The 3838ha Willawong at Murringo was aggregated by the late Dr Jane Wallace. Photo: LAWD

TWO expansive and high-end properties on the inner south-west slopes of New South Wales, Mylora at Binalong and Willawong at Murringo, are on the market.

Mylora

Offers of around $50 million are being sought for an iconic mixed farming property, close to Canberra, boasting an historic homestead.

The 3209ha Mylora is located 11km from Binalong and 31km from Yass on New South Wales’ Southern Tablelands.

Offered for the second time in its 170-year history, Mylora has long been recognised as one of the premier holdings in the district.

It neighbours the childhood home of Australian poet AB “Banjo” Paterson, who named his first published poem after the property.

Mylora at Binalong is running sheep and cattle and growing canola and dual-purpose crops. Photo: LAWD

The productive red granite soils, ameliorated with lime, agriash and fertiliser, are growing dual-purpose wheat and oats in rotation with canola.

Around 1410ha is running 7000 Merino ewes joined to Poll Dorset and White Suffolk terminal sires, 1500 Angus breeders and 1200 trade cattle in a Wagyu backgrounding program.

Owner Angus Graham, who has lived at and managed Mylora for the past 25 years, said the historic holding is experiencing an exceptional season.

LAWD agent Col Medway said the property will appeal to a range of buyers.

“It could be a country estate for a buyer looking to appoint a manager, an existing local operator seeking expansion or institutional investors in search of a standout Australian agricultural asset.”

Mylora sits at the junction of the permanent Illalong and Jugiong creeks and is also watered by three bores and more than 50 dams.

Mylora boasts an historic renovated six-bedroom circa 1850s homestead overlooking River Red Gums along the Jugiong Creek.

Improvements include a roller mill with 2660 tonnes of grain storage, a 960-head cattle drought lot, 10,000 head sheep/lamb feed yards, cattle and sheep yards, an eight-stand shearing shed and hay and machinery sheds.

Mylora is offered for sale by expression of interest.

Willawong

A diverse pool of buyers is anticipated to vie for a premium well-watered, mixed farm of scale within easy reach of Canberra and Sydney that is expected to achieve around $50M.

The 3838ha Willawong near Murringo was aggregated over 35 years by the late Dr Jane Wallace, a University of Sydney academic and passionate farmer from Camden.

Around 2888ha, or 84 percent, of the property has been sown to improved perennial grass and clover pastures, lucerne and winter crops including canola, wheat and barley, some of which is used for fodder.

The improved pastures can comfortably run 40,000DSE and are currently stocked with 1000 trade cattle, 4000 wethers and 9500 joined Merino and crossbred ewes and replacements, turning off trade and store lambs.

The balance of 372ha is native perennial grasses and clover pastures, with the remaining 577ha being remnant timber.

Willawong comes with a 168ML groundwater irrigation licence and is securely watered by five bores through a reticulated water system, as well as three creeks and 85 dams.

Improvements include six homes, sheep and cattle yards, three woolsheds, multiple machinery and hay sheds and silos.

LAWD agent Col Medway said rarely does a holding of this scale and versatility come up in such a tightly held grazing area.

“The successful purchaser will benefit from stepping into a well-improved, premium property complete with a circa 1850s homestead offering scenic views, local amenities and nearby saleyards.”

Willawong is being offered for sale by expressions of interest closing on October 19.