THIS week’s property listings include the irrigated Oakleigh Park West at Bowenville, Mt Alma and Beulah at Condobolin, and Scruffs on Eyre Peninsula.
Oakleigh Park West, Qld
More than $20 million is anticipated for an irrigation opportunity in southern Queensland.
The 611ha Oakleigh Park West is located near Bowenville, 15 minutes from Dalby on the eastern Darling Downs, and close to feedlots and cotton gins.
The sale will end 80 years of ownership by the Stephen family, with brothers Andrew and Chris currently running the property.
Nutrien Harcourts agent Ross Murray said holdings of this type are tightly held and will attract large irrigators and corporates seeking a secure, well-located irrigated farming opportunity.
“The main attraction is water reliability,” Mr Murray said.
“Oakleigh Park West has easy access to significant water assets including double frontage to the Oakey Creek and low-flow irrigation licences.”
Water entitlements include:
- 3324ML annual volumetric entitlement from the Oakey Creek, and a nominal entitlement of 1349ML;
- 244ML irrigation bore licence from the Condamine Alluvium with an additional 244ML carryover from the previous year;
- Overland flow opportunities; and,
- 1150ML of on-farm storages.
There is 199ha of lateral-move irrigation currently planted to barley.
Oakleigh Park West benefits from deep self-mulching black soils with a further 355ha under cultivation and mostly planted to barley.
Some of this area was previously under flood irrigation, with an additional area suitable for irrigation development.
The improvements include two hay and machinery sheds, 800 tonnes of grain storage, two bores, and pumping infrastructure.
A five-bedroom home is available for sale on a separate title.
Mt Alma and Beulah, NSW
A picturesque mixed-farming enterprise in New South Wales’ Central West has been listed for $6.2m.
The 1590ha Mt Alma and Beulah is situated near Condobolin and has been owned by Evan Haworth for the past 30 years.
Around 1133 arable hectares is growing wheat, barley and field peas, with the balance comprising undulating timbered grazing country suitable for sheep (1:4/ac).
Mt Alma and Beulah are well watered by multiple dams fed by the surrounding hills.
Improvements include a three-bedroom home, multiple sheds, a four-stand shearing shed, sheep yards and a number of silos with around 500t of storage.
Craig Tyack from ABC Property Sales believes interest will come from neighbours, locals and entry-level players.
Brad Agars is downsizing with the listing of the 1063ha Scruffs in the sought-after central Eyre Peninsula region of South Australia.
Located near Murlong, the property is currently operated under an annual share-farming agreement with 618ha of arable country sown to wheat, canola and barley.
The balance is timbered country that can run sheep.
CBRE Agribusiness agents Phil Schell and Angus Bills, who have been appointed to handle the sale of Scruffs, believe it is the perfect opportunity for a farm build-up.
“Enquiry will come from local farming families seeking an add-on block, as well as out-of-district farmers and city-based investors looking to continue the share farming agreement or further lease opportunities.”
The incoming purchaser will be granted a licence to occupy the property to maintain summer weed control and ensure the property is ready to crop for the 2024 growing season.
The property is well-fenced and has mains water supply, single-phase power and a multi-use shed with spray tanks.
Scruffs is expected to generate interest in excess of $3000 per arable hectare.
The two-stage expression of interest campaign closes on October 19.