South to north: Listings include Coleambally holding

Linda Rowley, April 15, 2024

Mt Alma and Beulah are located close to Condobolin and have been listed for $3212/ha. Photo: ABC Property Sales

AMONG the latest listings to hit the market are a sizeable irrigated holding at Coleambally, three farms at Condobolin, and Croydon Park at Meandarra.

McLarty Road Aggregation, NSW

Corporates and investors are likely to show interest in the largest contiguous parcel to be offered in New South Wales’ Coleambally Irrigation Area.

The 1866ha McLarty Road Aggregation is located 40km south of Coleambally and 48km from Jerilderie in the state’s Riverina region.

It is close to grain-receival sites at Coleambally and Jerilderie, cotton gins at Whitton, Carrathool and Hay, and a number of saleyards, abattoirs, and feedlots.

The family-owned aggregation was put together over 10 years and comprises three separate parcels in close proximity, with 1572ha contiguous.

The McLarty Road Aggregation is located within the Coleambally Irrigation Area. Photo: Mannes Agencies

Most of the holdings are certified organic, with the balance farmed with regenerative practices.

The country is suited to a range of agricultural pursuits including cotton, mixed irrigated farming, and livestock production.

Currently, the McLarty Road Aggregation is largely developed for flood irrigation to both summer and winter crops on a mix of clays and loams, with smaller areas of sandy soil.

The balance is grazing country running an Angus cattle herd.

Prior to 2014, the previous owners adopted a mixed-farming system incorporating rice, cereals, oilseeds and pastures.

Mannes Agencies agent Anthony Mannes said the scale and contiguity of the holding has rarely been achieved within the Coleambally Irrigation Co-operative Limited (CICL) footprint.

While an equivalent holding has not been offered for sale, recent sales have achieved between $7500/ha and in excess of $10,000/ha.

Mr Mannes said the aggregation provides incoming purchasers with a number of opportunities.

“Neighbouring properties could become available in the near to medium term, allowing for further expansion,” Mr Mannes said.

“Additionally, there is potential to remove around 7km of CICL supply channel which bisects the main aggregation and replace it with more strategically positioned on-farm supply infrastructure.”

Five years ago, the vendors installed a lateral irrigator that was at the time, and may still be, the largest of its type in the Southern Hemisphere.

It features a 560m wet span, a 2.6km channel length and a 12ML-per-day output.

Other infrastructure includes four homes, numerous sheds, steel cattle yards, fertiliser storage, a 2000-tonne grain bunker, and 435t of grain storage.

Associated CICL delivery entitlements, which underpin the current owners water strategy, are supported by numerous dams, two bores and a 120,000-litre water tank.

Wallaroi West, NSW

Some of the best cropping and grazing country in the Condobolin district of central western NSW has been listed for $12 million.

The 2296ha Wallaroi West, previously part of a much larger station Wallaroi, is situated 44km south-west of Condobolin and 100km north of West Wyalong.

The mixed-farming and grazing holding fronts the Wallaroi Creek and is being offered to the market by Peter and Lydia Allen after 11 years of ownership.

The largely flat river country has red sandy loams to grey self-mulching soils that grow wheat, barley and canola on rotation, with 150ha of flood irrigation.

Wallaroi West, pictured here last year, is suited to cropping and sheep.

There is heavy carrying capacity country on the Wallaroi Creek with a good body of feed and conservatively stocked with sheep.

Located in a 456mm annual average rainfall area, the property has 10km of Wallaroi Creek frontage supported by four dams and a water licence.

Improvements include two homes, a four-stand shearing shed, steel sheep and cattle yards, two hay sheds and 370t of grain storage.

Wallaroi West is listed with Craig Tyack of ABC Property Sales.

Mt Alma and Beulah, NSW

Meantime, more than a $1M has been carved off the price of a picturesque mixed-farming enterprise, also near Condobolin.

The 1590ha Mt Alma and Beulah were offered to the market in August for $6.2m.

They are now listed for $5.107M, or $3212/ha.

Owned by Evan Haworth for more than 30 years, around 1133 arable hectares are growing wheat, barley and field peas, with the balance comprising undulating timbered grazing country suitable for sheep (1:4/ac).

Mt Alma and Beulah are well watered by multiple dams fed by the surrounding hills.

Improvements include a three-bedroom home, multiple sheds, a four-stand shearing shed, sheep yards and a number of silos with around 500 tonnes of storage.

The sale of Mt Alma and Beulah is being handled by ABC Property Sales agent Craig Tyack.

Croydon Park, Qld

Locals are dominating interest for a well-developed and well-located beef breeding and backgrounding property with water security and cropping potential in southern Queensland.

Croydon Park is being run as a beef operation, and has potential to support up to 1200ha of dryland cropping. Photo: LAWD

The Pittsworth-based Curr family is selling the 2498ha Croydon Park as it seeks to expand its footprint further west.

Situated on Queensland’s Western Downs, the property is located near Meandarra, 106km from Miles.

LAWD director Simon Cudmore said the property’s proximity to feedlots makes it an exceptional proposition.

“Croydon Park has 10 of the top 25 Australian feedlots within a radius of 150km so there is no shortage of marketing options to make this a great beef backgrounding operation.”

Capable of carrying 1000 adult equivalents, LAWD director Grant Veivers said Croydon Park has a balance of grazing and arable land offering operational diversification.

“Croydon Park is benefitted by fertile grey, self-mulching, cracking clay soils that have excellent moisture retention capacity,” Mr Veivers said.

Croydon Park at Meandarra currently has 120ha under forage crops. Photo: LAWD

“Currently, 120ha is under forage crops, but the dryland cropping area could be increased to 1200ha.”

Situated in a 572mm reliable annual rainfall region, Croydon Park is watered by a bore and 10 dams.

The Currs have invested extensive capital expenditure on pasture improvement and fencing, including 9.5km of exclusion fencing.

Infrastructure includes a four-bedroom home, cattle yards, a machinery shed, a three-stand shearing shed and three silos.

Croydon Park is for sale by expression of interest closing on May 3.


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