Outstanding rural property portfolios up for grabs

Recent stories

A portfolio of three well located mixed farms near Narrandera offers potential buyers economies of scale and operating efficiencies. Rockvale, The Station and Clifton are located on the Newell Highway, 10km north of Narrandera.

The well known Charles family owns The Station and the nearby Rockvale, neighbours Clifton, which is being offered for sale by the Burden family.

McGrath Riverina agent Craig Pellow is offering a $2800/ac to $3200/ac price guide for the aggregation, which he describes as ‘value for money’.

“Country around Temora, Cootamundra and Young is selling for $4000/ac to $6000/ac and in Wallendbeen it is making $10,000/ac.

“Eight years out of 10, Narrandera will harvest close to 100 percent of the grain produced at Temora.

“The three properties are situated on the Newell Highway and offer access north to Brisbane, south to Melbourne and east to Sydney, as well as nearby grain-receival sites,” he said.

Mr Pellow said the Narrandera Aggregation boasts good yellow box, pine, and kurrajong country in a 457mm rainfall region.

“The arable country has expansive open runs (around 2km to 3km) that offer economies of scale and operating efficiencies attractive to large family farm operators and/or corporates.”

Narrandera property Rockvale is suited to mixed farming or continuous cropping.

The 1198ha Rockvale is located near Narrandera and suited to mixed farming or cropping.

The productive and versatile holding has slightly undulating paddocks, fertile soils, and a well-planned layout.

Infrastructure includes a four-bedroom home, a five-stand shearing shed, sheep yards, four silos, and a shed.

Rockvale also benefits from an established quarry operation currently leased to Mawsons & Sons, providing secure ongoing income through rent and royalties.

The 946ha Clifton is located 5km east of Narrandera and has a history of livestock production and cropping.

Mr Pellow said currently operating as a grazing enterprise, Clifton’s fertile soils and strong cropping history highlight its potential for expansion into cropping.

Reliable water is supplied to the property by dams and a mains connection.

Infrastructure includes a four-stand shearing shed, sheep and cattle yards, numerous sheds and five silos.

Spanning 617ha, The Station is also suited to cropping or mixed farming and boasts Bundidgerry Creek frontage.

Rockvale, Clifton and The Station are being sold by expressions of interest.

More than $65 million is anticipated for a first-class broadacre cropping opportunity and pistachio orchard Noongaburra in the Riverina region.

The 5814ha Noongaburra is a contiguous landholding on the northern side of the Murrumbidgee River, 12km west of Hay and halfway between Darlington Point and Deniliquin.

It was purchased in 2015 by Dutch national Ron Meijer and is managed by Customised Farm Management (CFM), an Australian-owned and operated rural asset management company.

During the 10-year investment, 3054ha has been developed to irrigation and 325ha to dryland cropping, with a 181ha pistachio orchard and the balance used for grazing.

Noongaburra current crops, with average yields, are cotton at 12.25 bales/ha, corn at 13.78t/ha, irrigated wheat at 7.23t/ha, dryland wheat at 2.16t/ha, and barley, canola and chickpeas at 1.74t/ha.

There is substantial on-farm water storage, with a combined capacity of 5511ML across three main storage locations, supported by 361mm of average annual rainfall.

Infrastructure includes three homes, numerous sheds, 5100t of silo storage, 12,100t of grain bunker storage, and an 80t weighbridge.

Noongaburra is for sale by expressions of interest closing April 10.

Narrandera Argus 13 March 2025

This article appeared in Narrandera Argus, 13 March 2025.

, , , ,

KEEP IN TOUCH

Sign up for updates from Australian Rural & Regional News

Manage your subscription

We don’t spam! Read our privacy policy for more info.

For all the news from the Narrandera Argus, go to https://www.narranderaargus.com.au/