THIS week’s property review includes a wrap-up of interesting recent listings across the country.
Unique cattle and sheep station on SA’s River Murray
Feedlot approval for Goondiwindi’s Carpendale Portfolio
Unique cattle and sheep station on SA’s River Murray
The last sheep and cattle property on South Australia’s River Murray is being offered for the first time in more than 100 years by the Grundy family.
Established in 1843, Mundoo Island Station is run over a series of islands – the largest being the 1197ha Mundoo Island Station (885ha freehold and 312ha leasehold) and the 710ha (leasehold) Ewe and Long Islands.
Situated 1.5 hours south of Adelaide, the holding is close to Goolwa on the Fleurieu Peninsula.
It presents as a working cattle and sheep station, supporting an Angus beef commercial herd, Dorper sheep, Aussie White stud rams and some horses.
In summer months, the Grundy family moves livestock from Mundoo on to Long Island because it grows abundant feed after being water-logged during the winter.
Colliers Agribusiness has been appointed to sell the station, with agent Tim Altschwager describing it as a once in a lifetime opportunity.
“Mundoo Island is the only pastoral property that sits where the River Murray meets the Southern Ocean, flanked by both fresh and saltwater systems.”
Mundoo Island is also a unique and ecologically valuable ecosystem situated in the Coorong Lakes and Wetland Ramsar Site – a wetland of international importance and one of the most significant wetlands in Australia.
Mr Altschwager said the unique disposition of the three islands allows them to support an incredible ecosystem supporting migratory birds and threatened wildlife.
Given its significance, interest is likely to come from the National Parks and Wildlife Service, the Department of Environment and Water, environmental and conservation groups for potential regeneration and eco-tourism opportunities, as well as livestock operators.
In the past, Mundoo Island Station ran farm stays, camping, history, photography and bird watching tours.
Infrastructure includes multiple dwellings, cattle and sheep yards, a shearing shed and numerous sheds.
Mundoo Island Station is offered for sale by expressions of interest closing on September 25. No price guide is being offered.
Feedlot approval for Goondiwindi’s Carpendale Portfolio
In southern Queensland’s Border Rivers region, an institutional dryland cropping opportunity, grain receival site and transport/logistics fleet is being offered for sale with approval for a feedlot.
The 13,740ha Carpendale Portfolio is located on the northern side of the Macintyre River, 30km north of Goondiwindi, in a 578mm average annual rainfall area.
LAWD agents Danny Thomas and Jaclyn Hope and Nutrien Harcourts Goondiwindi agent Andrew Jakins have been appointed to sell the five non-contiguous holdings – 2525ha Manus, 4115ha, Tingan and Nomby, 2576ha Bendidee, 3338ha Carpendale and 1186ha Mayfair.
Nomby has development approval for a 20,000 Standard Cattle Unit (SCU) feedlot with access to 120ML of licenced bore water (Surat Hutton groundwater) and 35ML of Gubberamunda groundwater.
Most of the soil types are chocolate to brown self-mulching cracking clays with some lighter sandy soils, with 12,259ha (89 percent) considered arable.
The portfolio is operated as a dryland cropping enterprise growing wheat, canola and barley in the winter months and sorghum during summer. However, it is also suited to chickpeas and corn.
An adjacent 5627ha of leasehold land (97 percent of which is arable) provides additional scale and operational efficiency. It comprises 858ha Colorado, 1168ha Akaringa, 1937ha Cobblecundy and 1665ha Flock and Balandry.
Three years ago, significant capital was invested into land class development including the levelling and improvement of 1611ha of melon hole influenced cropping land, and the conversion and levelling of 1272ha of grazing and 482ha of shade line country.
The grain receival site has 175,000t of bunker storage and 6230t of elevated silo storage, as well as an extensive transport/logistics fleet.
Infrastructure includes multiple residences and staff accommodation, a weighbridge, 2710t of grain storage and numerous sheds.
The Carpendale Portfolio is being offered for sale by expressions of interest closing on September 5.
HAVE YOUR SAY