Coleambally Station and Noonamena Aggregation jointly cover 8300ha in the Riverina. Photo: Colliers

PROPERTIES on the market in New South Wales include the investor-owned Coleambally Station and Noonamena Aggregation, the Mia Mia Aggregation in the Purlewaugh Valley and Kulki near Graman.

Coleambally Station and Noonamena Aggregation

A Chinese investor is offloading what is described as one of the premier irrigation holdings in the Riverina region of south-western NSW.

The 8300ha Coleambally Station and Noonameena Aggregation are located 15km from Coleambally and 79km from Griffith in the Murrumbidgee Valley, renowned for its free-draining sandy loam soils complemented by a Mediterranean climate.

The region is one of Australia’s key cotton-growing areas and emerging citrus fruit, almond and pistachio nut production hubs.

The Coleambally Station and Noonameena Aggregation last traded in May 2013 when sold by Alan and Robyn Turner who, at the time, were running an irrigated and dryland farming enterprise, together with livestock breeding and finishing.

The substantial water entitlements comprise more than 5100ML of reliable Lower Murrumbidgee groundwater and access to regulated Murrumbidgee River water via the Coleambally Channel Scheme.

Colliers Agribusiness transaction services agent Rawdon Briggs said the combination of flat plains and ample supply of water has allowed the Riverina to develop into one of the most productive and diverse areas of Australian agriculture.

“The offering represents an opportunity to secure rare economies of scale underpinned by highly reliable irrigation water, with further row cropping and horticultural development potential or environmental projects.”

Infrastructure includes two homes, two cottages, two shearing sheds, steel sheep yards, cattle yards, numerous sheds and 1000-tonnes of grain storage.

The Coleambally Station and Noonameena Aggregation is offered for sale by offers to purchase closing November 20.

Mia Mia Aggregation

Sydney businessman David Reid is seeking around $22 million bare for his mixed farming enterprise, labelled as one of the finest in the renowned Purlewaugh Valley.

The 3372ha Mia Mia Aggregation is 25km east of Coonabarabran and sits on the divide between the central west and north-west slopes regions of NSW.

It comprises three properties – the adjoining 1249ha Mia Mia and 1141ha Elouera, and the nearby 982ha Merrybah.

The Mia Mia Aggregation is located 25km east of Coonabarabran. Photo: Elders

Mr Reid runs the aggregation crops an area of 1012ha and runs 900 cows and calves.

As a grazing-only enterprise and with ongoing pasture development, numbers could be lifted to 1200-1300 cows and calves.

Running from flat to gently sloping and undulating kurrajong country, the Mia Mia Aggregation has 2070ha of cultivation with the ability to produce winter cereals and or summer crops, plus a large amount of fodder.

It features a productive mix of mostly black and chocolate heavy self-mulching basalt soils and quick responding red and sandy loams.

Elders agent Ian McArthur said the $22m price guide represents a $17,000 a cow unit or $6524/ha ($2640/ac).

“Purlewaugh is tightly held by generational families and as a result, few properties have changed hands. It is similar to Coolah, with a slightly higher rainfall and a totally different price-tag.”

• Mia Mia – 500ha of basalt soils growing summer and winter crops and 87ha of introduced and native pastures. Infrastructure includes a renovated three-bedroom home, cattle yards, numerous sheds and 200t of grain storage;
• Elouera – 770ha of basalt soils growing summer and winter crops and 42ha planted to oats. Infrastructure includes a four-bedroom home, cattle yards and 205t of grain storage;
• Merrybah – 880ha of basalt soils and red and sandy loams growing summer and winter crops, 220ha planted to oats and barley, 46ha planted to canola and 100ha of introduced pastures. Infrastructure includes two sheds, cattle yards and 100t of grain storage.

Receiving 700mm of rain a year, the Mia Mia Aggregation is watered by three bores, the Baby Creek and numerous dams.

In recent years, almost all of the road boundary fences and many internal fences have been replaced.

Infrastructure includes two renovated homes, a workman’s cottage, three cattle yards, numerous sheds and elevated grain silos.

Expressions of interest for the Mia Mia Aggregation close November 8.

Kulki

After being held by the Capel family for more than 70 years, David and Annabelle Horn have listed Kulki in northern NSW to finalise an estate.

The 2146ha holding is anticipated to achieve more than $20 million on a bare basis, with expressions of interest closing on November 14.

Kulki. Photo: LAWD

Located near Graman, 39km north-west of Inverell and 60km north-east of Warialda, Kulki is a mixed enterprise previously operated as a Merino stud.

Currently, 961ha, or 45pc, of the mostly heavy black self-mulching to chocolate brown soils is developed for dryland cropping and is growing 585ha of barley, 331ha of oats and 45ha of lucerne.

The 1185ha balance is used for beef and lamb production.

Presently understocked, Kulki is running 30 cows and calves, 113 steers and 950 lambing ewes.

Benefiting from 750mm of annual average rainfall, the property has a number of reliable and secure water sources including 11 dams, three bores and the spring-fed Pine Nob Gully and Wyndhams creeks.

Infrastructure includes a circa 1900 four-bedroom home, numerous sheds, two cattle yards, a 10-stand shearing shed, sheep yards, shearing quarters and five grain silos with 340t of storage.

Over the past two years, 10-12km of new fencing has been constructed.

LAWD agent George Barton is handling the sale.

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