Merrigal at Collie is expected to fetch around $22 million for vendors the Lean family. Photo: Peter MIlling & Co

AMONG listings on the market in the northern half of New South Wales this winter are Merrigal at Collie, Warrindilla at Walgett, and the GrainCorp storage at Delungra.

Merrigal

Around $22 million is anticipated for a highly regarded and historic cropping and livestock enterprise in the Collie district of Central Western NSW.

Acquired by the Lean family in 2007, the 5075ha Merrigal is 11km north of Collie, midway between Warren and Gilgandra, and 90km north of Dubbo.

Until 19 years ago, Merrigal had been held by the Perry family for three generations, or 75 years.

Originally settled by Alexander McGregor in 1845, the property has transitioned from a traditional wool-growing enterprise into a mixed-farming operation combining cereal and pulse cropping with a self-replacing Merino flock.

It is equally suited to sheep, cattle or a combination of both.

Peter Milling & Company agent Peter Dwyer has been appointed to sell Merrigal, and is already fielding strong interest from corporates and large family farming operators.

Continually improved under the stewardship of the Lean family, around 3242ha of fertile soft grey self-mulching soils through to red loams is typically sown to dryland cropping.

However, Mr Dwyer said the current cropping program had been tipped on its head by the season.

“Today, 1300ha of crop is being sown to wheat and barley, and the rest will be left fallow.

“That is very much the case for many local grain farmers; they are either not planting, or not planting the full amount, because the season is so late.”

The remaining 1833ha provides quality grazing and finishing country along the creek systems.

In addition, lucerne has been grown on some of the cropping country, providing a valuable grazing and finishing platform.

Situated in a temperate inland climate with hot summers, cool winters and moderate annual rainfall averaging 480-500mm, water is supplied by five equipped bores, 13 dams and frontage to the Merrigal and Wemabung creeks.

Infrastructure includes three three-bedroom residences, a five-stand shearing shed, two steel sheep yards, two steel cattle yards, numerous sheds, and 2270 tonnes of grain and fertiliser storage across 14 silos.

A historic 12-stand shearing shed, one of the first in NSW to be powered by electricity, is used for sheep shedding and storage.

Merrigal is being offered for sale through a two-stage expressions of interest process.

Round one closes on July 30, with round two closing on August 7.

Warrindilla

After 40 years of family ownership, an absentee owner from Bourke is selling cropping country in north-west NSW with extensive Castlereagh River frontage.

The 1595ha Warrindilla is 32km south of Walgett and 39km north of Carinda.

It consists of 1378ha of freehold land, a 131ha permissive occupancy grazing licence and an 85ha Travelling Stock Reserve permit.

It comprises two blocks on either side of the Castlereagh River that grow wheat, canola and barley on 1224ha of self-mulching black and grey soils.

Moree Real Estate agent Terry Adams said it is difficult to provide a price guide ahead of the auction on July 30.

“Warrindilla is a large-scale holding in a tightly held district,” Mr Adams said.

“Opportunities in this area are rarely offered to the market.

“However, recent comparable sales in the area over the past 12 to 18 months have achieved around the $5000-per-hectare mark.”

Warrindilla straddles the Castlereagh River south of Walgett. Photo: Moree Real Estate

Mr Adams said Warrindilla offers a high percentage of arable country, operational efficiency and flexibility as either a stand-alone operation or an expansion opportunity.

“Taking this into account, combined with the strong level of buyer enquiry received to date, from locals to within a 100km radius, I am anticipating a premium result.”

Infrastructure includes an older home and a shed.

Water licences will be made available as a whole or separately.

Delungra grain-storage facility

https://www.commercialrealestate.com.au/property/1-railway-street-delungra-nsw-2403-2020941323?utm_source=property%2Balerts&utm_medium=email

GrainCorp has listed its grain storage and handling facility at Delungra in northern NSW via an expressions-of-interest process.

GrainCorp is selling its Delungra site in three asset blocks. Photo: LAWD

The 4.76ha purpose-built site is 1km from Delungra and 34km from Inverell.

Leased to three separate producers for the past 30 years, the facility is used for local cropping and fodder operations.

LAWD agent Mark Mudford has been appointed to sell the facility as three separate assets or in one line.

They comprise:

Asset 1: 70t weighbridge and office, concrete vertical grain silos holding 4100t, a sample stand, a site office, an amenities block and a storage shed;

Asset 2: 4000t of vertical steel silo storage; and,

Asset 3: 27,000t-capacity steel grain shed.

Mr Mudford is anticipating inquiry from farming families, large farming groups and transport or storage operations.

The EOI campaign for the Delungra grain storage and handling facility closes on August 6.

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