A QUEENSLAND property on sale for the first time in 70 years heads up the recent ‘Movement on the station’ listings this week.
Longreach’s Darriveen lists for first time in 70 years
Chinese to offload Qld aggregation
$45m+ for diverse Liverpool Plains country
Longreach’s Darriveen lists for first time in 70 years
Around 70 years of Hetherington family ownership will end with the sale of Darriveen in western Queensland.
The 9569ha fully exclusion fenced property is located 75km north of Longreach and 80km south of Muttaburra. It was purchased in the 1950s, with Tony and Jan Hetherington taking the reins in 1963 and their daughter Edwina and husband Ray Cameron running it for the past 20 years.
The productive breeding and finishing property boasts heavy carrying, open Mitchell grass downs country capable of running both cattle and sheep.
Resolute Property Group agent Ben Forrest said the high calibre grazing asset is easy to manage.
“It would suit entry level buyers or existing producers seeking expansion.”
The property is situated in a 425mm average annual rainfall region, and is also watered by a solar equipped artesian bore, two dams and numerous waterholes.
Infrastructure includes a four-bedroom Queenslander homestead, a two-bedroom cottage, steel cattle yards, two sheep yards, sheds, a six-stand shearing shed and a shearers’ quarters.
Darriveen will be auctioned on 2 August.
Chinese to offload Qld aggregation
The Sydney-based, Chinese-owned Hailiang Australian Land Investment Company is offloading two adjoining grazing and cropping assets in southern Queensland.
The 61,007ha Hollymount and Mt Driven are located 51km south-east of St George and 164km north-west of Goondiwindi.
In February 2014, the Hailiang Australian Land Investment Company paid $31.5m for Hollymount and $10m for Mt Driven. It is selling after a 10-year investment term.
The properties are being offered for sale on a bare basis as a whole or as separate holdings, plus a package of three unsupplemented water allocations totalling 3980ML.
Ray White Rural agent Richard Brosnan was unable to give a price guide for the diverse portfolio of properties, saying an expressions of interest process will realise its market value. EOIs for Hollymount and Mt Driven close on 22 August.
“The scale of Hollymount and Mt Driven is likely to attract corporate and institutional investors, as well as producers chasing large tracts of land to balance their portfolio.”
Hollymount
The 34,046ha Hollymount comprises four adjoining properties – Hollymount, Iandra, Beltana and West Harran – ideal for cropping and grazing.
There are 3500ha of dryland cultivation currently sown to oats and wheat, 3500ha of previous cultivation converted to buffel, 11,960ha of improved pastures and 11,895ha of grazing country, with the remainder older regrowth timber and remnant vegetation.
Hollymount is watered by two bores and 30 dams. The infrastructure includes two homes, a donga, two steel cattle yards, numerous sheds, five silos, a shearing shed and quarters.
Mt Driven
The neighbouring 26,960ha Mt Driven (comprising Westernbrook and Mt Driven) is 36km east of St George.
It consists of 18,760ha of established improved pastures, 1800ha of cleared cultivation and 700ha of cultivation land, with 5700ha of remnant vegetation.
It is watered by the Moonie River, two bores (one is shared between three neighbouring properties), supported by 24 dams.
Infrastructure includes two homes, two steel cattle yards and a shearing shed.
$45m+ for diverse Liverpool Plains country
More than $45 million is anticipated for a stellar dryland cropping and grazing opportunity at the coveted southern end of the renowned Liverpool Plains of northern New South Wales.
After two generations, the Norman family is selling the 3088ha Staplegrove Aggregation near Blackville, 48km from Willow Tree and 65km from Quirindi.
It comprises three non-contiguous properties -1714ha Staplegrove, 1021ha Brenand and 353ha Glendower.
LAWD agent George Barton is anticipating strong interest from institutional buyers and well-geared local farming families, describing the high rainfall country as ‘exceptional’ and the scale as a ‘rare commodity’ for the region.
The near-level Staplegrove Aggregation features deep black self-mulching clay soils rising to pockets of chocolate basalt soils.
Around 2200ha are planted to winter and summer crops including wheat, barley, chickpeas, faba beans, canola, sorghum and cotton, with the 888ha balance is used for grazing.
The property is watered by creek frontages, seasonal waterways and bores. The infrastructure includes a home, two cottages, cattle yards, numerous sheds, a grain dryer and 3800 tonnes of grain storage.
Staplegrove Aggregation is being offered for sale in one-line or as separate assets, with expressions of interest closing on 15 August.
HAVE YOUR SAY