WA’s Nanekine, five from NSW come to market

Linda Rowley, July 28, 2023

The McWilliam family has listed Oaklea in the Golden Triangle of northern NSW. Photo: Ray White Goondiwindi

A LARGE-SCALE mixed farm in WA’s Geraldton zone with an AFL connection and some prized country in central and northern NSW are among this week’s listings.

Nanekine, WA

A large-scale farming property in Western Australia’s highly regarded northern wheatbelt is being offered by sale by the family of Jeremy Wasley, the 1996 Sandover Medal winner and a former Swan Districts player.

The 10,534ha Nanekine is a mixed-farming enterprise with a focus on cereals and Dorper sheep production, located 34km north-east of Mingenew and 134km south-east of Geraldton.

It sits at the juncture of the medium to low rainfall reporting regions (M1 and L1) and according to the Planfarm Benchmarks multiyear analysis, is among the best-performing broadacre farming regions in WA from a return on capital perspective.

The Nanekine Aggregation comprises five contiguous holdings:

  • 2236ha Pri-Inga (1541ha arable)
  • 3392ha Nanekine Home (2717ha arable)
  • 855ha Rockend (683ha arable)
  • 2057ha Moonbay (1690ha arable)
  • 1993ha Indar (1563ha arable)

The predominant soil types across the aggregation are red, red sandy and gravel loam soils, with smaller areas of clay loam, sandy gravel and loams.

Around 8194ha is arable, with the cropping program growing 5400ha of wheat annually, with smaller areas sown to lupins and oats for stored grain, hay and forage.

Nanekine covers 10,534ha in WA’s Mingenew district and grows wheat, lupins and oats. Photo: Nutrien Ag Solutions

Up to 3000 Dorper ewes and lambs are run as part of the mixed-farming operation, and the additional country is remnant vegetation.

Nanekine has been held by the Wasleys since 1981 and is being sold to allow the family to pursue interests outside of the farming business.

Agent Yves Beagley from Nutrien Ag Solutions expects significant interest from corporates, institutional investors and local farming families.

“Modern agronomy and nutrition strategies have been implemented across the property, with the Wasleys focused on improving soil health, weed control and efficient water use.”

“More specifically, almost 59,000 tonnes of lime sand have been applied since 2006 under wheat and pasture rotation, underpinning a long-term wheat average of 2.3t/ha or 2.6t/ha in the last five years,” Mr Beagley explained.

The Nanekine Aggregation is watered by 10 equipped bores and 52 water points (allowing for ease of management), supported by a scheme water connection.

The fixed improvements are well maintained and include four homes, seasonal workers accommodation, machinery, grain and fertiliser storage and three sheep yards.

Nanekine can be purchased as a whole or as five separate holdings by offers to purchase closing on September 7.

Glenmuir and Tickatoo, NSW

A productive and well-appointed dryland cropping and grazing opportunity in central New South Wales is anticipated to make around $8 million or $3500 per hectare.

The 2386ha Glenmuir and Tickatoo Aggregation is located 27km from Collie and 31km from Gulargambone, in the renowned Merrigal district.

It comprises the 1537ha Glenmuir and 849ha Tickatoo, which are 7km apart.

Cootamundra-based James and Sally Burge purchased Glenmuir in 2020 and Tickatoo shortly afterwards and operate both remotely.

LAWD senior director Col Medway reports interest is coming from locals and farming families, especially from higher-priced areas where the central region presents as good value for money.

Around 96 percent of the flat to gently undulating country is arable and features mostly red-brown earths with grey, grown and red clays.

Currently, 2290ha have been sown to dryland crops including 1250ha to wheat, 460ha to canola and 580ha to lupins.

The cropping platform is described as highly efficient with very few paddock trees, enhancing the efficiency of operations.

Glenmuir and Tickatoo are located in the renowned Merrigal district of central NSW. Photo: LAWD

While the enterprise does not run livestock, there is infrastructure to support both cattle and sheep including internal fencing, a watering system, a shearing shed and cattle yards.

The aggregation is securely watered by two large natural lakes that fill in wet years, as well as multiple dams and bores.

The infrastructure on Glenmuir includes a three-bedroom home, a three-stand shearing shed, steel sheep and cattle yards, sheds and 320 tonnes of grain storage.

The infrastructure on Tickatoo includes a machinery shed and 940t of grain storage.

Glenmuir and Tickatoo are being offered for sale by expressions of interest as a whole or as separate assets closing on September 7.

