Liverpool Plains bargain-priced basalt

Liverpool Plains bargain-priced basalt

Property News
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An attractive add-on opportunity for established players has arisen on the Liverpool Plains with the offering for sale of Moolagundi, a mixed farming property with upside potential.

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  • Mullaley
  • Agents: Hamish Firth, 0417 542 490, Nutrien Scone; Richard Cudmore, 0428 658 497, Ruralco Davidson Cameron and Co, Quirindi.

An attractive add-on opportunity for established players has arisen on the Liverpool Plains with the offering for sale of Moolagundi, a mixed farming property with upside potential.

Situated in the Mt Nombi area 30 kilometres south-west of Mullaley and 70km from Gunnedah, Moolagundi is a property of 1517 hectares (3749ac) currently utilised for cattle breeding and fattening.

It is owned by Danny Andrews, who is based in the Hunter Valley where he works in the mines and owns another property.

He bought Moolagundi with a view to his sons' future but priorities have since changed and is selling now so as to spend more time with his family.

Moolagundi would make a handy addition to an existing cattle-based operation.

It has been listed for sale by Hamish Firth of Nutrien Harcourts Scone and Richard Cudmore of Ruralco Davidson Cameron and Company of Quirindi, with offers invited in a range from $820 to $870 an acre.

The property would make a handy addition to an existing cattle-based operation further east or west, either as a breeding station or a fattening/backgrounding proposition.

Much of the western end originally formed part of Garrawilla, a station of some 8000ha when purchased in 1914 by Duncan Anderson of Newstead, Inverell - the setting for Tom Roberts' iconic 'Shearing the Rams' painting.

In 1927 Duncan sold off half of Garrawilla, including portions now forming part of Moolagundi, and in 1954 the remainder was divided between his two sons.

The section which joins Moolagundi to the east was renamed Newstead by his son (another Duncan) and is now home to his son, former deputy prime minister John Anderson.

Described as mainly undulating with some higher slopes and rocky outcrops, Moolagundi is characterised by heavy red and black basalt soils typical of the district.

Between 200-300ha of level to gently undulating country is well suited to cropping and currently used to fatten cattle.

Pastures are predominantly native grasses and clovers, now thriving after recent rains and lightly stocked with about 130 cows - well below the property's estimated carrying capacity of 335 breeders.

The light to medium timber covering of box, kurrajong, red gum and pine offers scope for further development for cropping or pasture establishment.

Average rainfall is above 650mm and the property is watered by two bores reticulating to tanks and troughs, two spring-fed creeks and dams in all 10 paddocks (which are 90 per cent newly fenced).

A three-bedroom home suitable for a manager's residence is complemented by a two-bedroom cottage, and working improvements.

Branxton Park now on at $5.1 million

Branxton Park, the Southern Tablelands grazing property of Maree Marsh previewed in these pages on May 28, was passed in at auction last week by Webster Nolan Real Estate and Roger Bushell Real Estate and is now for private sale at $5.1 million.

Situated near Tarago, between Goulburn and Braidwood, the well-improved 656ha property has carrying capacity for 275 breeding cows, or sheep equivalent, and comes with a modern four-bedroom brick homestead, three-bedroom cottage and full working infrastructure.

Contact Roger Bushell, 0428 483 667.

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