The Carpendale Portfolio includes 175,000t of bunker storage and 6230t of vertical storage. Photo: LAWD/Nutrien Harcourts

IN SOUTHERN Queensland’s Border Rivers region, Carpendale’s institutional dryland-cropping opportunity, grain-receival site and transport and logistics fleet is being offered for sale.

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.

Most of the soil types are chocolate to brown self-mulching cracking clays with some lighter sandy soils, with 12,259ha, or 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.

It is also suited to chickpeas and corn.

An adjacent 5627ha of leasehold land, 97pc of which is arable, provides additional scale and operational efficiency.

It comprises: 858ha Colorado; 1168ha Akaringa; 1937ha Cobblecundy, and 1665ha Flock and Balandry.

Across the entire aggregation, yields averaged 2-4 tonnes per hectare for cereal crops, 1.5-2.5t/ha  for canola, and 3-5t/ha for sorghum.

Carpendale is one of Qld’s few large-scale canola growers, and has averaged yields of 1.5-2.5t/ha. Photo: LAWD/Nutrien Harcourts

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, and an extensive transport/logistics fleet.

Nomby has development approval for a 20,000 Standard Cattle Unit feedlot with access to 120ML of licenced Surat Hutton groundwater) and 35ML of Gubberamunda groundwater.

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 September 5.

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