TWO properties with considerable irrigation developments, Wallowa Downs in Victoria’s Wimmera, and the Garrawilla Aggregation in the Lachlan Valley of central New South Wales, have come to market.
Wallowa Downs, Vic
A picturesque Victorian cropping, irrigation and livestock operation has been listed for sale for more than $13 million by the Sanders family after three years of ownership.
The 2942ha Wallowa Downs is 62km north of Kaniva in the West Wimmera, 5 minutes’ drive from the South Australian border, and neighbours AJ & PA McBride’s Telopea Downs.
Purchased in September 2021 for $9.15M or $3110/ha, the family has invested significant capital into Wallowa including 65km of new internal fencing, new shedding and pasture renovation.
The cropping country is gently undulating with large open flats of grey sandy loams over clay, and large areas of clayed improved soils producing cereals, legumes and pulses.
This year’s cropping program included 615ha of lucerne, 220ha of barley, 350ha of lupins and 200ha of ryecorn.
Nutrien Harcourts agent Geoff Watts said the versatile property offers potential for further expansion.
“Around 650ha is irrigated by six centre pivots across 13 circles, serviced by four equipped bores and a 2000ML water licence, with a further seven centre pivots ready for future development.”
The established lucerne pastures are currently running around 4200 Merino ewes including replacements but is also suited to cattle.
Situated in a 471mm average annual rainfall district, water is also secured by an additional equipped bore.
Infrastructure includes a five-bedroom bluestone home, a two-bedroom cottage, a renovated eight-bedroom shearers quarters, a six-stand shearing shed, steel sheep yards, new sheds and 1200-tonnes of grain storage.
Garrawilla Aggregation, NSW
Lachlan Valley gem Garrawilla Aggregation is attracting good inquiry after being listed for sale by expressions of interest.
The 1714ha irrigation enterprise is located 15km east of Forbes and comprises six properties: Garrawilla; Wirrabilla; Woolvadel; Glenbrook; Lowen, and Wirrabilla Homestead.
Ray White agent Kim Watts was unable to disclose the vendor or price expectations, but Grain Central understands it is being sold by Evolution Mining which paid CMOC Mining $600M for a stake in the Parkes mine in December last year.
With water trading at $1350-$1400/ML, the 4638ML of water entitlements on Garrawilla are expected to raise up to $6.5M.
The aggregation has a mixture of grey and black clay loams and some red country, 618ha of flood irrigation, 360ha of lateral-move irrigation, 3350t of grain storage, and extensive shedding.
The six properties are:
- 611ha Lowen has 290ha of flood irrigation, 151ha of dryland cultivation, 170ha of lateral move irrigation and 400ML of water storage;
- 184ha Garrawilla has 150ha of flood irrigation and 34ha of dryland cultivation, 40ML water storage, 600ML zone 3 bore licence, a shed and 3350-tonnes of grain storage;
- 127ha Wirrabilla Homestead has 76ha of flood irrigation, 50ha of dryland cultivation and a 500ML zone 3 bore licence;
- 243ha Glenbrook has 243ha of dryland cultivation, 700ML zone 3 bore licence, a bore, several sheds and a four-bedroom home;
- 320ha Wirrabilla has 252ha of flood irrigation, 106ha of dryland cultivation, 190ha of lateral move irrigation, 1110ML zone 3 bore licence and 150ML of water storage; and,
- 227ha Woolvadel has 1400ML of water storage.
The Garrawilla Aggregation is being sold as a whole or separately via expressions of interest closing December 16.
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