This article is from the Australian Property Journal archive
BEEF producers the Teys family have put their western Queensland pastoral operation, Baratria to the market as a turnkey investment in the renowned Winton region.
Located between Longreach and Winton, the 77,747 hectare property comprises three distinct pastoral landholdings, Baratria, Hartree and Clyde.
JLL’s Geoff Warriner and Chris Holgar in conjunction with Walter Cooper of RPL have been appointed to sell the aggregation via an expressions of interest closing on 17th September.
“Due to the scale, location, level of development and favourable pasture and soil types, we anticipate Baratria to generate significant interest from existing industry participants seeking expansion of an existing supply chain or investors seeking a high-quality, viable standalone enterprise,” Warriner said.
The aggregation is estimated to have a sustainable carrying capacity of 9,000 head.
“Since being acquired by the Teys family, Baratria has earned an enviable reputation for the consistent production of EU accredited cattle to domestic markets,” Warriner said.
Holgar said the diversity and flexibility of Baratria lends itself to be a large scale breeding enterprise for producers with fattening properties further to the east or alternatively, a large scale backgrounding enterprise for the larger producers to the north and west.
Recently in Winton, Todd Cormack of Black Gully Droughtmaster Stud bought the 19,237 hectare renowned bullock fattening property Cambeela for $3.5 million after auction. Cambeela has an estimated carrying capacity of 1,500 breeders.
Late last year, Roma producer Chris Skelton acquired the 249,800 hectare breeding aggregation Eildon Park over than $11 million, in a deal that included cattle, and a South Australian family purchased the well grassed 17,424 hectare Coralton from Ron and Rachel Earle for $5.6 million.
