PROPERTY OF THE WEEK
FOR AUCTION: 11am December 4
LAND: 3341ha (8257ac)
AGENT: James Sides, 0427 236 791, Nutrien Harcourts Deniliquin.
Just over 100 years of one-family ownership is set to come to an end next month when the Western Riverina mixed farming property Yaloke goes up for online auction.
Yaloke is the 3341 hectare (8257ac) property of Allan Wragge, a sixth-generation member of one of the Deniliquin district's pioneer settlers.
It was Allan's great-great-grandfather, Thomas Wragge, who landed in Melbourne from his native England in 1841 with 25 pounds in his pocket and worked his way up from farm worker to farm owner, eventually taking over the 40,000ha Tulla in the Wakool region.
Following his death in 1910, Tulla was subdivided and sold, and in 1918 his grandson - Allan's grandfather (also named Allan) - purchased Yaloke, part of the former Warbreccan Station.
The present owner took over Yaloke from his father some 40 years ago and extensively developed the property before moving to Melbourne in 2012 with his partner, Rowena Jackson, and handing over management to his son William.
However, this arrangement ended unexpectedly in 2016 when William and his family left to embark on another business venture, necessitating a return to the farm for Allan and Rowena.
Now a more lasting retirement is seriously beckoning, and Mr Wragge has listed Yaloke for online auction with James Sides of Nutrien Harcourts Deniliquin.
Situated 23 kilometres west of Deniliquin on the Wakool River (which it fronts for 10km), Yaloke is a highly productive mixed farming operation incorporating year-round irrigated and dryland cropping, Merino and crossbred sheep breeding and beef cattle.
About 1000ha of the property is developed for irrigation, two-thirds lasered contour and one-third lasered border check.
A further 2000ha is available for dryland cropping, including 200ha suitable for irrigation expansion.
Soils are predominantly red-brown loams and self-mulching clays, and the cropping mix has included winter cereals, canola, corn, rice, lucerne and fodder crops.
Cotton is also grown nearby.
This season about 1600ha was planted to fodder crops, along with 400ha of irrigated wheat and barley.
A further 200ha is being readied for summer crop plantings.
The balance of the property is native pasture interspersed with retained timber along the river and 240ha of planted saltbush.
Coming out of the drought the property is now understocked.
It currently runs 3000 Woodpark Merino ewes rearing Merino and White Suffolk lambs, and some 1000 head of trading cattle.
Irrigation water is sourced from a pump on the river and four Murray Irrigation access points, plus a deep bore, all feeding a 550-megalitre on-farm storage network of three main dams.
No water entitlements are included in the sale, but the buyer will have the offer of up to 1000MI water entitlements at market value.
The four-bedroom homestead, built in the 1920s from local red gum, has polished pine floors, formal and informal living areas, an enclosed outdoor entertaining area, in-ground pool and tennis court.
It is complemented by a three-bedroom cottage.
Working improvements include the century-old woolshed, now with five raised-board stands and steel sheepyards, a machinery shed and workshop, steel cattle yards, 490 tonnes of silo capacity and a grain shed.
Bidding for Yaloke is expected to come in on the high side of $8.5 million.