice.

• $65m for institutional grade asset in Victoria’s Western District
• Scale and excessive rainfall in southern NSW tipped to make $50m
• Coventry household lists two signature northern NSW holdings
• Three NSW western division holdings provide variety
• New England grazing listed for $40m
• $9.5m price ticket for New England’s Lindon
• EOI for Hunter Valley’s Bundaleer

The Monbilibi Aggregation is being supplied on the market on a walk-in walk-out foundation or as an entire or as two separate contingent property

$65m for scale in Victoria’s Western District

Greater than $65 million is anticipated for a turnkey institutional grade aggregation in Victoria’s famend Western District.

The historic Mondilibi Aggregation, comprising the adjoining 1805ha Mondilibi and the 1425ha Manooka, are situated 12km north of Mortlake.

The UK-based Down Ampney Company, which has aggregated Mondilibi because the Seventies, has determined to reposition its portfolio.

Throughout its possession, the corporate invested considerably into enhancing pastures by means of soil amelioration and in depth annual fertiliser functions.

It additionally redesigned the paddock structure and laneway methods for higher pasture use and invested in genetics, water improvement and nicely positioned purpose-built infrastructure.

The high-performing livestock manufacturing enterprise is operating a 17,400 head composite ewe flock, along with 830 breeding cattle.

Nick Myer and Rob Rickard from Elders, who’ve been appointed to promote the 3230ha aggregation, mentioned Mondilibi is considered one of many Western District’s most efficient funding scale property.

“It’s ideally positioned to key livestock and grain export pathways and underpinned by a superb pure useful resource base, with a substantial income stream because of be realised by way of the proposed Mt Fyans wind farm,” Mr Rickard mentioned.

He mentioned the aggregation supplied purchasers a stand-alone funding or a worthwhile addition to an present agricultural portfolio – with its excessive and dependable rainfall providing consumers geographic variety.

Mr Myer is anticipating a robust degree of curiosity from a variety of purchaser profiles together with native farming households to home and worldwide company and institutional traders.

High quality working enhancements embrace trendy sheep and cattle dealing with amenities, a five-stand woolshed, in depth equipment, hay, sundry shedding and workshops, plus greater than 1000 tonnes of grain storage.

The aggregation additionally options the Mondilibi and Manooka homesteads and 4 employees residences.

The Monbilibi Aggregation is being supplied on the market on a walk-in walk-out foundation or as an entire or as two separate contingent property (Mondilibi and Manooka).

The primary stage of the two-stage expressions of curiosity course of closes on July 5.

Scale and excessive rainfall in southern NSW tipped to make $50m

Producers in search of scale and excessive rainfall can safe 2775ha of extremely productive grazing and combined farming nation on New South Wales’ Southern Tablelands for round $50 million.

On provide are two neighbouring properties situated 22km from Yass and 91km from Canberra.

The 1342ha Warradale has been held by Alex and Angus Metcalfe since 2021.

LAWD director Col Medway mentioned the couple was promoting after securing a neighbouring property in Galong.

“The property has returned to market as a result of adjoining nation turned out there for the Metcalfe household at Galong. Promoting Warradale wasn’t on the agenda, with the distributors lately establishing a model new four-stand shearing shed and yards,” he mentioned.

With a protracted historical past of cattle and sheep breeding, the undulating nation can comfortably assist 12,000DSE and is well-appointed with match for goal operational enhancements for each.

Warradale advantages from vital funding within the pasture base that features 790ha of improved native perennial grasses and clovers.

Located in a dependable non-seasonal rainfall space of 716mm, Warradale is supported by dams with in depth catchments and two creeks.

It’s being supplied on the market by expressions of curiosity closing on June 8 and is anticipated to make greater than $19 million.

There’s alternative for extra scale, with LAWD additionally appointed to promote the neighbouring 1452ha property Killarney for $30 million.

The property is at present held by Will Kelly, nevertheless it as soon as shaped a part of Merillea North whose earlier homeowners included the McWilliams Wines and Merriman households.

Round 1230ha is arable with top quality, free draining crimson granite soils which were lately sown again to pasture operating 22,000DSE.

The standard structural enhancements had been undertaken by Mr Kelly eight years in the past and embrace a brand new shearing shed, cattle yards, new laneways and water.

