THIS week’s property review includes this wrap-up of interesting recent listings and re-listings across Queensland, and separate articles on properties sold, plus others for sale or re-listed in New South Wales and Victoria.

• 63,000ha on offer in central western Qld
• $100m sought for SLM Portfolio in Qld/NSW
• CQ cattle country heads to auction
• Historic Yuleba property sells after 50+ years
• Yaraka’s standout Bellevue lists for $14.3m
• SW Qld’s Northam lists for $8m+
• Auction cancelled. Roma’s Glencoe heads to EOI

Yards on Baratria near Longreach

63,000ha on offer in central western Qld

MORE than 63,000ha of breeding, backgrounding and finishing country suited to cattle and sheep is being offered across three adjoining properties in central-western Queensland.

Last month, Alan and Jane Foot from Clermont listed the adjoining 11,753ha Kellys Creek and the 10,265ha Pauralos Park, with the neighbouring Cloncurry-based Saunders family now deciding to offload Baratria Station after three years of ownership.

Offered with a $1000/ha ($400/ac) price guide, the combined holdings could achieve above $60 million.

The 41,082ha Baratria Station is in a tick free area, 65km east of Winton and 115km west of Longreach – centrally located to northern, central, western and southern markets including live export, meatworks and feedlots.

Until 2022, it formed part of the larger Baratria Aggregation (comprising the adjoining Baratria, Hartree and Clyde) which spanned 77,747ha.

After 30 years of ownership, the Teys family offered the aggregation for sale, with the asset ultimately divided and sold to three separate family-owned pastoral businesses.

In a region that typically records between 411mm and 435mm of annual average rainfall, Baratria has received more than 400mm of solid soaking rain over the last four months.

After experiencing an excellent season, it is presenting with abundant finishing quality feed, including Mitchell, Flinders and buffel, as well as seasonal herbages and summer grasses.

Land types range from open downs with dark pebbly and fertile red soils to semi open sweet pebbly country and flood out claypans adjacent to the waterways. There are also small areas of timber and escarpments.

The vendors estimate Baratria can run between 5000AE and 6000AE depending on the season. Currently, the property is conservatively stocked with more than 3200 mixed cattle plus followers up to weaning age.

Nutrien Harcourts David Woodhouse described Baratria as an ideal standalone or expansion opportunity.

“With frontage to the Landsborough Highway frontage, the property could also be used as a depot for sale cattle.”

Mr Woodhouse noted growing interest is coming from farmers following recent successful sorghum trials in the area.

“In a 406mm (16 inch) rainfall region, as little as 180-200mm is sufficient to achieve a full soil profile to plant a sorghum crop, providing flexibility alongside traditional grazing enterprises across varying seasons.”

Mr Woodhouse said Baratria has attracted more genuine, quality interest than any campaign he has managed in the last three years.

“While inspections are well advanced, some buyers remain cautious due to the fuel crisis and its impact on operating costs with producers seeking greater certainty before committing to a property purchase,” he said.

“Interest is being driven by large family operators and corporate buyers from South Australia, New South Wales, Queensland and the Northern Territory seeking grazing and cropping potential,” Mr Woodhouse said.

In recent years, Baratria has benefited from an extensive and targeted capital works program focussing on water security, distribution and fencing. This work is ongoing and when completed, will further improve production.

Water is supplied by a bore, 14 dams, six turkey nests, 16 storage tanks, more than 50 troughs and countless seasonal and semi-permanent holes in the extensive system of traversing waterways.

Infrastructure includes a homestead complex, two cattle yards and numerous sheds. The western boundary is fully exclusion fenced.

Baratria is being offered bare of livestock but with an extensive list of plant and equipment.

Pauralos Park and Kellys Creek

The EU accredited Pauralos Park and the neighbouring Kellys Creek were previously run as Dorper/Australian White breeding enterprises. Offered with a combined carrying capacity of 18,500DSE or 2700AE in an average season, it is currently running 2500 mixed cattle and 1000 Australian White sheep.

$100m for SLM Portfolio in Qld/NSW

An institutional grade grazing portfolio spanning south-west Queensland and north-west New South Wales has returned to the market with predictions it could achieve around $100 million.

The SLM (Sustainable Land Management) Pastoral Portfolio comprises 205,626ha across four holdings in the salad bowl region.

It includes the 47,901ha Willacora, 43,712ha Amenda, 43,135ha Padua Park and 70,877ha Eureka – all within a 100km radius of Cunnamulla and Bourke.

The 80,000ha Garrawin was removed from aggregation following an unsuccessful expressions of interest campaign in February last year.

Offered with an estimated carrying capacity of 12,170 Adult Equivalents, the sale includes 10,500 cattle with LAWD and Nutrien Harcourts Bourke reappointed as joint selling agents.

