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Dirranbandi QLD 4486

  • Rural / Farming
  • 49,197 ha
  • For Sale, For Sale by Expression of Interest

LARGE SCALE GRAZING & CARBON ENTERPRISE

  • Extensively improved grazing enterprise
  • Reliable annual carbon income
  • Secure water

CBRE Agribusiness are pleased to present for sale the Devine - Oratara Pastoral Property Portfolio (the Portfolio).

The Portfolio comprises four properties; Kulki, North Kulki, Oratara and Kanowna, representing a significant opportunity to secure a large-scale dryland grazing and carbon farming enterprise situated in central southern Queensland.

The Portfolio is being offered for sale in-one-line or as two separate aggregations Kulki/North Kulki and Oratara/Kanowna.

OVERVIEW
The Portfolio comprises 49,197* hectares held as four landholdings within two contiguous aggregations seven* linear kilometres apart. The individual aggregation offerings are outlined below:

Kulki and North Kulki Representing 22,884* hectares of which 11,614* hectares are under current carbon projects. The aggregation has an assessed carrying capacity of 3,700* Adult Equivalents (AE) or 29,600* Dry Sheep Equivalent (DSE).

Kanowna and Oratara Representing 26,313* hectares of which 12,101* hectares are under current carbon projects. The aggregation has an assessed carrying capacity of 2,525* AE or 20,200* DSE.

KEY FEATURES
An extensively improved grazing enterprise underpinned by reliable annual carbon income.
Fully exclusion fenced.
Independently assessed carrying capacity of 6,225* AE or 49,800* DSE.
Carrying strong stands of buffel grass, silk sorghum, clover and medic, supported by 7,400* hectares of regularly flooded and recently inundated Wallam Creek flood plain.
Secure water from an extensive piped artesian bore scheme and tank/trough network.
Pasture and infrastructure development allowing for a flexible combination of sheep, cattle and goat enterprises.
Enterprise flexibility supported by quality internal fencing, cattle yards, sheep yards, shearing sheds and a new lamb feedlot.
3,000* hectares of arable black and grey clay soils suitable to develop for dryland grain and fodder crop production.
The pasture sward has benefited from a prudent destocking program to protect the pasture resource and is recovering strongly from the drought in response to recent rainfall and beneficial flooding.
Approximately $15 million forecast carbon income over the following 20* years, secured by government contracts up to 2026
Normal dryland grazing is permitted within the carbon project areas.
Significant additional areas remain available for further carbon projects.

The Devine - Oratara Pastoral Property Portfolio represents an unparalleled opportunity for a potential purchaser to acquire a large scale, well designed and highly developed agricultural enterprise underpinned by secure Commonwealth Government income from carbon projects.

The Devine Oratara Pastoral Property Portfolio is being offered for sale via International Expression of Interest closing on 7 May 2020.

*approximately

Property Highlights

Property ID2016195250
Floor AreaAsk Agent
Land Area49,197 ha
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  12 Jun 2020
Map for Dirranbandi QLD 4486
Map for Dirranbandi QLD 4486Dirranbandi QLD 4486
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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CBRE Brisbane
Waterfront Place, Level 3 1 Eagle Street Brisbane City QLD 4000

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