This article is from the Australian Property Journal archive
A 15,779-hectare pastoral enterprise with double frontage to the Barcoo River has been listed for sale for the second time within little more than nine months, this time with a different agency.
The Eltham Aggregation in Isisford, Central Queensland comprises two freehold certificates of title and is strategically located 40 kilometres north of Yaraka and 127 kilometres south of Longreach.
It was put to the market in May last year by Tim and Kerry Joseland and family, who were planning to move closer to children in south-east Queensland.
Geoff Warriner, Chris Holgar, and Fergus Russell of JLL have the listing this time, with the property up for grabs via private treaty process.
Warriner said the listing presents an outstanding opportunity for investors seeking a well-established breeding or fattening enterprise, complemented by the option to purchase approximately 400 Ultrablack cows, chance-mated to purebred Angus bulls.
He said a standout feature of the aggregation is its “exceptional” water security. The property benefits from a diversified supply network, including eight catchment dams, multiple permanent and semi-permanent waterholes, and around 15 kilometres of frontage along the Barcoo River.
Eltham has also received two significant rainfall events since November. One of those took place in the past few weeks and delivered between 70 millimetres and 100 millimetres across the aggregation, and triggered flows in both the Barcoo River and Pemberley Creek.
“These favourable conditions have set the enterprise up for a strong season ahead,” Warriner said.
Land and soil types across the Eltham aggregation range from alluvial plains and hard gidgee melon hole country to boree wooded downs and open Mitchell grass downs. Pastures are primarily buffel, Mitchell, button, and flinders grass, along with a variety of native herbages.
A majority of Eltham’s perimeter is protected by exclusion fencing. Internal fencing consists of three or four barbed and plain wires.
“This fencing system has been carefully designed to link grazing areas with holding paddocks, ensuring optimal livestock movement and maximising access to the property’s extensive water sources,” Holgar said.
Infrastructure, includes new, state-of-the-art steel cattle yards, and the property features a two-storey, three-bedroom homestead, separate visitors’ accommodation, and a three-bedroom workers’ cottage, all set within established gardens.
