THIS week’s property review includes a wrap-up of interesting recent listings across the country — from New South Wales to Western Australia.
Solicitors list high rainfall Riverina block
EOIs closing for Mount Magnet’s Windsor Station
WA’s Shiloh Farms lists for $55m
Solicitors list high rainfall Riverina block
More than $4.78 million is anticipated for noted Eastern Riverina property Umbango South listed by solicitors Keith McConnell and Penelope Jaffray.
The 977ha Umbango South was originally part of the renowned Umbango Station.
The high rainfall, livestock breeding and fattening holding is 17km north of Humula and 63km south of Wagga Wagga in southern New South Wales.
Historically, Umbango South was operated as a grazing property, running mainly sheep and some cattle.
Since 2003, the vendors have been managing it as a fine wool growing and prime lamb enterprise running up to 1000 Merino and crossbred ewes, as well as grazing 1000 fine wool Merino wethers.
Umbango South is rated to carry 2500DSE and is situated in a district also recognised for cattle breeding, backgrounding and fattening.
The scenic property has rich alluvial Umbango Creek flats rising to sheltered valleys and hill country growing many high value tree species.
It offers 800m of Umbango Creek frontage, 2km of double frontage to Morgans Creek, and is watered by 17 dams and an equipped bore. This year the property has enjoyed an excellent predominantly winter/spring 733mm average rainfall.
Meares & Associates agent Sam Meares is anticipating good inquiry from existing rural operators and off farm investors.
“Umbango South has significant biodiversity and carbon offset credit features.
“Early reports show positive potential, both from a flora and fauna biodiversity point of view and also possible tree plantations for carbon in the valleys and low hills.”
Infrastructure includes a five-bedroom home, a three-stand shearing shed, sheep yards and two sheds.
Umbango South will be offered for sale via online auction on December 3.
EOIs closing for Mount Magnet’s Windsor Station
Expressions of interest close this week for a pastoral station in Western Australia’s mid-west region suited to cattle, sheep or goat enterprises.
The 230,372ha Windsor Station is situated 80km east of Mount Magnet in the Lower Murchison.
The property has been held by Pierre Folezzani for 12 years. The sale includes more than 300 Droughtmaster cows and followers, as well as extensive plant and equipment.
Windsor is situated inside a vermin proof fence and is rated by the Department of Agriculture as having potential carrying capacity of 1571 cattle units or 11,000DSE.
The property was originally developed for sheep, but is now set up for cattle with yards, fences and waters.
Windsor is offered with a registered and reporting HIR carbon project with a good cash flow. To date, there have been 83,432 ACCUs issued since registration in 2018.
While details of the project remain confidential, Elders agent Greg Smith said based on the size of the property, land systems and ACCUs issued to date, the assessments of estimated ACCUs over the 25-year period are between 380,000 and 450,000.
Windsor features a large variety of land systems from rugged breakaways and granite outcrops to open salt bush and spinifex plains.
The station is situated in a 200mm rainfall region, and also has 50 bores and wells, with most of the bores equipped with solar-powered pumps.
Infrastructure includes a five-bedroom home, a three-bedroom shearers quarters, a shearing shed, sheds, goat facilities and cattle yards.
WA’s Shiloh Farms lists for $55m
The Cox family has cancelled the offers to purchase campaign for its substantial sheep, cattle and cropping opportunity on Western Australia’s south coast, choosing to list it for $55 million.
The 5005ha Shiloh Farms was aggregated over 30 years and comprises six contiguous holdings near Neridup and 40km north-east of Esperance.
AWN Real Estate agent Rowan Spittle has been fielding good inquiry from corporates, as well as larger family farmers.
“Rarely does a property of this scale, in such a tightly held, high rainfall region, come to the market. The stand-alone aggregation would suit a larger farming operator with the southern properties running 3000 trade cattle, as well as growing out young heifers for a local dairy business.”
The property was originally purchased as a backgrounding property for the Cox’s Busselton-based dairy, but the enterprise now runs 1400 head of trade cattle and produces 3500ha to 4000ha of crops — canola/wheat rotation and barley.
Mr Spittle describes the paddocks as large and easy working with sandy duplex soils.
“Soils are typically 30cm to 50cm of sand over gravel and clay, with areas of deeper sands planted to 240ha of tagasaste and perennial grasses for cattle fodder.”
“This system provides a very useful supply of feed during the autumn gap and enables high stocking rates during the spring flush,” he said.
Biodiversity on the asset has been maintained on Shiloh Farms, with about five percent of the land set aside with plantations, tree lines and fenced remnant native vegetation and waterways.
Shiloh Farms is considered drought proof in the 450-500mm rainfall zone and is well-watered by four bores and three equipped dams.
There is extensive infrastructure for sheep and cattle, as well as numerous sheds and silos, a home, a worker’s cottage and a modern workers’ quarters.
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