PROPERTY OF THE WEEK
- LOCATION: Condobolin
- EXPRESSIONS OF INTEREST: Close March 18.
- LAND: 4155 hectare (10,266ac)
- AGENT: Angus McLaren, 0428 496 289. Miller & James, Temora.
Under the near-perfect cropping conditions of 2020 the Central West mixed farming property Euglo churned out some 9000 tonnes of grain, and the stage is set for another bumper season.
Euglo is the 4155 hectare (10,266 acres) Condobolin district property held since 2005 by the Worner family from Young and for sale now only because of the departure of the full-time manager.
The property has been listed for sale by Miller and James of Temora by expressions of interest.
Euglo is presenting a timely opening for a local or outside investor to acquire a proven agricultural performer.
Originally part of Cadow Station, which extended from the Lachlan River to Humbug Creek, Euglo was taken up in the 1860s by Charles Burcher, after whom the village near Lake Cowal is named.
In 1918 the property was bought by the Sydney-based pastoralist J.J. Leahy, who also owned nearby Manna Station, before being on-sold in 1922 to Thomas Hackney of Buckburraga, near Bathurst.
Then predominantly a grazing property, Euglo underwent a transformation during the 1951-1963 tenure of its next absentee owner, John Watson of Wollogorang at Goulburn, who introduced large-scale dryland cropping.
The cropping regime was continued under the subsequent ownership of the local Ridley family of Pine Hill and Bogandillon, who held Euglo until 1998 when it was sold to Jeff and Jane Rogers from Victoria.
When the Rogers shifted north to a property near Coonamble in 2005, Euglo was bought by Robert and Heather Worner who ran the property as an outstation to their Stanley Park property at Wombat.
Since Robert's death in 2016 Euglo has been managed by their daughter Jane, from Young, and Heather (still at Stanley Park).
Situated 45 kilometres south of Condobolin and 65km north of West Wyalong, Euglo is a mostly level property of red loam to grey and red self-mulching clay soils, described as 95 per cent arable.
Average rainfall is 471mm and the property is watered by connections to the Euglo Water Scheme and a private scheme.
it also features long frontage to Humbug Creek which forms most of its eastern boundary.
More than 200mm of rain has already fallen this year, laying a solid foundation for the 50 per cent (approximately) of the property that is sprayed and ready for sowing.
The balance of the property has lucerne-based pastures capable of finishing lambs year-round.
Apart from a winter cropping program, which last year saw wheat yielding up to five tonnes/ha and canola averaging 3t/ha across 500ha, Euglo is home to 3500 composite ewes from which Dorset-cross suckers are sold in spring.
The spacious four-bedroom homestead, occupied until recently by a manager, is built of local pine and set amid lawns and established trees.
Flanked by enclosed verandas, the homestead has reverse-cycle and evaporative air conditioning, an entertaining deck, polished floorboards, a modern kitchen with granite benchtop and a coolroom.
Working improvements include the five-stand 1890s shearing shed, steel sheep and cattle yards, seven self-emptying silos (470t total capacity), steel machinery shed, 500t grain shed and workers' amenities block.
Expressions of interest for Euglo close on March 18, and as a guide, a smaller block nearby sold recently for $1600/acre.