Farms worth almost $100 million combined for sale

Three premier farms across NSW and southern Queensland have been listed for sale where they could each command strong offers. See the latest.

The Miller family are selling Bowen Park, located at Trangie NSW in the state’s Macquarie Valley.

A mix of grazing, dryland and irrigated cropping farms across NSW and southern Queensland have been listed for sale where they could make almost $100 million combined.

More than $40 million is expected for a prime cotton, cereal cropping and grazing property, Bowen Park, in the NSW Macquarie Valley.

Owned by the Miller family for more than 70 years, brothers Anthony, Mark and Stephen have listed the 3250ha property for sale to dissolve a family partnership.

Meares & Associates principal Chris Meares is offering Bowen Park via online auction starting on May 1.

“The sale of Bowen Park represents one of the few major holdings in the Macquarie Valley region to be offered for sale in recent years,” Mr Meares said.

“Apart from its versatility, its size and scale it is well developed – being both highly productive and well managed farming and grazing country with excellent farm improvements, making it naturally a highly sought after asset.”

At least 95 per cent of the property is arable with 457ha of well laid out flood irrigation, growing mainly cotton and wheat rotation, while 972ha are used for dryland cropping.

The balance is currently conservatively rated to carry up to 330 breeding cows or 6000 sheep.

Water entitlements attached to the property include:

3888 ML of General Security Macquarie River entitlements.

296 ML of supplementary water

86 ML per year of FloodPlain Harvesting entitlements.

Elsewhere in NSW, the Scholz family has relisted the 1420ha Dunoon Aggregation, located close to Culcairn and Holbrook in the NSW Riverina.

The 1420ha Dunoon Aggregation is still on the market, offered as a whole and also three separate parcels.

When the property first hit the market last spring, offers of $18,532-plus a hectare were expected for the aggregation, meaning it could be worth more than $26.3 million in total.

Comprising three parcels known as Earlsridge (685.77ha), Dunoon (452.52ha) and Killara (282.36ha), the aggregation is being offered as a whole and in separate lots.

Nuffield scholar Murray Scholz and wife Emma have run the property, with ties to the Culcairn district dating back to 1919 when Murray’s great-grandfather bought the neighbouring farm.

The property currently has a crop rotation of wheat and canola with break crops of oats and vetch to accommodate the 2000 breeding ewes and a self-replacing 120 Shorthorn cow-and-calf operation.

Elders Real Estate Albury is handling the sale.

Meanwhile veteran grazier Sinclair Hill has listed his three-property aggregation of 40,236ha in southwest Queensland for sale, offering the final portion of what was once his 16-property portfolio.

89-year-old renowned grazier Sinclair Hill is selling the 40,236ha Boanbirra Aggregation.

The Boanbirra Aggregation, 55km southwest of Bollon, consists of Boanbirra, Fernlee and Donna Downs, developed from previously running 2000 breeder cows into a large Dorper prime lamb business.

A skilled horseman and renowned 10-goal polo player who schooled King Charles III in the finer points of the game, Mr Hill is well known for spending a lifetime purchasing and developing prime grazing properties.

His NSW properties, Berwicks at Willow Tree, and Terlings and Dundenoon near Moree, which are currently held by Mr Hill’s daughter Carina and husband Ed Shannon.

The Boanbirra Aggregation has been used for both cow breeding and Dorper prime lamb production.

Mr Hill’s Queensland holdings comprised Newstead at Ilfracombe, Babbiloora at Tambo, Redford and Tooloombilla near Mitchell, Hoganthulla near Augathella, Winneba, Taylors Plains and Juandah Downs near Mungallala, Spring Creek at Bollon and Bridgeman Downs near Roma.

The Boanbirra Aggregation, with options to purchase 10,000 Dorper ewes, existing plant and machinery and commercial quantities of feral goats, is expected to field offers worth about $30 million bare. The aggregation is for sale by expressions of interest, closing May 8 via LAWD.