Eastern Riverina gems, Tas block for sale

Linda Rowley October 16, 2023

More than $26M is expected for Murray and Emma Scholz’s Dunoon Aggregation at Culcairn. Photo: Elders Real Estate

TWO substantial holdings in the eastern Riverina and an irrigated block in Tasmania are among the listings set to test current values.

North Billabong, NSW

A mixed farm once home to the original Australian Hotel and Cobb & Co staging station in southern New South Wales is being offered to the market after being extensively developed.

The 1089ha North Billabong is situated 32km north-east of Holbrook and 63km south-east of Wagga Wagga.

It is suited to a range of endeavours including wool, prime lamb, cattle and/or cropping pursuits.

Meurer Pastoral Co is consolidating its assets and while it has not owned the property for long, Elders agent Nick Myer said the local family has completely transformed North Billabong.

“During their tenure, significant investment has been made into pasture improvement, soil fertility and a quality standard of fencing incorporating a centralised laneway system for ease of stock movement.”

The country features heavy carrying alluvial Little Billabong Creek flats to gently undulating land estimated to conservatively run 15,000DSE.

Located in a 700mm average annual rainfall region, abundant natural water is supplied by 3.5km of dual frontage to the Little Billabong Creek, multiple dams, a solar bore and numerous wells.

In addition, a 140ML irrigation licence is available from the Little Billabong Creek.

Infrastructure includes a recently renovated circa 1856 homestead, sheep yards with a 4000-head capacity, steel cattle yards, two machinery sheds, a hay shed, a workshop and 200 tonnes of grain storage.

Expressions of interest for North Billabong close on November 10.

Dunoon Aggregation, NSW

More than $26 million is anticipated for the Dunoon Aggregation in New South Wales’ Eastern Riverina owned by Nuffield Scholar Murray Scholz and his wife Emma.

Canola is one of the crops grown in rotation in the Dunoon Aggregation at Culcairn. Photo: Elders Real Estate

The 1419ha turnkey mixed farm has been aggregated over 50 years by the family and comprises three holdings: Earlsridge; Dunoon, and Killara.

Situated 15km from Culcairn, 22km from Holbrook and 65km from Albury, the gentle undulating fertile red loam soils and granite low hill country is suited to large scale cropping and livestock production.

Dunoon is currently in a crop rotation of wheat and canola with break crops of oats and vetch to support the 2000 breeding ewes and 120 cow-and-calf operation.

However, if the property was fully sown to permanent pasture, it has the capacity to run more than 1000 cows.

Located in a 600mm rainfall district, the Dunoon Aggregation is watered by dams, a bore and large silage reserves, with town water connected to most paddocks.

Improvements include three homes, a new three-stand shearing shed, three sheep yards, three cattle yards, 18 sheds and 25 silos.

Elders agent David Gittoes is handling the expressions-of-interest campaign.

Part Andora, Tasmania

There has been unprecedented enquiry for a small but highly productive mixed-farming and irrigation asset in north-east Tasmania.

The 264ha Part Andora is situated 2.5km south of Evandale and 21km south-east of Launceston.

Elders agent Nick Myer said overwhelming interest is coming from corporates and local and mainland producers.

“The tightly held country has access to the North Esk River and offers a strategic advantage for the incoming purchaser.”

“Many corporates who have significant water portfolios on the system may not have enough country and Part Andora would complement their existing holdings.”

Abundant natural water is supplied by numerous dams, extensive water entitlements via 100ML from the North Esk Irrigation Scheme, 20ML from Boyes Creek, 80ML of recycled water, and a strategic network of troughs.

Part Andora includes 152ha of centre-pivot irrigation. Photo: Elders Real Estate

With highly fertile soils and improved pastures, Part Andora is suited to cropping, viticulture, cattle, sheep and/or horticultural pursuits.

The irrigation infrastructure includes 152ha under centre pivots with scope for further irrigation development.

Part Andora is being offered for sale by expressions of interest closing November 9.


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