While they were unable to give a price guide, the agents said the portfolio presented a compelling acquisition opportunity for those seeking a fully developed regenerative grazing portfolio with an established carbon project.

The 70,877ha Eureka has an established carbon project forecast to generate significant Australian Carbon Credit Units (ACCUs) between 2026 and 2031 under the avoided deforestation protocol.

SLM Partners was established in London in 2009 and completed a joint venture with Australian management partners a year later to develop a beef cattle strategy. The $75m SLM Livestock Fund was launched in 2012, facilitating the acquisition of the Australian assets now being offered for sale.

During its ownership, SLM has developed the portfolio into a grassfed beef breeding and trading enterprise underpinned by regenerative principles. The strategy has focused on improving landscape condition while breeding functional, low‑input, fertile and commercially viable cattle.

LAWD senior director Danny Thomas is anticipating interest from domestic and global institutional investors, corporates and large family enterprises looking to expand their livestock operations.

“The current portfolio is an extraordinary asset as it stands, following the significant capital investment made by the vendors. However, there remains scope for a new owner to further grow the enterprise by stocking at higher rates and accessing higher-value, regenerative grass-fed market channels.”

“The vendor recognises the scale of the portfolio and is willing to split the aggregations to meet market demand. Each has its own experienced management and operational team in place, making this an outstanding turnkey offering,” Mr Thomas said.

Over 13 years, the portfolio has undergone extensive capital development to implement a regenerative cell grazing system designed to optimise production capacity while delivering independently verified positive impacts on biodiversity and land condition.

The portfolio comprises a range of productive soil types and topographies supported by summer-dominant annual rainfall of 370mm.

Artesian groundwater bores feed multiple watering points via an extensive underground polyethylene pipe network.

Further water security provided by frontages to several creeks and watercourses allowing the aggregations to benefit from low level flooding.

Custom designed cattle yards were installed across all properties between 2013 and 2015, with further improvements including shade installations, water points and hydraulic cattle crushes to assist with the safe handling of large numbers of animals.

Significant capital has been invested in fencing, including extensive internal and external exclusion fencing, to support cell grazing and mitigate risks posed by feral animals and pests.

The properties are supported by high-quality and often new infrastructure, including workshops, storage and machinery sheds and two aircraft hangars situated at Padua Park.

A variety of accommodation is located across the aggregations, including several large homesteads, cottages and a range of workers’ quarters.

The SLM Pastoral Portfolio is being offered in one line or as any combination of individual aggregations by expression of interest closing on May 7.

Cattle on the SLM Pastoral Portfolio

CQ cattle country heads to auction

Versatile breeding, backgrounding and finishing country in Central Queensland’s Highlands is being offered for sale by Jeff and Sarah Cook.

The 4860ha Etonvale Bagpipe Aggregation is located 25km south of Clermont and 120km from Emerald.

RBV agent Matt Beard reports solid inquiry from within a 200km radius of the property and from southern Queensland producers.

“Following a remarkable summer with over 600mm of rain to date, the property is carrying significant feed, allowing new owners to capitalise on immediate production potential.”

“Meticulous planning ensures each block operates independently without the need for shared infrastructure, water or access,” Mr Beard explained.

The country is mostly ironbark, bloodwood and box with black tea tree gullies on some of the blocks, and areas of brigalow, blackbutt and belah.

The aggregation is growing abundant stands of buffel, forest Mitchell, seca, wincassia, kangaroo paw, spear seca and other native pastures capable of running 1380 Adult Equivalents or 1050 breeders.

Situated in a 601mm average rainfall region, the aggregation is watered by eight bores, several wells and nine dams.

The Etonvale Bagpipe Aggregation is being offered for sale via online auction starting on May 5.

It can be purchased as a whole or as six individual lots. They comprise the adjoining:

• 749ha Beulah – 200AE or 150 breeders, a bore and a well
• 763ha Etonvale Homestead – 220AE or 170 breeders, a well, a bore and two dams, a four-bedroom home, cattle yards and numerous sheds
• 987ha Orange Tree – 240AE or 180 breeders, a well, a bore and two dams
• 799ha Tralee – 220AE or 170 breeders, a bore and two dams
• 1057ha Sandies – 340AE or 260 breeders, two bores, two dams and a seasonal waterhole;
• And the nearby 502ha Bagpipe – 160AE or 120 breeders, two bores, a dam, cattle yards and a shed.

Click this link to access video clip.

Country on Etonvale

Historic Yuleba property to sell after 50+ years

The Allwood family is seeking expressions of interest for Gaemond in south-west Queensland’s Maranoa region after more than 50 years of ownership.

Originally named Pleasant Fields by Mrs “Biddy” Allwood’s grandparents, the property used to run the horses for Cobb & Co and was the last changing station before Yuleba.

The 2037ha backgrounding property offers low input management and is located 10km south of Yuleba and 70km east of Roma.

