THIS week’s property review features two prime adjoining and complementary grazing properties for sale in New South Wales’ highly regarded New England region.

The Ogilvie family has priced two picturesque grazing properties spanning 4232ha in the highly regarded New England region of northern New South Wales.

The 2809ha Te-Angie and the 1423ha Forest Lodge are 12km apart but operated together by Richard Ogilvie and family near Wongwibinda in New South Wales.

After failing to sell via an expressions of interest process, Te-Angie has been listed for $22.5 million, and Forest Lodge has been handed an $11.5m price tag.

The properties are situated near the top of the Clarence River catchment, 1000m to 1250m above sea level, in a 909mm average annual rainfall area.

Te-Angie has had a commercial beef focus

The 2809ha Te-Angie is located 33km west of Ebor and 50km east of Guyra.

Its focus has been on commercial beef production with the breeding enterprise supported by the nearby Forest Lodge where progeny are backgrounded for the feeder cattle market.

Previously, the Te-Angie Hereford cattle stud operated alongside a prime lamb enterprise running 1000 ewes.

Today, the property runs more than 1000 cows on improved and native pastures. Mr MacDougall said the carrying capacity can be increased with further improvement and fencing.

The landscape is largely shaped by watercourses, creeks and gullies, supported by frontage to the Copes, Fishington and Dead Horse Creeks, as well as several dams.

Infrastructure includes two homes, a cottage, two sheep yards, two cattle yards and numerous sheds.

Forest Lodge

The 1423ha Forest Lodge is located 28km west of Ebor and 55km east of Guyra.

It is operating as a cattle backgrounding operation, but would be equally suited to running breeders.

It is running cattle on undulating country featuring mainly loamy trap soils, before being finished on highly improved pastures for slaughter or delivery to feedlots.

Some licensed clearing has been undertaken in recent years, further opening the property up to increased production.

The Ogilvies have invested in water storage development, with water supplied by three creeks and several dams.

Infrastructure includes a four-bedroom home, a cottage, a shed and two cattle yards.

MacDougall Rural Property agent Graham MacDougall is handling the sale.