Col Medway mentioned the well-balanced combined farming nation would complement Warradale – with two top quality operational hubs at both finish.

Angus cattle on Warradale

Coventry household lists two signature northern NSW holdings

After 40 years of possession, the Coventry household is promoting two extremely regarded northern New South Wales grazing property spanning virtually 5000ha.

The 2573ha Laura Station and the close by 2237ha Glanmire are 10km from Bundarra, 55km from Inverell and 65km from Armidale.

Held because the mid-Nineteen Eighties, Laura Station was one in all numerous New England properties acquired by the late fantastic wool grower Sperry Coventry.

Over the past decade, the household has been divesting a few of its substantial agricultural property.

Laura Station is without doubt one of the area’s signature properties that was chosen in 1837 by William Smith.

Named after the Laura Creek which runs by means of the property, the gently undulating and open nation is appropriate for breeding, backgrounding and fattening cattle and/or sheep.

The property can carry round 23,000DSE or 2000 cows on a self-replacing foundation, nevertheless numbers could possibly be lifted by altering the pasture species and grazing strategies.

A lot of the nation is arable with the Coventry household endeavor a regime of pasture enchancment and fertiliser topdressing throughout their tenure.

The western fall nation is reliably watered by Laura Creek, quite a few dams and bores.

The close by 2237ha Glanmire is at present managed with Laura Station, nevertheless it is also operated as a standalone enterprise.

Like Laura Station, the nation is gently undulating and open with nicely grassed and nicely sheltered paddocks equally suited to turning off heavyweight weaners or backgrounding.

Glanmire options Gwydir River frontage, supported by the Two Mile Creek and a number of other dams.

Bruce Birch from Ray White Rural expects main household operators, corporates and semi corporates will likely be drawn to the size of the holding, which is troublesome to seek out within the New England.

Laura and Glanmire Stations are being supplied as an entire or individually by way of expressions of curiosity closing on June 9.

Three NSW western division holdings provide variety

David Russell from Nutrien Russell Property and Livestock has listed three combined farming and grazing properties in New South Wales’ western division.

Bundabulla

Extremely regarded, mushy candy heavy carrying nation on the Bokhara River is being supplied on the market by Garrie and Rita Turnbull after 5 years of possession.

The 8935ha Bundabulla is an unique soldier settlement lease block on one title located 50km north of Brewarrina in north-west New South Wales.

The Turnbulls bought the property in the course of the drought for agistment and at the moment are promoting to enhance their different nation south of Brewarrina on the Bogan River.

Located in a 400mm rainfall space, the nation is usually flat open plains with fertile, heavy carrying gray and black soils.

Low mendacity areas develop Mitchell and coolah grasses, saltbush, bluebush, copper and jelly burrs, in addition to an enormous physique of clover and herbages in season.

Bundabulla is rated to hold 5539DSE or 0.62 DSE per hectare with the distributors operating 3000 ewes plus 160 Santa cows and followers.

Water is provided by a capped and piped bore that solely provides Bundabulla, 5km of twin frontage to the Bokhara River that gives seasonal flows, the Yamba Creek floodout system and 14 dams. Enhancements embrace a six-stand shearing shed and metal sheep and cattle yards.

Bundabulla will likely be auctioned on June 14.

Karinya

After 4 years possession, Rowan Glover has listed his combined grazing and farming operation at Hermidale for $6.2 million.

The 4450ha Karinya is located 35km north-east of Nymagee and 85km south-west of Nyngan.

Throughout his tenure, Mr Glover has undertaken an enormous enchancment program together with new dams and yards and clearing fence strains.

Karinya is located on the headwall of the Whitbarrow Creek System which disperses throughout the property and offers useful flooding.

Though the property has not been farmed this 12 months, round 3600ha is arable. Beforehand, the mild undulating crimson loam soils have been sown to canola, wheat, barley, oats and barley.

It’s rising a big number of pure winter herbages that may assist 3000DSE and is at present operating 4500 Dorper ewes and followers.

Mr Russell mentioned Karinya options Dorper-proof fencing, good water and nice entry to the sealed Hermidale and Nymagee roads.

The 4450ha Karinya is located 35km north-east of Nymagee and 85km south-west of Nyngan.

