Property

Lawson grows Uah, Bogandillon, Tumble Downs list

Linda Rowley, February 12, 2024

The Tumble Downs Aggregation between Grenfell and the Lachlan River is expected to fetch around $33M. Photo: LAWD

IN THE LACHLAN Valley of central New South Wales, Lawson Grains’ has purchased additional country for its Uah Aggregation, and Bogandillon and the Tumble Downs Aggregation have been listed by separate vendors.

Noorongong, Forbes

Lawson Grains has added 835ha to its Uah Aggregation near Forbes in the Lachlan Valley of central western New South Wales.

The corporate grain farmer paid an undisclosed sum for the adjoining Noorongong, which at the time of sale was offered with a $7.5 million to $9.5 million price guide, excluding crop.

Johnston Rural Group agent Sam Johnston said the acquisition was a strategic fit for Lawson Grains given the Uah Aggregation neighbours the property’s southern boundary.

The Uah Aggregation was put together over three years, with the first properties purchased in 2014 and a further four properties added two years later, resulting in a total arable area of 10,524ha.

Historically operated as a mixed livestock and cropping farm, it has been converted by Lawson Grains to a controlled-traffic, no-till, cropping-only enterprise.

Significant investment has been made to develop the operation including the construction of extensive roadway and drainage networks and a 40,000t grain storage and handling facility sufficient to store an entire season’s crop.

Noorongong is situated 12.5km south of Forbes and was aggregated and considerably improved over three decades by a Manildra-based family.

Around 90 percent is arable and watered by 550m of Bundaburrah Creek frontage, five dams and eight bores.

Bogandillon, Condobolin

More than $14M is anticipated for the 3430ha Bogandillon, near Fairholme, 25km east of Condobolin.

It is being sold by Lake Cargelligo’s Derek and Melissa Davis, who wish to consolidate their interests.

During their 10-year ownership, the Davis family has used the dryland-cropping operation in conjunction with their other mixed-farming properties.

Bogandillon is located east of Condobolin and comprises grey clay and red loam country. Photo: LAWD

Around 2635ha, or 72 percent, of Bogandillon is arable and growing a range of crops including wheat, barley and canola on grey clays and red loams.

Water is supplied from the Euglo water scheme as well as the Bogandillon Creek and dams.

LAWD agent Ian Robertson reports good inquiry coming from locals, large family farm operators and Victorian producers.

Improvements include a three-bedroom home, workers accommodation, extensive grain storage and a machinery shed.

Bogandillon is being sold by expression of interest closing March 5.

Tumble Downs Aggregation, Grenfell

Mr Robertson also has the 2525ha Tumble Downs Aggregation listing, high-rainfall cropping country in the Warraderry district expected to achieve around $33M.

The Tumble Downs Aggregation is being offloaded by South Australia’s McCabe family who are keen to secure opportunities closer to home.

It comprises:

  • Tumble Downs: 1894ha with 1540ha, or 82pc, arable with water supplied by Central Tablelands Water, Native Dog Creek and dams.
  • Elambone: 658ha with 579ha, or 88pc arable, with water supplied by a bore and a storage tank. Infrastructure includes a 1500t grain shed, three grain silos with 1260t of storage and three fertiliser silos with a total 180t of capacity.

The Tumble Downs Aggregation is primarily a cropping operation and features fertiliser and grain storages. Photo: LAWD

Across the dryland cropping operation, 2120ha, or 83pc, is arable and grows wheat, barley, canola, lupins, faba beans and chickpeas.

Around 200ha, or 8pc, is used for grazing prime lambs.

Situated in a 620mm annual rainfall region, Tumble Downs and Elambone offer open and level land types with a history of fertiliser application and soil amelioration.

Infrastructure across the holding includes multiple residences and 3385t of grain storage.

The aggregation is being offered for sale by expression of interest closing March 12.

 

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