This article is from the Australian Property Journal archive
A 40,236-hectare three-property aggregation in southwest Queensland has sit the market, after being listed by veteran grazier Sinclair Hill.
The Boanbirra Aggregation sits 55km southwest of Bollon and includes Boanbirra, Fernlee and Donna Downs with options to purchase 10,000 Dorper ewes, existing plant and machinery and commercial quantities of feral goats.
The property previously run 2000 breeder cows and a portion is currently agisted to cattle, with potential for the arrangement to carry over to the new buyers.
The properties also feature an extensive watering system, secure fencing and productive pasture improvements.
Simon Cudmore, director at LAWD has been appointed to manage the sale of the properties via an expressions of interest campaign.
“The properties are looking a picture after excellent summer rainfall. It’s just another example of Mr Hill’s ability to buy second tier assets and upgrade them by investing in large- scale improvements to water, pasture and fencing,” said Cudmore.
“This is low cost, low input, highly productive land types with a diversity of climate and soil, a secure piped water supply, creating a very cost-effective grazing enterprise.”
The Boanbirra Aggregation is the final lot to be sold from a portfolio of 16, which comprised NSW properties Berwicks at Willow Tree and Terlings and Dundenoon near Moree
While 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 introduction of exclusion fencing, capped bore water and Dorper sheep has revolutionised grazing in western areas,” said Hill.
“I will be 90 in October and I look forward to seeing what the next generation of my family can achieve.”
The Boanbirra Aggregation was developed from a beef breeding and fattening enterprise into a large Dorper prime lamb business.
The grazing country includes huge body of buffel and native grass after an extensive summer rain season. With the aggregation comprising a mix of open and semi-open country timbered with brigalow, gidgee, coolibah, box and wilga trees.
Enclosed by the 158km Fernlee Cluster Fence, the near-new secure internal fencing of paddocks, holding paddocks and laneways is considered “Dorper proof”.
“Given the scale of the opportunity, strong interest is anticipated from both institutional investors and expanding local farming enterprises,” added Cudmore.
The expressions of interest campaign for the Boanbirra Aggregation is scheduled to close on 8 May 2024.
