Property

Lynbrae, Tyrone, Tarwarri join NSW listings

Linda Rowley August 4, 2023

Lynbrae at Burraboi includes dryland and irrigated cropping country and has been running cattle and sheep too. Photo: Elders

A LARGE mixed-farming aggregation with substantial water entitlements in southern New South Wales is attracting good local interest.

Lynbrae is situated near Burraboi, 34km from Barham and 81km from Deniliquin in the state’s Southern Riverina and Murray Irrigation districts.

Spanning 1665ha across five adjoining holdings, the property is being offered as a whole or as two contingent lots: the 328ha Mount Hay, 384ha Inglebrae, 209ha Mount Hay South and/or the 474ha Lynbrae and 270ha Mungarra.

It has been held by Gordon Family Farms since 1963 and is being sold as part of succession planning, and is anticipated to make around $7 million.

The Lynbrae Aggregation is currently growing 354ha of wheat, 230ha of rice and 120ha of oats, with the balance irrigated pasture and dryland grazing currently running 250 cattle and 600 sheep.

Elders agent Peter Robertson said the well-balanced soils and efficient layout means the incoming purchaser can continue to produce high-yielding grain, fodder crops and livestock.

A strategically designed flood irrigation and recycle system extends over the five holdings with room for expansion.

The Lynbrae Aggregation features extensive frontage to the Jimaringle Creek and 3300ML of 2023 water entitlements which are included in the sale.

Infrastructure includes cattle and sheep yards, a four-stand shearing shed and excellent fencing.

Mr Robertson said the successful purchaser can take up the working rights to complete the rice ready cropping program and capitalise on the positive future irrigation allocation outlook.

Expressions of interest for the Lynbrae Aggregation close on September 8.

Tyrone, NSW

After 118 years of single-family ownership, the Tyms have listed their productive farming and grazing opportunity in New South Wales’ central-west to relocate closer to family.

The 1497ha Tyrone is 25km north of Coonamble, with Castlereagh Highway frontage, in an area well-regarded for dryland cropping and grazing.

With farming country in the region trading for around $2000/ac, Halcroft & Bennett agent David Thompson said there has been good early inquiry coming from locals and across NSW.

Tyrone is close to grain-receival sites at Coonamble, Walgett, Combara and Nyngan, livestock markets at Coonamble, Walgett and Warren, as well as abattoirs at Dubbo and Tamworth.

Situated in a 450mm annual rainfall region, the soils range from heavy black clay to red loams
growing 374ha of wheat and 378ha of barley.

Grazing country on Tyrone is timbered with redgum, coolabah, box, wilga and myall and currently running around 200 cows.

The property is watered by 10km of Castlereagh River frontage, supported by a bore and most of the fencing is in new or excellent condition.

Improvements include a six-bedroom home, a 500-head containment-feeding facility, new undercover cattle yards, a machinery shed and 200 tonnes of grain storage.

Tyrone is being sold via expressions of interest closing September 5.

Tarwarri, NSW

After four years ownership, Guyra’s Dave Carlon has listed the Nundle district property Tarwarri as he consolidates his New England assets in northern NSW.

The 1013ha property is are located in the tightly held Garoo district, described as some of the finest cattle country in the area, 51km south-east of Tamworth.

When Tarwarri was offered to the market in 2019 it sold within six weeks, despite the tough ongoing drought conditions, for $6.15M ($6071/ha) bare, after 82 years of ownership by the Burr family.

Ray White Rural agent Riley Gibson said Nundle is sought after country, in a renowned region and the sale of Tarwarri will test the market.

“The highest and best use of the versatile block is breeding and finishing, with the operation rated to run around 500 cows,” Mr Gibson said.

Tarwarri is close to a number of markets including the Tamworth regional Livestock Exchange and beef and lamb processing facilities.

The gently undulating basalt property is carrying a body of dry feed. Around 80 percent is arable and growing fodder crops including oats, sorghum and lab lab.

Tarwarri has a history of growing, barley, oats and sorghum and could be sown back to permanent pastures supported by seasonal fodder crops.

Tarwarri is serviced by eight bores, four equipped with solar pumps, three windmills and one electric submersible.

There are 18 dams, as well as double frontage to both the Sandy and Benama creeks.

Improvements include a four-bedroom home, two cattle yards, a woolshed, a machinery shed, a meathouse, a coolroom and two silos.

Tarwarri will be auctioned bare on September 6.

 

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