SHEEP, cattle and goat development opportunities abound with the listings of two well equipped properties listed for sale in Queensland.
Exclusion fenced aggregation lists for $40m
UK family offloads Charleville’s Raceview Station
Exclusion fenced aggregation lists for $40m
Will Grimwade’s well-developed, fully exclusion fenced grazing aggregation in south-west Queensland’s highly regarded ‘salad bowl’ region has been listed for $40 million ($494/ha).
The 80,877ha Talbalba straddles the border between Queensland and New South Wales, between the two major east coast goat processors at Charleville and Bourke.
It comprises four holdings – Talbalba, Barrygowan, Mintaka and Dunsandle Station – located 135km south-east of Cunnamulla and 140km north-east of Bourke.
Equally suited to a sheep and goat breeding and fattening enterprise capable of running 40,000DSE, the aggregation is currently running a Dorper sheep flock and harvesting rangeland goats.
Talbalba offers alluvial flood plains and higher gidgee and mulga, supporting a body of dry feed including Mitchell, Flinders and buffel grasses, as well as herbages with capacity to respond to winter and summer rainfall.
The country also benefits from flood-out areas from the Noorama and Widgeegoara creek systems.
Mr Grimwade said significant investment over the past five years has developed Talbalba into a substantial turnkey livestock aggregation.
“The family has been running Dorper sheep on the western part of the aggregation, as well as 50,000 rangelands goats (with a sprinkling of Boer genetics), along with large numbers of agisted cattle following beneficial flood events.”
Talbalba is situated in a 397mm average annual rainfall region and is also watered by 11 capped and piped bores supplying a system of 56 tanks and 71 troughs.
Infrastructure includes two renovated homes, staff quarters, governess quarters, two shearing sheds, five sheep and goat yards, two cattle yards and numerous sheds.
The successful buyer will have the option to purchase around 50,000 goats.
LAWD agents Col Medway and Simon Cudmore believe Talbalba will attract investors and natural capital groups looking to develop future projects.
UK family offloads Charleville’s Raceview Station
The UK-based Mellstrom family is selling south-west Queensland’s Raceview Station after 30 years of ownership.
Raceview Station was purchased by the late property tycoon and Surrey farmer Graham Mellstrom and is believed to be the last remaining Australian asset held by the family following the sale of its Brisbane commercial property portfolio.
Described as one of the most productive properties in the district, the 39,550ha are adjacent to Western Meat Exporters and 3km north-east of Charleville.
Raceview boasts 33km of Warrego River frontage. It is heavily pastured with buffel (across 40 percent of the property) with strong stands of edible mulga.
The property is suited to cattle breeding and finishing, or sheep and goats, and has been running 1800 cows and calves, and more recently, 1400 goats and their progeny.
Adcock Partners Property & Livestock agent Andrew Adcock said there has been good interest from established local producers keen to expand.
“The scale, location, diversity of pastures and access would suit a northern operator to grow cattle out without deviating off the north-south route.”
In addition to the Warrego River, Raceview is watered by the Wellwater and Crooked Creeks, and Bradleys Gully with permanent and semi-permanent waterholes, four bores and 13 dams, supported by 482mm of rainfall a year.
There is about 35km of exclusion fenced enclosing an area of 13,354ha. Infrastructure includes a four-bedroom home, a shed, a shearing shed, two cattle yards and a goat yard.
Raceview Station will be auctioned on May 2.
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