Property

Border Rivers holdings, Ray Scott portfolio list in Qld

Linda Rowley July 30, 2024

Maplemoor grows cotton and sorghum as its main summer crops, and wheat and barley planted as winter crops are included in the sale. Photo: Nutrien Harcourts

TWO holdings in the Border Rivers region, Boongargil and Maplemoor, and the vast Ray Scott Pastoral Company portfolio are among the latest Queensland offerings to come to market.

Boongargil

Chinese-owned CK Life Sciences is offloading its 4256ha irrigated and dryland cropping opportunity in Queensland’s Border Rivers region for more than $35 million.

Boongargil is located on the northern side of the Macintyre River, 23km from Toobeah and 60km west of Goondiwindi, and is being sold after eight years of ownership.

It is close to cotton gins near Goondiwindi and Mungindi, Moree, St George and Dirranbandi, as well as grain-receival sites near Bungunya, North Talwood, Toobeah, Goondiwindi and Moree.

The mostly open and level topography offers self-mulching black/grey cracking clays with areas of red soil types growing cotton, wheat and sorghum in rotation.

Around 1586ha of Boongargil have been extensively developed to irrigation, with 258ha under centre- pivot irrigation and 1328ha of flood irrigation, as well as 1814ha of dryland cropping, with the balance grazing and support land.

Cotton is one of the main crops grown on Boongargil. Photo: LAWD

The operation is underpinned by 1710ML of supplemented and unsupplemented water allocations, as well as additional overland flow water harvesting capabilities following high rainfall and river flow events.

This is supported by 9032ML of on-farm water storage and 723ML of connected supply channel systems in a reliable 505mm rainfall region.

Infrastructure includes three main residences, staff accommodation, numerous sheds, a shearing shed and 1400 tonnes of grain storage.

LAWD agents Danny Thomas and Simon Cudmore are handling the sale of Boongargil which is offered via expressions of interest closing on August 29.

Maplemoor

A Macintyre Valley irrigation and dryland cropping enterprise is being offered to the market by members of the Scott family after 27 years of ownership.

The 1957ha Maplemoor is located 18km east of Boomi, 34km from the Koramba Cotton Gin and 66km west of Goondiwindi.

Included in the sale are 625ha of winter cereal crops including wheat and barley.

Nutrien Harcourts agent Andrew Jakins is anticipating interest from local, New South Wales and Qld irrigators, as well as family farmers looking to expand.

Around 676ha is dedicated to dryland farming on deep, black floodplain soils with excellent moisture retention capabilities.

Maplemoor includes dryland and irrigated country. Photo: Nutrien Harcourts

Cotton is grown on the 511ha of protected flood irrigation which has been developed into six fields, with regulated water sourced from the Macintyre River and an overland flow.

On the 744ha balance, the Scott family has previously run cattle.

Maplemoor is offered with three water allocations totalling 1412ML and a 1037ML floodplain harvesting entitlement during prolonged times of heavy rain.

Water is also supplied by 45ha of water storage and access to the capped and piped Baronga West Bore Scheme.
Infrastructure includes a four-bedroom home, a four-bedroom cottage, workers’ quarters, numerous sheds, a stable complex and eight silos with 326 tonnes of storage.

The expressions-of-interest campaign for Maplemoor closes on August 29.

Ray Scott Pastoral Company portfolio

Elders has officially launched the sales process for a productive vertically integrated beef enterprise offered by the Mt Gambier-based Scott family.

Acquired over several generations and strategically expanded over the last 20 years, the Ray Scott Pastoral Company portfolio features geographic and climate diversity, with access to live export, feedlots and beef processing.

The 107,503ha aggregation comprises six properties and spans some of the most productive areas of Queensland from St George in the south to Charters Towers in the north.

Mark Barber and Tom Russo from Elders Rural Services have been appointed to market the assets via an expressions-of-interest campaign closing on August 9.

The agents are anticipating competition from all segments of the market for individual parcels, a combination of assets and for the portfolio as a whole.

The Ray Scott Pastoral Company portfolio. Photo: Elders

The high quality, productive assets have been extensively pasture improved and offer beef breeding and finishing and extensive dryland farming.

The 28,555ha Fairfield Aggregation is considered the jewel in the crown and consists of 7536ha Fairfield North, 7859ha Fairfield Central and 13,160ha Fairfield South.

Located in the renowned Bauhinia district, it offers some of the most fertile country in Qld.

The 10,526ha Ingaby, situated on the Balonne River near St George, is a backgrounding property with centre-pivot irrigation for fodder or finishing.

Mr Barber said the extensive arability of Ingaby and the Fairfield Aggregation provide enterprise diversity by way of large-scale dryland farming.

“Located in Central Queensland, the Fairfield Aggregation is ideally suited to producing large amounts of fodder and grain and/or growing out and finishing cattle from western and northern Queensland.”

The 59,517ha Carse O Gowrie Station on the banks of the Burdekin River near Ravenswood and the 8907ha Echo Hills Station near Surat are breeding properties offering development opportunities.

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