Nelson Yap, Australian Property Journal

146 POSTS

CleanCo puts wind in Western Downs sails

CleanCo Queensland has signed on to take power from the Dulacca Renewable Energy Project, bringing 150 new jobs to the Western Downs. The publicly-owned renewable energy company has signed the agreement to take power from the Octopus Australia-owned Dulacca Wind Farm, which will see up to 180 megawatts of renewable energy generated.

Decarbonisation delivers profitable future for farmers

Natural capital is set to be the path forward for the income and security of NSW farmers and for conservation of the environment, as the agricultural industry aims to reach its $30 billion by 2030 target, says the state's minister for energy and environment Matt Kean. As investors around the world and markets move towards decarbonisation as standard practice, NSW is looking to ensure more capital is invested outside its city centres.

Avenel Station offer diverse revenue sources

New South Wales western crown land lease Avenel Station is expecting interest north of $20 million from buyers looking for expansion, as well as those with funds for carbon credit projects. Located 150 kilometres north of Broken Hill, Avenel Station spans 121,810 hectares and comprises Avenel, Mt Westwood, Joulnie and Teilt.

Family buys Belvedere

Grazing and cropping property Belvedere has sold for close to $4 million to a family of landholders from the Southern Riverina. Located 86 kilometres north east of Brewarrina and 95 kilometres north west of Walgett, the 6,841 hectare property is suited for fattening sheep, cattle and goats. It has open and flat Mitchell grass country with alluvial grey self-mulching soils and seasonal river flows that produce beneficial flooding. Belvedere features 17 kilometres of Narran River frontage and an artesian bore.

Mount Manning aggregation sold

Stephen and Claire Schmitt from Southern Downs have paid $3.6 million bare for the fully operational  Mount Manning  grazing aggregation. Located 25 kilometres north of Warwick and 136 kilometres south west of Brisbane, the aggregation comprises the 426-hectare Mount Manning and the 362-hectare Mullins Block.

Angus Seekamp buys in Broken Hill

The 33,789-hectare land lease of Wendi Station, in the far west of New South Wales, has been bought by Angus Seekamp from close by Woolcunda Station for $6.05 million. Situated 20 kilometres from the Silver City Highway and 100 kilometres south of Broken Hill, Wendi Station is suited to both cattle and sheep and has been owned by Mark and Chris Eglinton for 40 years, who will now retire.

Roc goes with the flow of Murray River

Sydney-based private equity firm Roc Partners has bought a majority stake in the Murray River Land business, giving it control of more than 60 farms either side of the river. Mostly former dairy farms, the northern Victoria and southern New South Wales properties span a combined 10,000 hectares between Numurkah and Tocumwal.

Queensland Government buys Bramwell Station

The Queensland Government’s Department of Environment and Science has snapped up Australia’s northernmost pastoral property, Bramwell Station, for about $11.5 million after auction.

Maranoa sale sets new record

A scenic 435-hectare property in the Maranoa region has been picked up by an expanding local family for $2.18 million, setting a new district record for a bare block at $5,011 per hectare.

Manning family sell SA pastoral after 86 years

The Manning family has brought to a close 86 years of ownership of Mahanewo, selling the 119,000 hectare station in South Australia’s far north for close to $4.5 million. A farming family from the mid-north of the state bought the prime pastoral country on a walk-in, walk-out basis including 4,596 merino ewes, rams and plant, after two years of looking to diversify into grazing.