RURAL properties with proven grazing and carbon performance feature in this wrap of significant rural property listings this week.

 Historic Nimagee Station lists with carbon project

 $40m+ for SW Qld Carbon Regeneration Portfolio

 Offers for BerryJerry Station close on August 21

 Warren Aggregation offered separately

 EOIs underway for SA’s Illawarra & Koonunga Hill Aggregation

Historic Nimagee Station lists with carbon project

The historic Nimagee Station, supported by an established carbon project, has been listed for sale in western New South Wales with price expectations of around $6.5 million.

The 12,249ha mixed grazing and farming property is located 12km north-west of Nymagee and 97km south-east of Cobar.

It last changed hands in December 2000 and is being offered following a change of direction by the family-owned Hazelmere Pty Ltd.

Nimagee was originally settled by the well-known Killen family, E. Killen & Sons Limited, which also owned Moonagee, Gerar and Wee Jasper sheep stations around Nyngan.

The station’s name was misspelt during registration, accounting for the “i” in Nimagee compared with the nearby township of Nymagee.

The property was later held by members of the Warner family for more than 80 years.

Nimagee is underpinned by an established Human Induced Regeneration (HIR) carbon project spanning 6949ha, which can also be grazed. A further 4572ha is available for unrestricted grazing, while 727ha has approval for dryland cultivation.

The project is forecast to generate an additional 236,000 Australian Carbon Credit Units (ACCUs), with a permanence period running until September 2049.

Significant capital expenditure has been undertaken to meet the carbon project conditions, including investment in internal and external boundary fencing, water infrastructure and roadways.

Alongside the carbon project, the productive grazing country is suited to sheep and cattle breeding and trading, as well as goats, with up to 3000 free-range goats harvested annually.

The vendors have recently been running between 500 and 650 weaner cattle on agistment, along with up to 1000 breeding Dorper ewes.

There is also scope for further expansion and future pasture development.

LAWD agent Fraser Robertson said early inquiry is coming from private investors and corporates seeking country with a carbon component.

Nimagee Station is situated in a district with long-term average annual rainfall of 449mm and is also watered by a bore, 23 dams and 5.7km of frontage to the semi-permanent Box Creek.

Infrastructure includes four transportable units, numerous sheds and steel livestock yards.

Nimagee Station is being offered for sale by expressions of interest, closing September 17.

$40m+ for SW Qld carbon regeneration portfolio

A large-scale grazing and natural capital portfolio in south-west Queensland is expected to attract offers of more than $40 million.

The 132,001ha carbon regeneration portfolio comprises six properties across the Maranoa, Quilpie and Paroo regions and is underpinned by five established Human-Induced Regeneration carbon projects.

The portfolio was aggregated in 2021, and now includes the 35,300ha crown pastoral lease Bronte, together with the freehold properties 33,366ha Woodlands, 42,906ha Moama and Bundawaugh, 13,963ha Ryandale and 6467ha Bindebango.

According to Green Street News, the portfolio is being offered for sale by a private syndicate of high net worth backers that includes members of two of Melbourne’s wealthiest families. They are Justin Punch, Cassy Liberman, Brad Krasnostein and Peter Gold.

The aggregation is currently run under agistment and is being offered with a combined carrying capacity of 5120 Adult Equivalents, supported by developed water infrastructure.

The five registered projects, covering a combined carbon estimation area of 44,913ha, have issued 289,036 Australian Carbon Credit Units to date.

They are forecast to generate an average of 85,400 ACCUs a year to 2031, with more than 1.5 million ACCUs expected over the balance of the crediting periods to 2047.

LAWD’s Tim McKinnon said the vendors believe it is an opportune time to bring the portfolio to market following a significant project milestone.

“The two largest carbon projects within the portfolio, Bronte and Woodlands, have successfully completed their first five-year gateway regeneration checks. The remaining three projects will soon follow suit.”

Mr McKinnon said the portfolio achieved average realised ACCU prices of $40.66 per ACCU in the 2025 financial year and $37.62 per ACCU in 2024, demonstrating its ability to achieve pricing above prevailing market benchmarks.

He said around 50 percent of ACCU generation through to 2029 is contracted to an investment-grade ASX-listed resources counterparty.

“Historical ACCU issuance has been purchased by blue-chip corporate and institutional buyers, including ASX-listed resources, aviation and property groups, a major superannuation fund and a mutual bank,” Mr McKinnon said.

While the aggregation is expected to appeal to carbon and natural capital investors, Mr McKinnon said inquiry is also likely from local producers and large-scale farming families.

The Carbon Regeneration Portfolio is being offered for sale in one line via expressions of interest closing on September 3.

Offers for BerryJerry Station close on August 21

Colliers Agribusiness has set an August 21 deadline for offers to purchase BerryJerry Station, a large-scale mixed farming enterprise in southern New South Wales.

The Riverina’s Gnadbro Pastoral Company is seeking more than $20 million for the 2170ha holding, which backgrounds and finishes livestock, produces dryland and irrigated crops and operates an established timber harvesting enterprise.

The holding is located 33km west of Wagga Wagga in the tightly held Collingullie district of the Eastern Riverina. BerryJerry Station was first offered to the market in October last year, but did not sell.

