Property

WA eastern Wheatbelt aggregation, Qld’s Burnbrae list

Linda Rowley, May 21, 2024

Burnbrae at Moonie in southern Qld is enjoying one of its best seasons in years. Photo: JLL Agribusiness

LISTING of a three-property aggregation will test the market’s appetite for scale in Western Australia’s eastern Wheatbelt, and the Campbell family is selling Burnbrae in southern Queensland.

Moorine Rock-Bullfinch Aggregation, WA

A Perth-based corporate is offloading the 18,161ha Moorine Rock-Bullfinch Aggregation in the eastern Wheatbelt region of WA.

It comprises three non-contiguous hubs near South Yilgarn, around 25km north-west of Southern Cross.

Spanning 18,161ha, the holding offers expanded opportunities for a large-scale cropping of oilseeds, legumes and grains as well as a sheep enterprise.

Ray White Rural agent Simon Wilding was unable to offer a price guide, explaining nothing had sold locally in the last two to three years.

“There has been strong early interest from large family farmers, corporate investors and locals, as well as those looking for carbon sequestration and renewable energy opportunities.”

High-yielding capacity soils are found across the aggregation with native vegetation including salmon gum, mallee, gimlet, york gum and jam.

Scheme water is connected and supported by dams.

Moorine Rock Farms. Photo: Ray White Rural

Around 5340ha of the 6500ha Moorine Rock Farms is arable.

Gently undulating with well drained medium to heavy sandy loams with some yellow sandplain.

Infrastructure includes a 10- bedroom home workers accommodation, numerous sheds and silos.

Around 3552ha of the 4150ha Marafioti Farm is arable.

Featuring productive medium to heavy sandy loams, salmon gum, York gum and some gimlet.

Infrastructure includes numerous sheds, 10 silos with 328 tonnes of storage and old sheep yards in need of repair.

Around 6899ha of the 7510ha Bullfinch Farm is arable.

Gently undulating with productive soils comprising mostly heavy sandy loams with yellow sandplain in areas.

Infrastructure includes numerous sheds, a four-stand shearing shed, two sheep yards and three silos with 165 tonnes of storage.

The Moorine Rock-Bullfinch Aggregation is being offered for sale by expressions of interest closing June 12.

Burnbrae, Qld

A quality mixed-farming enterprise in southern Queensland has hit the market for the first time and is likely to achieve between $12 million and $13 million.

The 2597ha Burnbrae, 14km east of Moonie and 99km west of Dalby, has been held by the Campbell family for 57 years.

JLL Agribusiness, who has been appointed to handle the sale, is not offering a price guide, but recent sales in the region have achieved $4700-$5000/ha.

Burnbrae fronts the Moonie Highway west of Dalby. Photo: JLL Agribusiness

Agent Chris Holgar noted the property’s location is expected to be a key driver.

“Burnbrae fronts the Moonie Highway, is ideally positioned between Roma and Dalby, which serve as two of Queensland’s major livestock selling centres, and sits within a 130km radius of every major feedlot in the state’s south-east.”

He believes the property will hold particular appeal for existing industry participants and family farming groups.

Featuring developed brigalow and belah land types and a mix of productive soil types, most of Burnbrae has been farmed with 73ha currently planted to oats.

While the property is suitable for conversion, Burnbrae is being operated by the Campbells as a breeding and backgrounding enterprise.

Agent Geoff Warriner said the turnkey enterprise has had one of its best seasons in recent times and is fully grassed up.

Water is secured by an artesian bore reticulating to 17 watering points, a dam and dual frontage to the Toombilla Creek.

Infrastructure includes a home, a shearing shed, numerous sheds, grain silos and steel cattle yards.

Burnbrae is offered for sale by expressions of interest closing on June 6.

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