This article is from the Australian Property Journal archive
IDRACOWRA Station, sprawling across 462,800 hectares south of Alice Springs, has been put to the market for just the second time since 1952.
JLL’s Geoff Warriner and Chris Holgar are marketing Idracowra, which will go under the hammer on 6th September at the firm’s 25 Grenfell St headquarters in Adelaide with a reserve price of $7 million.
The station has a 7,500 adult equivalent carrying capacity and is offered on a walk-in-walk-out basis, including livestock of around 3,000 head of cattle and plant and equipment.
There are areas of low edible mulga, and pastures include Spear and various summer grasses along with areas of Spinifex. Edible herbages are evident along with Bluebush and extensive stands of Parakeelya following seasonal rain.
Located about 120 lineal kilometres south of Alice Springs and 10 lineal kilometres east of Erldunda, Idracowra is accessed via a formed gravel road that adjoins the Stuart Hwy.
“This substantial landholding is situated within the heart of Central Australia and has been progressively developed to represent an efficient, low-cost pastoral enterprise supplying livestock to primarily southern (domestic) markets,” Holgar said.
“Notwithstanding the current level of development, large portions of the landholding towards the southern and eastern boundary remains undeveloped. As such, a tangible opportunity exists for future development resulting in expansion of the current grazing operation.”
Warriner said Idracowra’s proximity to the Stuart Highway provides ease of access to Alice Springs and end-markets located to the south.
The Finke River traverses the northern portion of the property for 90 kilometres and provides semi-permanent and permanent waterholes.
