INTERSTATE interest is expected for a Broken Hill property currently up for sale boasting an extensive family ownership and consistently good performance over the course of eight decades.
Waterbag Station, owned by the Langford family for the past 85 years, is on track to find a new owner following the family's decision to sell as part of retirement and downsizing plans.
Landmark Harcourts south east region real estate manager Simon McIntyre said this long family ownership was testament to the reliability of the property over the years.
He said the single-family ownership reinforced the property's reputation as a solid, steady performer, and had been "extremely sustainable over a long period of time".
"A lot of people would need to destock when it gets dry, but the current owner hasn't needed to do that," Mr McIntyre said.
The property has been conservatively stocked over the past decade, typically running about 350 cattle and 5000 sheep; in the past it has been running about 10,800 sheep and 210 head of cattle.
He said Waterbag Station also had a good body of feed, was well watered, and had an impressive range of improvements.
"When you look at the quality of the infrastructure on this property, that tells you that this place has been well managed and looked after by the owners," he said.
"There's not a lot that needs to be done to Waterbag Station."
Just some of those improvements included as-new cattle yards, two new sets of sheep yards, and shedding which is in excellent condition.
He said the property was just 24 kilometres from bitumen and was situated 115km east of Broken Hill.
Mr McIntyre said interest in this property was expected to come from far and wide, given another property offered for sale last year - and since sold - had attracted strong interest from buyers from NSW, as well as from South Australia and Victoria.
Goat harvesting offers another in- come stream.
The current owners have usually been harvesting a couple of thousand goats a year.
"The property is exceptionally well presented, and there's a comfortable homestead," he said.
That homestead is of double brick and Hardiplank construction and has four bedrooms and two bathrooms.
Further, there's a two bedroom self-contained cottage on the property.
Both houses offer air conditioning.
All up, Waterbag Station covers a substantial 42,718ha (105,558ac) with pastures including button grass, clover, copper burr, cannon ball, buffel grass, silk sorghum and native grasses.
Timber includes Belah, Bullock bush, Mulga and Acacia bush.
It has been subdivided into 23 paddocks supported by a central laneway, and water is offered through 10 dams, three bores and a reticulated trough system.
Annual average rainfall is about 222 millimetres.
Infrastructure comprises a four stand shearing shed, various storage sheds, steel cattle yards with a capacity for about 600 head and a tital of five sheep yards (including the two new sets of yards suitable for either sheep or goats).
The property is listed for sale through Landmark Harcourts Broken Hill with expressions of interest closing on July 16.
For more information contact Digby Schinkel, 0427 753 530 or Simon McIntyre, 0407 843 202.