Oaklea, NSW

After 53 years ownership, the McWilliam family is selling its broadacre cultivation country in the Golden Triangle of northern NSW.

The 1870ha Oaklea is situated near Tulloona, halfway between North Star and and Croppa Creek, 60km south of Goondiwindi and 75km north of Moree.

The level to gently sloping, brigalow belah country has soft reddish loams and heavier black self-mulching soils that grow both winter and summer cereal crops.

Around 1775ha or 92 percent of Oaklea is planted to cereal, oilseed, pulses and dryland cotton in rotation.

The property benefits from 5km of Croppa Creek frontage, a bore, nine dams and a 6.5ML water licence.

Oaklea forms part of the Currumbah capped and piped bore scheme that is accessed by seven adjoining properties.

Structural improvements include two homes, steel cattle yards, 10 silos with 1310 tonnes of grain storage and a machinery shed that provides an extra 2500t of grain storage.

Agent Tim Gleeson from Ray White Goondiwindi is handling the expressions of interest campaign closing on August 24.

Glendale, NSW

An aggregation of four adjoining farms held by the Drenkhahn family for 130 years will be auctioned by Nutrien Harcourts on September 7.

The 3115ha Glendale is a farming and grazing operation near Trundle, in central western NSW.

It comprises the 1214ha Glendale, 837ha Kilmarnoch, 738ha Cardungle and 327ha Moira.

Situated in a 500-525mm rainfall area, most of the country (around 2500ha) is arable and has well-drained red loams with some heavier red clay loams growing wheat, barley, canola and lupins.

Around 800ha of established lucerne pastures are currently feeding 2000 ewes and lambs but previously, the aggregation has run up to 6000 sheep.

Water on Glendale is supplied by 49 dams and the Kadungle Creek.

The infrastructure includes two homes, two woolsheds, two steel sheep yards, one of which can hold 2000 head, a grain shed and 20 silos with 1200t of storage.

The sale, which includes more than 1160ha of canola, lupins, wheat and barley, is being handled by Ainslie Toole and Matt Coady of Nutrien Harcourts Forbes.

Castle Hill Aggregation, NSW

More than $18 million is anticipated for a premium livestock and cropping portfolio being offloaded by NSW stud Merino breeders the Phillips family.

The 1758ha Castle Hill Aggregation is located near Baldry, 44km from Parkes and 84km from Orange in the state’s central-west.

The family aggregated the three holdings, 700ha Castle Hill, 408ha Mountain View and 649ha Fairy Mount, back in 2001.

Combined, the property is capable of running between 15,000 and 16,000DSE, however it is currently stocked with 4000 ewes and 250 cows.

Steve, Liz, Sam and Georgia Phillips operate a large-scale grazing enterprise across a number of holdings in the Harden, Yass, Monaro and Gundagai districts, including the highly regarded Yarrawonga Merino Stud.

They are now selling after recently purchasing the 893ha Argyle, situated near Galong, which is closer to the family’s home base at Harden.

Castle Hill in the Baldry district of central NSW is being sold by the Phillips family, stud Merino breeders based at Harden on the south-west slopes of NSW. Photo: LAWD

Vendor Steve Phillips said Castle Hill is a standout operation.

“It boasts a reliable 650mm annual rainfall throughout the year and has strong red soils with around 80 to 90 percent arable. So, you can do pretty much anything with it.”

Mr Phillips said there is also potential to further increase productivity with greater fertiliser use or the development of grazing land to farming.

“A moderate elevation of 440m above sea level provides an excellent climatic base for winter crop and improved-pasture production.”

During the past 22 years, the family has installed extensive fencing, renewed sheepyards and cropped wheat, oats and canola.

Water is supplied from several bores, supported by dams and the Rocky Ponds Creek.

An extensive Landcare tree planting program in the 1990s has enhanced the landscape and provides protection for livestock.

Today, the property has 300 tonnes of grain storage, two homes, two shearing sheds and sheep yards, cattle yards, bull sheds and hay and machinery storage facilities.

LAWD senior director Col Medway expects the variety of operational options offered by the aggregation will attract widespread interest.

“This is a blue-ribbon property in a very safe district with the potential to either expand the cropping area or maintain the current focus on livestock production with supplementary fodder crops.”

“The aggregation also benefits from extensive road frontage providing opportunities for buyers to purchase the property in smaller parcels or as a whole.

The Phillips’ long-term manager is available to remain in place, providing the option for a seamless transition to new ownership.

Castle Hill is being offered for sale by expressions of interest closing on August 31.

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