THE listing of prime beef property “Whiterock” at Scone has beef producers from multiple states excited.
“Whiterock” features approximately 1635 hectares (4,042 acres) of diverse basalt grazing country, arable farming country to extensive elevated chocolate basalt plateaus.
Selling agent Michael Burke, MacCallum Inglis, Scone, said he had fielded “widespread” inquiry from investors in NSW and Queensland, with inspections coming primarily from beef producers looking to expand on their existing holdings.
“Generally speaking, the prospective purchasers are impressed by the large elevated basalt plateaus and slopes, compared to the relatively small percentage of timbered hill country,” Mr Burke said.
He said the successful buyers would hit the ground running.
“Although we are quite dry in the Upper Hunter, the cattle on “Whiterock” are in very good order and the large framed cows are carrying some very sappy calves demonstrating the strength of the country.”
He said a number of comparable sales in the area had been sold in the past three months for $1500 to $1800 an acre.
“We feel “Whiterock” is every bit as good as the best of the those properties.”
The vendors, Hilton and Pauline Carrigan, have bought another rural property closer to Scone.
In recent years they have run 450 breeding cows and finished up to 200 steers on crop. They sold their cattle at Scone Regional Saleyards at 300 kilograms to 350kg.
Expressions of interest close May 5.