Mangalore

After 46 years possession, the Currans household has listed the 3488ha Mangalore for $6.2 million after it did not promote at public sale.

Mangalore is located 19km south of Hermidale and 65km south-west of Nyngan – near the varied breeding and cropping aggregation Rewa which the Currans offered in March for $6 million.

The nation is undulating with mushy crimson and chocolate soils and is closely grassed with pure pastures and good stands of buffel.

It advantages from the Whitbarrow and native creek flood out methods, in addition to 10 dams and a bore.

Other than sheltered tree strains, many of the property is arable and clear, however has not been farmed for 5 years. Neighbouring properties are rising wheat and oats.

Mangalore is at present carrying a superb physique of dry feed that may run 350 cows and followers and seasonal sheep however is presently destocked.

Enhancements embrace a four-stand shearing shed, metal sheep and cattle yards, and a grain storage shed.

Mangalore is located 19km south of Hermidale and 65km south-west of Nyngan

New England grazing listed for $40m

A big-scale grazing alternative in New South Wales’ New England has returned to the market with a $40 million (naked) price ticket.

Ben Inexperienced from Elders, who’s dealing with the sale of Meldon Park, mentioned the seller’s expectations weren’t met following an expressions of curiosity marketing campaign that attracted institutional traders and excessive web price household operators.

The 5762ha property is situated at Uralla, near abattoirs and feedlots, in a extremely regarded and dependable (810mm to 865mm) rainfall area suited to each cattle and sheep breeding.

The holding has been aggregated by vendor John Kennedy over the previous 25 years and is at present run as a beef cattle buying and selling enterprise.

The seller estimates Meldon Park can carry round 2300 breeding cows turning progeny off as weaners or greater than 30,000 dry sheep equivalents. There’s potential to extend numbers with additional pasture improvement.

The nation options principally huge valley flooring to softly undulating rolling hills rising ample feed. The soils comprise mushy granite and traprock with basalt outcrops.

The well-watered property enjoys a 7km double frontage to Honeysuckle Creek, a 4km double frontage to Morses Creek, quite a few different creeks and spring fed gullies and round 113 dams.

The fencing is described nearly as good to wonderful, with high quality structural enhancements.

$9.5m price ticket for New England’s Lindon

The Beynon household’s New England grazing property Lindon has been listed for $9.5 million after failing to promote at public sale.

Located close to Balala, 22km from Uralla and 46km from Armidale, Lindon is nicely located to make the most of any livestock markets.

Spanning 1696ha, the undulating grazing nation options principally granite soils rising improved and native grasses operating 11,000DSE.

Previously, Lindon persistently turned off prime grass completed weaners and heavy lambs. It was additionally well-known for producing superfine Merino wool.

Water is a characteristic. There are 21 dams (lots of that are spring fed), two bores (one geared up) and entry to the dependable Honeysuckle and Morses Creeks.

The property is nicely fenced and subdivided into 30 paddocks permitting for a rotational grazing system.

Lachlan Cullen Ray White Rural mentioned Lindon gives the capability to additional improve manufacturing.

EOI for Hunter Valley’s Bundaleer

Expressions of curiosity are being looked for the remaining portion of the Higher Hunter Valley’s Bundaleer Portfolio.

The 764ha Bundaleer (homestead block) was one in all three non-contiguous grazing properties supplied to the market final 12 months by Sydney-based vendor Dimitri Koureas, with two of the holdings snapped up inside weeks of itemizing.

The remaining block is situated at Greenlands, 28km north-east of Singleton. Provided with an $8-$9 million worth information, it’s attracting robust curiosity from households in search of a rural life-style property near Sydney and Newcastle.

Located in a 700mm to 800mm annual rainfall area, the nation on Bundaleer ranges from arable valley ground and creek flats to hilly grazing appropriate for breeding, backgrounding or ending 330 cows and calves and alternative heifers.

Fronting each the Campbells and Cross Creeks, Bundaleer has 31 giant spring fed dams, two close to new cattle yards and 20km of latest fencing.

The EOI marketing campaign, which closes on Could 31, is being dealt with by Michael Burke from McGrath Higher Hunter.

Fronting each the Campbells and Cross Creeks, Bundaleer has 31 giant spring fed dams, two close to new cattle yards and 20km of latest fencing.