Chinese investors list western Victorian sheep farm for sale

Foreign owners are selling their renowned 2140ha farm in the Wimmera, where it is priced at more than $20 million. See the details.

Xinyuan Industrial (Australia) Pty Ltd, a subsidiary of Chinese investors, is selling the 2143ha Llanthro, at Apsley.

More than 2000ha of grazing farmland in the far west of Victoria has hit the market, listed for sale by its Chinese owners.

Xinyuan Industrial (Australia) Pty Ltd, a subsidiary of Chinese investors, is selling the 2143ha Llanthro property, the home of a livestock enterprise in the West Wimmera, 6km north of Apsley.

Offers worth more than $20 million are expected for Llanthro, or the equivalent of about $9333 a hectare.

Owned by Xinyuan Industrial (Australia) for a decade, Llanthro has undergone significant improvements to enhance its production capabilities, now rated with a winter carrying capacity of 20,000 dry sheep equivalent, which increases to 30,000 dry sheep equivalent in spring, making it one of the premier grazing properties in the region.

Llanthro was formerly owned by veteran Border district sheep farmer Tom Porter and family, who dispersed his renowned sheep flock following the sale of the property 10 years ago.

CBRE Agribusiness selling agents Shane McIntyre, Matt Childs and James Auty are handling the sale of Llanthro, describing the farm as an outstanding opportunity for investors seeking a highly productive and well-established agricultural enterprise.

“Ideally located in the highly respected Apsley district, Llanthro is a proven prime lamb

and fine wool enterprise, very well managed with every consideration given to animal

welfare, growth performance, and fine wool yields,” Mr Childs said.

“Llanthro has undergone significant improvement over the past decade with extensive

pasture development, a comprehensive fencing and laneway system, water reticulation

from three bores, and the planting of select native tree species, creating an ideal

breeding and wool-growing environment,” Mr McIntyre said.

The property also offers a renovated four-bedroom homestead.

Meanwhile, about 65km south of Llanthro a three-farm aggregation is for sale where it could be worth more than $15 million as a whole.

The cornerstone of the 1523ha Chetwynd South Aggregation are the 984ha Chetwynd South and 386ha Bronton farms, which form 1370ha of fattening and breeding country, located 36km south of Edenhope.

Each of Chetwynd South and Bronton are for sale via separate vendors, while a local landholder is also offering the 153ha, 15 Woodacres Rd property, with the Chetwynd South Aggregation for sale as a whole or as three non-contingent assets.

The three-farm 1523ha Chetwynd South Aggregation, at Chetwynd, is for sale.

Elders Real Estate and Charles Stewart Real Estate are handling the sale of the aggregation, with Elders state real estate manager Victoria-Riverina Nick Myer describing the properties as suitable for a range of agricultural endeavours including prime lamb, wool, cattle, forestry and, or carbon pursuits.

In recent seasons the Chetwynd South and Bronton properties have been run in conjunction producing prime lamb and wool carrying a flock of 5000 composite ewes plus replacements, as well as some trading cattle.

Offers for the Chetwynd South and Bronton portions are expected to range from $10,378 to $11,119 a hectare, while Woodacres Rd is expected to be worth $7907 to $8648 a hectare.

Originally published as Chinese investors list western Victorian sheep farm for sale