Colliers Agribusiness agent Adrienne Harvey said stronger commodity prices has helped revive buyer interest in the property.

“The strongest inquiry is coming from cattle producers, both local and away, seeking to expand their geographic footprint or relocate.”

“BerryJerry’s proximity to Wagga Wagga and major transport routes adds a layer of strategic value that complements its productivity,” she said.

Around 84 percent of the fertile sandy clay loam country is arable and currently producing wheat and canola.

The dryland cropping program is supported by three centre pivot irrigators, with scope for further irrigation development.

Those systems are backed by 1406ML of river and groundwater entitlements, 492mm of average annual rainfall and frontage to the Murrumbidgee River, Old Man Creek and Dog Fall Creek.

BerryJerry Station currently runs 4000 ewes and 4800 lambs and is being grazed at 15 Dry Sheep Equivalents per hectare, rising to between 25DSE/ha and 30DSE/ha on grazing crops.

Alongside its livestock and cropping operations, the property generates additional income from AFS-certified timber production, averaging 4000 tonnes a year.

Improvements include a seven-bedroom homestead, a six-stand shearing shed, steel sheep and cattle yards, machinery and storage sheds, and grain silos.

Warren Aggregation offered separately

Following an unsuccessful campaign to sell the Warren Aggregation as a whole, McGrath is now offering the large-scale grazing portfolio in the Narrandera district of New South Wales’ Riverina as three separate holdings.

The family of the late Graham Warren is selling 4804ha across the adjoining properties – 597ha Hillcrest, 2114ha Karalee and 2093ha Mount Olive.

With average annual rainfall of 470mm, the aggregation has been run as an Aussie White sheep enterprise carrying around 6000 ewes and lambs, together with 120 cows and calves.

The properties offer scope for mixed farming or cropping, supported by productive sandy red loam soils and natural stands of kurrajong, cypress pine and box timber.

McGrath Riverina agent Craig Pellow said offering the properties separately has generated renewed interest from local and out-of-area buyers, including inquiry from Victoria and Queensland.

The three properties are:

Karalee – price guide $6.634m ($3138/ha or $1270/ac)

The 2114ha Karalee is located 24km from Narrandera, and currently operated as a grazing enterprise, with around 45 percent considered arable. The property has a strong water catchment and full dams. It generates additional income through a biodiversity conservation trust agreement. Infrastructure includes a renovated home, cattle yards, a shearing shed, two sheds and extensive boundary fencing.

Mount Olive – price guide $5.95m ($2842/ha or $1150/ac)

The 2093ha Mount Olive is 28km from Narrandera and is also run as a grazing enterprise.

With around 55 percent considered arable, the holding is well placed for a transition into mixed farming, supported by extensive grain storage and handling infrastructure. Improvements include a newly drilled bore, a five-stand shearing shed, new sheep yards, extensive fencing upgrades and two sheds.

Mount Olive is offered with a biodiversity conservation agreement that provides additional income.

Hillcrest – price guide $4.28m ($7169/ha or $2902/ac)

The 597ha Hillcrest is located 16km north of Narrandera. Currently operated as a grazing enterprise with abundant feed, around 75 percent of the property is arable.

Improvements include five dams, a three-bedroom cottage, two sheds and exclusion fencing.

EOIs underway for SA’s Illawarra & Koonunga Hill Aggregation

Elders has launched an expressions of interest campaign for a generational farming asset in South Australia’s mid-north.

The 2635ha Illawarra and Koonunga Hill Aggregation is being offered to the market by the Shannon family after 150 years of ownership. It is a well-established sheep and cropping enterprise within the Kapunda – Eudunda corridor, 94km from Adelaide.

More than 70 percent of the aggregation is arable with a five-year crop rotation, including wheat, barley, canola, and beans, complemented by an established self-replacing Merino flock supporting up to 5000 ewes.

Elders Real Estate CEO Tom Russo and state manager Adam Chilcott have been appointed to manage the EOI process, which is being offered as a whole or in parts.

Mr Russo said the offering represents one of the most significant and tightly held family-owned holdings to come to the South Australian market in recent history.

“The Shannon family has held and developed this aggregation over five generations, which is an extraordinary period of stewardship.”

“That long-term custodianship has allowed the family to take a considered approach to decision-making, with a clear focus on maintaining and improving the productive capacity of the land over time,” he said.

Mr Chilcott said opportunities of this nature are rare.

“It is not often a property of this quality, with this depth of history and family continuity, is brought to market. For many buyers, that provenance will be just as compelling as the underlying production capability.”

Mr Chilcott said the Shannon family has created something of enduring value, and the opportunity now exists for a new owner to continue that story into its next chapter.

“Interest will come from neighbours, established family farming businesses and larger-scale corporate investors seeking exposure to high-quality Australian agricultural land with a proven history of performance and long-term custodianship.”

The aggregation is in a highly productive cropping region with average annual rainfall of more than 450mm. It also has a mains water connection and River Light frontage, providing year-round water security.

Infrastructure includes a renovated circa-1850s homestead, workers accommodation, numerous sheds, extensive livestock handling facilities and significant grain and fertiliser storage capacity.