55,400 HA or 137,000 Acre Aggregation – First time on the Market in Sixty Years
A serious rural property investment opportunity is currently on offer for private sale in Australia’s foremost cattle breeding and grazing area, located within two hours travel time north- west of Rockhampton, judged to be the nation’s beef capital.
This aggregation comprises 55,400 hectares or 137,000 acres of freehold and rolling leasehold.
The offer for private sale is being conducted by the Rockhampton office of Ruralco Property/SBB Real Estate.
The property is located in the Livingstone Shire local government area that takes in a large portion of Capricornia centred around Rockhampton.
With an expectation of a market value in the region of $70 million, this aggregation is sure to attract interest from Australia’s major agribusiness corporates, institutional investors seeking a key opportunity for participation in the beef cattle sector, from high net worth private farmers and overseas investors.
The aggregation is offered for the first time in sixty years on behalf of long standing family owners.
These holdings have an extensive breeding history over sixty years and average an annual calving rate of approximately eighty percent.
Only about two hours by road from Rockhampton the holding has a double frontage to a bitumen road which parallels the Bruce Highway running north.
Ruralco Property’s Rockhampton selling agent Bill Hamilton says that the aggregation comprises renowned soft breeding and fattening country in a prime location.
“Nothing of this scale or quality has come to the market for many years and the aggregation includes numerous outstanding and appealing features” Hamilton says.
Key features include access to good local communities, infrastructure and services within easy reach especially to Rockhampton, a regional city with a population of 81,000, considered to be the Beef capital of Australia.
Rocky is known for its “Beef Week” held in May every three years.
With regular cattle sales, the largest stud cattle selling centre and two of Australia’s major beef processors Teys and JBS both having large abattoir facilities locally, cementing Rockhampton’s Beef Capital title.
“Physically this aggregation offers the almost perfect balance of breeding, backgrounding and fattening country” Bill Hamilton says
“This country on offer has the ability to produce grass fed bullocks all year round.
“The balance is perfect backgrounding for the existing on-property feed lot currently of 999 head capacity.
“The successful purchaser will have the option of an operating mix of grass fed and backgrounding, or all grass fed ox beef, or all grass fed backgrounding”.
Mr Hamilton says that the Brigalow and scrub country totals about 33,000 acres with approximately 4,000 acres that is currently cropped, or can be cropped, to support the feedlot activities.
Water reliability is another feature, with frontage to the McKenzie River that offers irrigation potential with the access of available irrigation rights.
The existing on property water resources are also significant and include about 130 serviceable dams, three bores that are equipped with mains power, numerous other equipped bores with solar powered pumps or windmills, plus numerous semi-permanent water holes in the creek systems that cross the holding.
The district annual rainfall that principally occurs in summer is in the 28 to 30 inches bracket.
There is also a significant component of fencing judged to be in good to fair condition with laneway systems that lead to one of the eight major sets of yards, most of which meet current industry demands and the main yards being equipped with a hydraulic cattle crush.
Building improvements include the main homestead, supported by three other houses that are ideal for staff accommodation, plus four sets of quarters, with a helicopter hangar, plus numerous shedding and storage facilities.
The property is offered for sale inclusive of some twenty four major plant and equipment items including bulldozers, farm machinery, trucks, tractors and trailers with an inventory listing available on request.
The existing 999 head EU accredited feedlot is currently in use with associated services of grain silos, bunkers and hay storages.
The pastures include Green Panic, Buffel grass varieties, Butterfly Pea on the scrub soils with improved grasses, soft native pastures plus legumes that have been introduced in the forest country.
Ruralco Property selling agent Bill Hamilton adds that the property has an estimated current carrying capacity of 5,000 fatteners, 8,000 breeders and 2,000 replacement females.
“A property of this unique type and scale within easy reach of Rockhampton is extremely hard to find and in consequence I expect it to be keenly sought by key cattle industry interests.
“With so much of the basic infrastructure already in place, the existing waters and pastures and landforms are indicative of the significant further development potential and the returns that would accrue to the successful purchaser”.
An Information Memorandum and appointments to inspect can be arranged with Ruralco Property SBB Real Estate, Rockhampton via initial enquiries to agent Bill Hamilton on office landline 07 4927 1677, Bill’s mobile 0408 884 895 or Damien Freney mobile 0429 391 152.