THIS week’s property review includes a wrap up of recently completed sales, including the $15 million paid for the Bollon Aggregation in south-west Queensland.

 Off-market Bollon Aggregation sells for $15m

 CQ family relocates to New England aggregation

Off-market Bollon Aggregation sells for $15m

ADAVALE’S Jim Scott has paid $15 million — $719/ha — for a fully exclusion fenced cattle and sheep breeding, backgrounding and finishing enterprise in the Balonne region of south-west Queensland.

The 20,853ha Acme Downs and Janalian Aggregation, comprising the 8745ha Acme Downs and the 12,108ha Janalian, is located 52km south-west of Bollon and 159km north-west of Dirranbandi.

The enterprise was aggregated by Greg and Donna Edwards in 2019 and is estimated to run between 1000 and 1500 cows or equivalent sheep.

The level to gently undulating land consists of 6513ha of poplar box woodlands, 5512ha of open alluvial plains, 2615ha of gidgee, 2449ha of wooded alluvial plains, 1744ha of brigalow with melon holes, 1482ha of soft mulga, 421ha of cypress pine on duplex soils and 117ha of brigalow.

The soils are a balance of red loams and grey cracking clays.

A capped and piped pressurised artesian groundwater bore (GABSI) on Janalian reticulates water across the aggregation, supported by 459mm of average annual rainfall.

The properties also benefit from the Patterson watercourse that provides more than 3700ha of beneficial flood out area.

Infrastructure includes a five-bedroom home, a three-bedroom home, a shearing shed, four sheep yards, cattle yards, two 70-tonne silos and numerous sheds.

The off-market sale was handled by LAWD agents Grant Veivers and Simon Cudmore.

CQ family relocates to New England aggregation

A Central Queensland family wishing to relocate has paid $19.2 million for a quality breeding, finishing and cropping enterprise in the New England region of northern New South Wales.

The 3537ha Echo Aggregation is located 13km from Deepwater and 52km from Glen Innes. It consists of seven contiguous properties – 366ha Echo, 452ha Cloudy Hills, 664ha Carrot Farm, 518ha Bushgrove, 518ha Rockabbey, 518ha Sugarloaf and 500ha Bingeye.

The holding was marketed as a carbon credit venture and has been extensively developed by vendors Herde Land Pty Ltd and Raguz Land Pty Ltd.

In recent years, the vendors had invested in water infrastructure and fencing and converted native pastures to cultivation, with around 16ha developed to centre pivot irrigation and 877ha to dryland cropping growing oats, barley and corn.

LAWD agent Darren Collins was unable to disclose the buyer or the price paid, but during the marketing campaign he identified potential for carbon offsets and biodiversity stewardship payments.

“Armidale-based carbon advisor, Precision Pastures, has identified the aggregation’s primarily loamy traprock soils as being ideal for carbon sequestration.”

“Preliminary due diligence has also been conducted to analyse options for carbon offsets for tree sequestration and biodiversity stewardship payments across further areas of the landholding,” Mr Collins said.

Water is sourced from 13km of dual frontage to the Deepwater River, the Bow Creek, watercourses, several gullies and 34 catchment dams. Added security is offered via a 104ML water licence from the Mole River.

Improvements include five homes, five cattle and sheep yards, three shearing sheds, numerous sheds and 108-tonnes of grain storage.