This article is from the Australian Property Journal archive
AFTER 50 years in agriculture, a north-central NSW family has sold the mixed farming Wilga aggregation in a deal believed to be worth around $25 million.
The MacCue family formed the aggregation in 1964 with the acquisitions of the 1,080-hectare Wilga and 1,036-hectare Woodlands properties, located 50 kilometres from both Moree and Narrabri.
It included the Wilga Feedlot, Tookey Creek and Jarrah Park Santa Gertrudis studs, and 1,585 hectares of mixed cropping country.
Country is level to gently sloping with soil types ranging from rich red loams on Woodlands to deep black alluvial soils on Wilga.
The MacCue family has successfully grown wheat, barley, chickpeas, cotton, sorghum, oat crops in addition to summer forages and lucerne.
Improved native pasture paddocks are ideal for breeding or backgrounding. They are cleared to shade, well fenced, regularly fertilised, have excellent water and are carrying a large body of feed.
Rainfall is approximately 600 millimetres per annum and water is a feature of the aggregation, with damns and bored. Every paddock is equipped with storage tanks and troughs, and bores on both farms provide excellent water from spraying.
The farms were listed by Ian and Louise MacCue – who are retiring – and their son Michael and his family, in May, with expectations of $22 million to $23 million for the land, and the 3,200 head feedlot and expansion space to bump up offers. Machinery was also included in the deal.
BJA Stock and Station agents Bob Jamieson and Ben Hiscox managed the sale.