Property

Quality northern NSW holdings hit market

Linda Rowley July 26, 2024

Trewilga offers 5671ha of mixed farming in the Coonamble district of north-west NSW. Photo: Elders

PROPERTIES in diverse regions of northern New South Wales are on the market to offer a range of investment opportunities.

In the Coonamble district, the expansive Trewilga is on the market, while Yileena and the joint listings of Terlings and Bundenoon offer buy-in or expansion within the Moree region.

For those looking for a cattle-focused mixed-farming operation with scope as a carbon investment, the Echo Aggregation near Deepwater is among the latest listings.

Trewilga

Julia Creek beef producers Philip and Tania Curr, Arizona, are selling their versatile, blue-ribbon north-western NSW farming and grazing country.

Purchased in February 2021, the renowned Coonamble district property Trewilga has been used by the Curr family for backgrounding in conjunction with their Queensland country.

Spanning 5671ha, the operation is underpinned by heavy black self-mulching soils which have an excellent moisture profile.

Recently, the 2024 crop was sown to 1380ha of wheat, 180ha of barley and 240ha of oats.

The balance is heavy carrying capacity grazing country equally suited to cattle and/or sheep.

Trewilga previously produced first-cross ewes, but its current focus is on backgrounding and fattening around 4000 weaners on abundant natural pastures growing in the current favourable conditions.

Trewilga is watered by the Nedgera Creek plus an artesian bore.

Infrastructure is described as first class and includes a five-bedroom home, two cottages, numerous sheds, steel cattle and sheep yards, a four-stand shearing shed and five silos with 416-tonnes of grain storage.

Elders agents Brian McAneney and Chris Malone are handling the sale of Trewilga with expressions of interest closing on August 27.

Yileena

An ideal starter or add-on dryland cropping block is being offered for sale by a local corporate who is consolidating its holdings.

Held by the current owner since April 2019, the 671ha Yileena is located 10km north of Ashley and 35km north of Moree.

The vendor engages in a cereal and pulse cropping rotation on 644ha of mostly alluvial brown clays, with the 2024 program sown to barley and included in the sale.

Moree Real Estate agent Terry Adams said after a great start to the year, the crop is looking tremendous.

“Yileena is being currently being run as an absentee block and is already attracting good early interest from locals and away producers,” Mr Adams said.

 

Situated in a 550mm rainfall area, Yileena has four dams and is connected to the Gil Gil capped and piped scheme.

Improvements include a house site, a shed and good quality fencing.

The expressions-of-interest campaign for Yileena closes on August 14.

Echo Aggregation

A carbon-credit venture is being offered on a quality cattle and cropping enterprise listed for sale in northern New South Wales’ New England region.

Located 13km from Deepwater and 52km from Glen Innes, the 3537ha Echo Aggregation consists of seven contiguous properties: 366ha Echo; 452ha Cloudy Hills; 664ha Carrot Farm; 518ha Bushgrove; 518ha Rockabbey; 518ha Sugarloaf, and 500ha Bingeye.

Anticipated to achieve between $20 million and $22 million, the property has been extensively developed by owners Herde Land Pty Ltd and Raguz Land Pty Ltd.

LAWD agent Darren Collins said over recent years, the vendors have converted native pastures to cultivation and invested in water infrastructure and fencing.

“A further 16ha has been developed to centre-pivot irrigation and 877ha to dryland cropping growing oats, barley and corn.”

“The highly productive enterprise is used to breed and finish around 2626 adult equivalents on improved and timbered grazing land,” he said.

Echo Aggregation is located east of Deepwater in the northern New England district. Photo: LAWD

Mr Collins said there is potential for carbon offsets and biodiversity stewardship payments.

“Armidale-based carbon advisor, Precision Pastures, has identified the aggregation’s primarily loamy traprock soils as being ideal for carbon sequestration.”

“Preliminary due diligence has also been conducted to analyse options for carbon offsets for tree sequestration and biodiversity stewardship payments across further areas of the landholding,” Mr Collins explained.

Water is sourced from 13km of dual frontage to the Deepwater River, the Bow Creek, watercourses, several gullies and 34 catchment dams.

Added security is offered via a 104ML water licence from the Mole River.

Improvements include five homes, five cattle and sheep yards, three shearing sheds, numerous sheds and 108-tonnes of grain storage.

The Echo Aggregation is being offered for sale via expressions of interest closing August 22.

Terlings and Dundenoon

More than $32 million is anticipated for an institutional grade dryland cropping and grazing opportunity made famous by a royal visit.

The non-contiguous 1860ha Terlings and 1400ha Dundenoon (3km apart) are located 48km north-east of Moree and 76km south-west of Goondiwindi in the acclaimed Golden Triangle region of north-western NSW.

The properties are being offered for sale as a whole or as separate assets by LAWD and Moree Real Estate via an expressions of interest process closing on August 28.

Spanning a combined 3260ha, the properties were held by well-known industry veteran Sinclair Hill before his daughter Carina and husband Ed Shannon took ownership in 2019.

Mr Hill is credited with teaching King Charles III to play polo. In 1981, he hosted the then Prince of Wales at Terlings over the Easter long weekend.

During the family’s 120-year tenure, the enterprise has transitioned from fine wool to a bullock backgrounding operation and more recently to grain, cereal and pulse production.

Around 73 percent of the aggregation is arable and accommodates a winter and summer cropping rotation, comprising barley, wheat, canola, sorghum and chickpeas, on a mix of black, brown and red self-mulching clays.

Mr Shannon said the quality of the soil speaks for itself.

“After converting from livestock, the first wheat crop yielded six tonnes per hectare in a year that was particularly challenging for a number of reasons, including a very high rainfall,” Mr Shannon said.

“The country has a slight undulation throughout allowing for flooding rains to drain very quickly, which we see as something of a defining feature of these blocks.”

Mr Shannon said the enterprise also offers potential biodiversity offsets.

“Preliminary studies by the Biodiversity Conservation Trust have identified unique environmental habitats for koalas and endangered ecological communities.

“These have the potential to provide ecological financial benefits for any future owner.”

Historically, the vendors have run 150 cows on the productive pastures and sheltered timbered grazing, which is also suitable for livestock breeding systems and agistment opportunities.

Water is sourced from double frontage to the Nee Nee Creek, numerous dams, and an artesian bore.

Infrastructure includes a seven-bedroom Federation home on Terlings, a five-bedroom Queenslander home on Dundenoon, 550t of grain storage, a 1200t grain bunker, multiple machinery and hay sheds, and an airstrip.

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