Northern NSW family to sell farm after century stand
A tightly held 2410ha property near Moree has been listed for sale, while 2299ha of Queensland cattle country has also hit the market.
A northern NSW family have listed their tightly held mixed grazing and cropping property for sale, preparing to end four generations of ownership.
Rob and Joanne Hamilton are selling the 2411ha Ningle property, ending a 100-year tenure dating back to when Joseph Hamilton purchased the property in 1924.
Located 27km south of Moree and 8km to Gurley, Ningle is predominantly flat and situated in the highly regarded fertile north west slopes and plains of NSW.
Originally run as a grazing concern by the Hamilton family, in recent times Ningle has become a highly productive mixed farming operation with winter cropping of wheat, barley, durum, chickpeas, summer cropping of sorghum, cattle breeding and fattening as well as a Merino flock.
Ray White Rural Moree agent Ed Wisemantel said across the sprawling property, vegetation varies from open treeless plains to lightly timbered areas of mainly Belah, Myall and Box with native grasses including Mitchell, Queensland bluegrass and Plains grass.
“At present, Ningle has a large body of feed due to late summer rains and consistent falls have fired up the medics and established the winter cereal planting,” Mr Wisemantel said.
“Ningle provides the opportunity and the infrastructure to diversify into varied agricultural pursuits with easy access by air, rail and road to the major capitals in what is a historically sound region for investment.
“There has been 158ha of lancer wheat and 180ha of westcourt durum planted which are included in the sale.”
Ningle is scheduled to be offered via an auction on July 18, 2024 at the Moree Town and Country Club. Offers prior will be considered.
No price guide has been offered for the property.
Meanwhile, the Shields Pastoral Company is selling their 2299ha cattle property, located in Queensland’s Bundaberg region, 46 km northwest of Gin Gin and 94km west of Bundaberg.
Owned by Shields Pastoral Company for about a decade, they initially acquired Part Rosehill to complement the Wagyu enterprise they were expanding.
CBRE is handling the sale of Part Rosehill, where offers are expected to reach $12-$13 million.
“Part Rosehill offers a purchaser an opportunity to acquire a highly productive cattle enterprise, underpinned by over 1,000 millimetres of rainfall per annum, good soils and topography, quality fencing and reliable stock water,” CBRE agribusiness senior director James Beer said.
“We anticipate the property will be well-sought after by cattle graziers looking for geographic diversity and rainfall security, as well as high net worth individuals”.
“Part Rosehill also has the scale to operate as a stand-alone enterprise given it has the capacity to run 900 breeders, which will appeal to new entrants seeking exposure to the beef sector,” CBRE’s head of agribusiness John Harrison said.