Willawong expected to sell for about $50 million

A diverse pool of buyers is anticipated to vie for a premium well-watered, mixed farm of scale within easy reach of Canberra and Sydney that is expected to achieve around $50 million.

The 3838ha Willawong, near Murringo on the New South Wales south-west slopes, was aggregated over 35 years by the late Dr Jane Wallace, a University of Sydney academic and passionate farmer from Camden.

Around 2888ha (84 percent) of the property has been sown to improved perennial grass and clover pastures, lucerne and winter crops including canola, wheat and barley – some of which is used for fodder.

The improved pastures can comfortably run 40,000DSE and is currently stocked with 1000 trade cattle, 4000 wethers and 9500 joined Merino and crossbred ewes and replacements, turning off trade and store lambs.

The balance of 372ha is native perennial grasses and clover pastures, with the remaining 577ha being remnant timber.

Willawong comes with a 168ML groundwater irrigation licence and is securely watered by five bores through a reticulated water system, as well as three creeks and 85 dams.

Improvements include six homes, sheep and cattle yards, three woolsheds, multiple machinery and hay sheds and silos.

LAWD agent Col Medway said rarely does a holding of this scale and versatility come up in such a tightly held grazing area.

“The successful purchaser will benefit from stepping into a well-improved, premium property complete with a circa 1850s homestead offering scenic views, local amenities and nearby saleyards.”

Willawong is being offered for sale by expressions of interest closing on October 19.

Offers of $50m sought for Mylora, NSW

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Offers around $50 million are being sought for an iconic mixed farming property, close to Canberra, boasting an historic homestead.

The 3209ha Mylora is located 11km from Binalong and 31km from Yass on New South Wales’ Southern Tablelands.

Mylora is being offered only for the second time in its 170-year history, and has long been recognised as one of the premier holdings in the district.

It neighbours the childhood home of Australian poet AB ‘Banjo’ Paterson who named his first published poem after the property.

The productive red granite soils, ameliorated with lime, agriash and fertiliser, are growing dual purpose, grazing winter cereals (wheat and oats) in rotation with canola.

Around 1410ha are running 7000 Merino ewes joined to Poll Dorset and White Suffolk terminal sires, 1500 Angus breeders and 1200 trade cattle in a Wagyu backgrounding program.

Owner Angus Graham, who has lived at and managed Mylora for the past 25 years, said the historic holding is experiencing an exceptional season.

LAWD agent Col Medway said the property will appeal to a range of buyers.

“It could be a country estate for a buyer looking to appoint a manager, an existing local operator seeking expansion or institutional investors in search of a standout Australian agricultural asset.”

Mylora sits at the junction of the permanent Illalong and Jugiong Creeks and is also watered by three bores and more than 50 dams.

Mylora boasts an historic, renovated, six-bedroom homestead (circa 1850s) overlooking River Red Gums along the Jugiong Creek.

Improvements include a roller mill with 2660 tonnes of grain storage, a 960 head cattle drought lot, 10,000 head sheep/lamb feed yards, cattle and sheep yards, an eight-stand shearing shed and hay and machinery sheds.

Mylora is offered for sale by expression of interest by LAWD and Delta Agribusiness, closing on October 12.

Singapore investor is selling the Wyuna Aggregation, NSW

After just two years ownership, a Singapore-based family office is selling its mixed farming opportunity spanning almost 5000ha in northern New South Wales.

A change of direction is cited as the reason why the Silverstrand investment fund is offloading the Wyuna Aggregation.

The 4942ha holding comprises two adjoining properties – the 3353ha Wyuna and the 1589ha Mount Nombi – which the fund purchased in July 2021 for around $26 million.

The aggregation is located 22km south-west of Mullaley and 60km south-west of Gunnedah on the western boundary of the renowned Liverpool Plains – long regarded as one of the state’s premier agricultural regions.

LAWD director Col Medway is anticipating around $30m for Wyuna. It also has potential for carbon offset and biodiversity pursuits.

“There is strong enquiry from parties interested in the property’s genuine mixed farming capability – meaning it is equally suited to livestock and cropping.”

The mostly self-mulching basalt soils are currently growing 2102ha of Winter and Summer crops, including wheat, canola, barley, oilseeds, chickpeas and sorghum.

Around 2230ha (45pc) are set aside for cattle and sheep breeding and finishing, with 622ha of timbered grazing and remnant vegetation.

Water is secured from six equipped bores, as well as a number of permanent creeks and catchment dams.

Infrastructure includes six dwellings, including a five-bedroom (circa 1904) homestead, cattle and sheep yards, numerous sheds and grain storage.

The Wyuna Aggregation is being offered for sale in one line or as separate assets via an expressions of interest campaign closing on October 4.