NEIGHBOURS and large, nearby farming family operators are showing strong interest in a mixed farming operation spanning close to 6000ha in New South Wales’ north-west.
The Eural Aggregation is located 8km north-west of Boomi and 85km south of Moree, in a tightly held district that averages around 540mm of rainfall a year.
Comprising five adjoining properties, the 5926ha have been aggregated by three generations of the Hickson family, with the original Eural block purchased back in 1929.
The country is mainly level, self-mulching, grey and black soils, timbered with coolibah, belah and myall.
Around 1183ha is prepared for the 2023 winter crop.
Last year, that area was sown to faba beans, barley, oats, sorghum, forage oats and legumes.
A further 1657ha has been recently returned to cultivation, ready for next year’s winter crop.
The balance is growing native grasses.
Vendor John Hickson and his family have made the decision to offload the Eural Aggregation after 94 years of family ownership to allow them to move into livestock.
“My grandfather was rumoured to be the first farmer to grow wheat north of Gunnedah.
“Despite all three generations growing wheat, we prefer to run sheep.”
Mr Hickson said the Eural Aggregation is situated in an area dominated by cropping.
“Currently, more than 1200ha can be cropped; however, around 3200ha is arable.
“The balance is used for grazing sheep and cattle.”
“Stocking rates are adjusted according to rainfall.
“During the 2019 drought, the property was totally destocked, but it is capable of running up to 8000 sheep.”
Eural has double frontage to the Whalan Creek, access to the Boomi East and Euraba capped and piped bore schemes, three dams, 36 tanks and 62 troughs.
The aggregation comprises five adjoining properties:
- 1600ha Eural has a 60,000l rainwater tank, quality fencing and some exclusion fencing. Infrastructure includes a five-bedroom home, a four-stand shearing shed, sheep and cattle yards, a large machinery shed and six silos with 377t of storage;
- 1242ha Glenmore is watered by a dam and a bore. Improvements include a three-bedroom home.
1343ha Naroola is watered by a dam and has a six-bedroom home;
- 677ha Broxburn has access to the Whalan Creek. Infrastructure includes a five-bedroom home, cattle and sheep yards, sheds, a small feedlot and 45t of grain storage;
- 1064ha Boonal West has a dam and a bore, an old house, quality fencing and two silos with 400t of storage.
The portfolio is being offered by expressions of interest closing on August 25.
Terry Adams from Moree Real Estate is handling the sale and offering a $6000-$7500/ha price guide based on recent sales in the area.
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