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Property Details

1 Gorrie Dry River Road, Katherine NT For Sale - Price Upon Application

  • Livestock
  • 143570 acres
ID: #11134442

Lakefield Station NT - 60 % polled herd

Lakefield has been held by the Riggs family for seventeen years, during which time the property has been transformed from a bare block to a highly productive grazing enterprise.
Located within the Sturt Plateau district south of Katherine, Lakefield is centrally located within the Northern Territory's Top End district, featuring a mix of quality soils overlaying plentiful water (Tindall and Jinduckin Aquifers) and is well located to receive reliable wet season rainfall.
Introduced pasture species include: Perennial Legumes: Secca, Amiga, Verano and Wynn Cassia. Grasses: Sabi (Urochloa Mosambicensis), Panic, Rhodes, Gayndah Buffel and other varieties.
Lakefield is virtually weed free with an ongoing rigorous weed management program.
Lakefield has a Property Management Plan, Livestock Management Plan and Weed Management Plan. These living documents are continuously being reviewed to be in line with current Animal Welfare, Seasonal, Environmental, and Consumer demands. The owners have dealt with only one wild fire during 17 years of ownership.
Lakefield is fully Boundary fenced and linked by laneways, with 3 sets of all steel yards. The property is well designed and watered, enabling maximum pasture efficiency. The Homestead Yards doubles as the wet season trucking facility if required, although cattle are regularly delivered via the centrally located Kookaburra Yard during the wet season. The vendors advise that wet season conditions have not hampered trucking of sale cattle, ensuring access to premium livestock markets.
The herd of Brahman cattle is meticulously managed, producing high rates of fertility and weight for age. The herd is controlled with bulls introduced to the breeders during January and removed in May/June, resulting in calving into wet season conditions. Lakefield Station has been investing in polled Brahman genetics for the last 10 years. The herd is approximately 60% polled and is continually increasing, aimed at achieving a 100% polled herd (calves 76% polled at weaning 2016).
Lakefield features more than 150 identified bird Species, including the endangered Red Goshawk, Northern Shrike-tit, Gouldian Finch. Also there are other endangered animal species including the Spectacled Hare- Wallaby, Golden Bandicoot and Short-beaked Echidna. The owners are linked very closely to Landcare, of which Garry Riggs is a much sought after speaker on the topic of sustainable pastoral production. Lakefield has approximately 1,500 hectares within a self-managed government supported program, with 9 fully fenced riparian conservation sites, including Lake Duggan', the largest permanent lake on the Sturt Plateau. These reserves enhance environmental sustainability, wildlife conservation, water quality and welfare of stock, and therefore pastoral production outcomes for Lakefield Station.
Lakefield Station has achieved a National Landcare accolade, taking out the 2014 Australian Government Innovation in Sustainable Farm Practices Award'.
Lakefield is a quality grazing property which is extremely well improved and is offered on a walk in walk out basis, inclusive of approximately 8,000 head of cattle and a comprehensive list of plant and equipment. Financial statements show consistent annual returns for livestock sales of approximately 1,500 head.
Further carrying capacity could be achieved by the clearing of arable areas and introduction of suitable tropical pasture species. An independent assessment indicated that large areas of Lakefield are suited to the development of irrigated Leucaena Leucocephala (Leucaena).
The acquisition of Lakefield will suit those wishing to enter the market, expand existing holdings or act as a back-grounding venture. The hard work has been completed and Lakefield is ready to step into and continue on with. Inspection is recommended.


Property Location
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Agent Information

Andy Gray