THIS week’s property review includes a wrap-up of interesting recent listings across New South Wales and Queensland.

 Toobeah’s Minnel lists for $15m

 Joseland move prompts sale of Isisford aggregation

 Historic New England grazing heads to auction

 Quambone’s Warrabah heads to auction

Toobeah’s Minnel lists for $15m

A productive and versatile grazing enterprise in southern Queensland listed by Ian and Jane Campbell for $15 million ($4894/ha) is attracting early interest from locals and corporates.

The 3065ha Minnel is located 16km north of Toobeah and 60km west of Goondiwindi, and is being sold by the Campbells after nine years of ownership as they consolidate their assets.

Ray White agent Tim Gleeson said the centrally located property boasts scale and quality soils.

“Minnel is currently running around 5000 ewes and 100 cows, but it has mixed farming capabilities and could also be converted to 100 percent cropping.”

Some Aussie White sheep on Minnel.

The country comprises mostly coolibah, belah, myall and brigalow country with areas of box, sandy ridges and flood out country.

It is growing prolific stands of curley Mitchell and bambatsi grasses, as well as desmanthus and nutritious medics and herbages in winter.

Much of Minnel has been cleared, with around 750ha farmed to wheat and barley in recent years.

It forms part of a private capped and piped bore scheme and fronts the Minnel Creek, with additional water supplied by eight dams and semi-permanent waterholes in the Uragra Creek.

Infrastructure includes a five-bedroom home, a renovated three-bedroom cottage, steel cattle and sheep yards and a shed.

Joseland family move prompts Isisford aggregation sale

The Joseland family has relisted its central west Queensland breeding and finishing operation boasting water security and high quality infrastructure.

The 15,779ha Eltham Aggregation is being offered for sale by Tim and Kerry Joseland and family who are planning to move closer to children in south-east Queensland.

The aggregation is located 40km north of Yaraka and 44km south-west of Isisford. It comprises Eltham (purchased in 1999) and Nobdale on the western side of the Barcoo River (purchased in 2016).

The aggregation has an estimated carrying capacity of 1575 adult equivalents, but has been conservatively grazed for several years.

The country comprises 6041ha of alluvial plains which have a high water holding capacity ensuring deep moisture and growth for long periods.

A mix of trees found on the 4674ha of hard gidgee, 2893ha of boree wooded downs and 2171ha of open downs can be used for scrub feeding if required.

The property benefit from fertile soil types and is growing a productive mix of pastures, including Mitchell and Flinders grasses, as well as quick responding summer and winter herbages.

In addition to 15km of Barcoo River frontage, the aggregation is watered by eight dams and numerous permanent and seasonal waterholes, supported by 423mm of annual average rainfall.

The water system on the Eltham Aggregation has been strategically designed for optimal grazing efficiency and is a key selling feature of the holding.

Cattle have access to secure water across all areas which maximises carrying capacity and makes optimal use of pastures, ensuring the property has the resilience to thrive in a range of seasonal conditions.

JLL Agribusiness agents Geoff Warriner, Chris Holgar and Fergus Russell have been appointed to manage the sale via private treaty.

Mr Warriner said since November last year, Eltham has received two significant rainfall events.

“The most recent, in February, delivered between 70mm and 100mm triggering flows in both the Barcoo River and Pemberley Creek.

“These favourable conditions have set the enterprise up for a strong season ahead.”

Mr Warriner said the listing presents an opportunity for investors seeking a well-established breeding or finishing enterprise, complemented by the option to purchase around 400 cows.

The Joseland family has invested significant capital into land and pasture development, improvements and fencing – with most of the aggregation exclusion-fenced.

Other infrastructure includes a three-bedroom home, guest quarters, a three-bedroom cottage, steel cattle yards, a shearing shed and numerous sheds.

Historic New England grazing heads to auction

The historic high rainfall grazing property Stony Batter in the renowned New England region of New South Wales, has returned to the market and will be auctioned on 16 April.

The picturesque 1607ha are located 21km from Bundarra, halfway between Armidale and Inverell.

Aggregated more than 17 years ago by Sydney-based businessman Chris Nivan who is divesting due to family succession, Stony Batter was offered to the market in 2022 along with the 1509ha Arabanoo at Bingara.

Arabanoo sold to Tim and Rebecca Brazier from the Choice Angus Stud for $5.2m or $3446/ha.

While the grassy box woodland areas are equally suited to cattle and sheep, more recently Stony Batter has been developed for efficient beef performance.

Ray White Rural agent Andrew Starr is anticipating good enquiry.

“Stony Batter has been under a grazing lease for two years and is now vacant.

“It is an expansion opportunity for existing producers and its production  capacity should attract interstate buyers,” he said.

“A pasture improvement program has seen select paddocks planted with annual oats, followed by the establishment of perennial subtropical pasture species and clovers.”

Mr Starr said Stony Batter provides standalone scale with potential for new management to further drive the levels of grazing production.

The property features a 6.8km Gwydir River frontage. It is also watered by the Camerons and Back Creeks, 50 dams and a 16ML water licence.

Infrastructure includes a circa 1887 four-bedroom homestead, a four-bedroom manager’s home and three cottages. There are two cattle yards, a 1907 eight stand shearing shed (which is not operational but well maintained), numerous sheds and two silos.

Quambone’s Warrabah heads to auction

The Heriot family’s mixed grazing and farming enterprise in New South Wales’ central west has returned to the market and will be auctioned on March 28.

The 3214ha Warrabah is located 21km east of Quambone and 50km west of Coonamble.

Ray White Rural Scone agent Hamish Firth said Warrabah is presenting well and attracting good inquiry from producers seeking an asset with mixed farming capabilities.

It is offered with a carrying capacity of 800 cows and calves on Mitchell grass and native pastures.

The property features self-mulching grey to red loams and 890ha were sown to oats in 2023, but the farming capacity could be increased by a further 1214ha.

Around 2.6km of exclusion fencing has been installed on the northern boundary, with an additional 5km of exclusion fencing material purchased for the next stage.

Production is supported by more than 430mm of rainfall a year, and Warrabah is watered by two bores and nine dams with Negara Creek frontage.

Infrastructure includes a five-bedroom home, two three-bedroom cottages, two sheds, a four-stand shearing shed, steel cattle yards and three silos with a total capacity of 160 tonnes.