THIS week’s property review includes this wrap-up of interesting recent listings across Queensland, and separate articles on listings in New South Wales and a summary of recently completed sales.
- FNQ irrigated farming & fodder factory
- CQ beef production & irrigation farming enterprise
- Good inquiry for diverse Darling Downs block
Irrigation potential is a feature on Red Bend, south of Atherton
FNQ irrigated farming & fodder factory
A far north Queensland irrigated farming and fodder factory opportunity with Herbert River frontage is expected to raise more than $35 million on a walk-in walk-out basis including plant and equipment.
The 2711ha Red Bend Farming is located on the Atherton Tablelands, 5km from Innot Hot Springs and 54km south-west of Atherton, in a 1046mm rainfall region.
For the past 25 years it has been owned and operated by Nick and Morgan Reynolds and Terry and Trina Tranter who have decided to dissolve the partnership.
CBRE Agribusiness and Viem Ventures have been appointed to handle the expressions of interest campaign closing on November 20.
Agents John Harrison and Andrew Loughnan expect the opportunity will appeal to a mix of family offices, corporate and institutional investors.
“The significant water portfolio and high-quality irrigation infrastructure provides the opportunity for investors to unlock further potential via the development of high value permanent tree crops or supply premium fodder to Gulf Savannah beef operators,” the pair said
The grazing country supports around 1000 head of cattle, with numbers significantly increased by irrigated fodder production.
The arable land, around 750ha, comprises level alluvial and rich volcanic soils with red loams and some areas of yellow duplex soils.
Mixed grains, cotton, hay, legumes, lucerne and pulses are grown under 610ha of centre pivot irrigation.
Benefited by the largest allocation within the Herbert River catchment, 12,519ML of water is directly sourced from the Herbert River, supported by 13 unregulated bores – nine of which are equipped and supplying around 4000ML per annum.
Infrastructure includes seven dwellings, numerous sheds, cattle yards and a grain complex with three 125-tonne conical silos, a grain dryer, a 50-tonne drive-over unloading grain pit with continuous flow grain dryer and a 75-tonne overhead loading silo.
CQ beef production & irrigation farming enterprise
The Wagner family is selling its integrated beef production and irrigation farming enterprise on the Dawson River in Central Queensland.
The 1076ha Acacia (including an 89ha special lease) is located 15km south of Theodore and 180km from Rockhampton.
It consists of 204ha of flood irrigation (currently planted to sorghum but has historically grown cotton), 216ha of irrigated leucaena, 161ha of dryland leucaena and 427ha of improved pastures for grazing.
According to selling agent JLL Agribusiness, Acacia boasts impressive cotton production.
“It has had two exceptional growing years in a row, with 2024 averaging 14.18 bales per hectare and 13.99 bales per hectare in 2025.”
JLL said if the property was entirely used for grazing, it could support up to 1500 Adult Equivalents.
By district standards, Acacia is benefited by substantial water licences which underpin irrigation areas and ensure consistent annual production. In total, there are 1699ML of high flow allocation, as well as 2263ML per annum from three unregulated bores.
JLL Agribusiness director Geoff Warriner said Acacia was an extensively developed operation.
“As demand grows for properties with reliable water access, it offers investors either a turnkey standalone business or strategic integration opportunity for existing supply chains, delivering valuable protection against seasonal volatility.”
Mr Warriner said the property’s water security provided a significant competitive advantage.
“Substantial water allocations, well above district averages, ensure consistent production capacity regardless of seasonal variations.”
Infrastructure includes a four-bedroom home, a two-bedroom quarters, cattle yards, three feed pens, two sheds, two silos with 132-tonnes of capacity and two 1200-tonne silage pits.
Acacia will be auctioned on November 20, if not sold prior.
The 1076ha Acacia is located 15km south of Theodore and 180km north-east of Rockhampton.
Good inquiry for diverse Darling Downs block
A cropping, grazing and fodder opportunity being offered for sale on Queensland’s Darling Downs is attracting local inquiry, as well as from producers from across the state and New South Wales.
The 1335ha Attunga, Brumby and Glenrowan are three adjoining holdings in the Ranges Bridge district, 30km west of Dalby and 115km west of Toowoomba in the Western Downs region.
Across the aggregation there is 918ha of dryland cultivation growing wheat and barley (not included in the sale) and 417ha of grazing.
The country comprises slightly undulating black and grey cracking clays with bleached sands or loams over brown or black clays, timbered with poplar box and Queensland blue gum running into belah.
Offered as a whole or as three separate assets, it comprises:
- 504ha Attunga – 425ha of cultivation and 79ha of grazing
- 585ha Brumby – 313ha of cultivation and 272ha of grazing
- 245ha Glenrowan – 180ha of cultivation and 65ha of grazing
They are watered by four dams and the Wilkie Creek which runs through the property.
Infrastructure includes a five-bedroom home, a two-bedroom home, a one-bedroom donga, numerous sheds and 860-tonnes of grain silo storage.
In addition to cropping and grazing, the aggregation generates external income through gas well production.
The first stage of the two stage expressions of interest process closes on November 20. Eastern Rural agents Roger Lyne and Andrew Kirtley are handling the sale.