Over the past month, Gaemond has received around 150mm of rain, with Ray White Rural agent Rob Wildermuth anticipating inquiry from locals and western buyers looking for a cattle depot.

The country types range from heavy black soil with bottle trees to areas of brigalow, reddish belah, kurrajong and wilga, along with lighter ironbark. It is grassed with buffel and native pastures that can typically run around 300 breeders.

Positioned at the top of a watershed, Gaemond is watered by 11 dams and several watercourses, supported by 596mm of average annual rainfall.

In addition to its grazing capability, Mr Wildermuth said the property offers alternative income streams from three registered gravel pits and three potential gas wells.

Infrastructure includes a four-bedroom home, steel cattle yards, numerous sheds and mostly new fencing.

Expressions of interest for Gaemond close on April 30.

Positioned at the top of a watershed, Gaemond is watered by 11 dams and several watercourses, supported by 596mm of average annual rainfall.

Yaraka’s standout Bellevue lists for $14.3m

One of the standout properties in central western Queensland’s Yaraka district has been listed for sale for $14.3 million ($496/ha).

The 28,836ha Bellevue is located near Yaraka, 97km from Isisford and 160km south-west of Blackall. It currently breeds and backgrounds cattle but is equally suited to sheep or goats.

The property is being offered to the market by the Penfold family as part of an asset consolidation. Bellevue is around nine hours from the Penfold’s other properties – Old Bombine and Mamaree near Meandarra and Woodlawn near Talwood – where they breed, raise and trade cattle.

Nutrien Harcourts GDL agents Tony Lilburne and Andrew McCallum said Bellevue is widely regarded as one of the best properties in the district.

“Renowned for its good balance of country, Bellevue is a low-cost, low-stress operation featuring sweet pebbly country with chocolate soils. Benefitting from a good season, it is growing a smorgasbord of browse capable of running up to 1200 cows and calves or up to 1500 backgrounders.

It is grassed with Mitchell, buffel, button, gidgee, pigweed and lambs tongue, as well as seasonal herbages and salines.

Water is supplied by 21 dams, a bore, creeks and seasonal channels.

Infrastructure includes an eight-bedroom quarters, a shearing shed, numerous sheds and three cattle yards. More than 6000ha is behind an exclusion fence, with a percentage of fencing renewed over the last seven years.

Cattle pictured on Bellevue last July, before the recent big wet

SW Qld’s Northam lists for $8m+

A productive and versatile grazing enterprise in south-west Queensland that failed to sell by expressions of interest has returned to the market for offers above $8 million.

Owned by the Baker family for 15 years, the 18,373ha Northam is located 10km south of Wyandra and 96km north of Cunnamulla.

Nutrien Harcourts GDL agents David Benham and Rick Benham said the breeding and backgrounding country for sheep, cattle and goats has been exceptionally well managed and developed.

“The fencing on the mostly exclusion fenced property is new or has been replaced in recent years and can run 1000 Dorpers and 7000 goats or 800 breeders.”

The western country is open heavy black soil downs, well grassed with Mitchell, and areas of open red loams supporting strong buffel pasture. The floodout country (from the Warrego River) is carrying heavy Mitchell and buffel pastures and highly productive winter herbages.

The eastern country is more diverse with a mix of low mulga (providing valuable drought security) and semi-open soft red box pine and sandalwood country, with areas of gidgee box. This is suitable for buffel establishment, but is currently growing mulga Mitchell, mulga oats, neverfail and other native grasses and herbages.

Northam is watered by two flowing bores, a bore drain supplied from the Wyandra flowing bore, two shared bores from neighbouring properties (Claverton and Clovelly) on the southern boundary and a substantial natural lake on the eastern boundary (around 200ha when full).

Infrastructure includes a three-bedroom home, a one-bedroom quarters, a three-bedroom shearers’ quarters, a five-stand shearing shed, steel sheep, goat and cattle yards and a shed.

Cattle on Northam

Auction cancelled. Roma’s Glencoe heads to EOI

The auction of Glencoe, south of Roma, has been cancelled following significant rainfall across south-west Queensland’s Maranoa region.

Nutrien Harcourts agent Darryl Langton said two recent rain events forced the cancellation of the auction, which had been scheduled for March 26, after the 2106ha property received more than 150mm.

Located 26km south of Roma, Glencoe has bitumen frontage to the Carnarvon Highway.

Mr Langton said the rain, combined with recent flows in Bungil and Blyth creeks, also led to the temporary suspension of property inspections, which resumed last week.

“The grass looks an absolute picture. The rain has allowed the planting of 140ha of oats, while 115ha of previously planted forage sorghum is now in full production.”

Described as well-developed finishing country with strong fodder cropping potential, Glencoe will now be offered for sale by expressions of interest closing on April 17.