Page 4 - STL-Spring-Property-Guide-2023

4 SPECIAL PUBLICATION Thursday September 21, 2023 .
NEWS 2023 SPRING PROPERTY

More cautious

buyers taking

the long game

THE team at Spence Dix & takes in 2808 hectares and
Co Property headed by Greg is available as a whole or in
Window and Alastair John- two lots with expressions of
son understand the commit- interest closing on October 5.
ment and in many instances Auctions are happening in
the life-changing decisions September of cropping land
around the sale or purchase at Murrayville and Custon
of a farm or rural property. via Bordertown.
Greg Window is in his Grazing, crop and irri-
50th year of working in the gation opportunities are
rural sector after first starting becoming available in the
with Bennett & Fisher, then Tintinara, Keith and Border- The pasture is predominantly made up of rye grass and sub-clover, with a variety of
broadening out into rural town districts, along with the native grasses and traditional clover present.
property sales 42 years ago. Mallee.
"There has been dramatic Prices have risen quickly. Spence Dix and Co says High rainfall grazing property
price rises over the past few the Upper South East of
years, and we are now in a their business." South Australia is also seen
period where buyers are be- Spence Dix and Co. feel it as a very attractive, value for AGENTS have suggested a rainfall is about 800mm. Thefertilesoilhasadiverse
ingmorecareful,whichisnot has the right balance to guide money, diverse area, with its price of $7250 per acre for a Agents say the farm block blend of gently undulating,
a bad thing," the agents say. both sellers and buyers alike good rainfall base, grazing handy grazing block in the is highly productive across sandy loams, some black
"Prudent purchasers are along this most important and or crop options. south-west of the state. five paddocks. flats and provides excellent
still buying, there's always journey. Properties in many in- The Drumborg farm is Two bores are equipped conditions suitable for prime
opportunities, and that's The agency has a large- stances have reliable under- just off the Princes Highway with reliable Varcoe wind- lambs, beef or dairy.
why we're still managing scale grazing and crop prop- ground water, including for about 20km south-east of mills. For more information
inquiry, making sales, as- erty for lease between Keith irrigation, and are close to Dartmoor and across 166 The pasture is predomi- about the grazing block con-
sisting buyers to secure the and Bordertown. markets and processors. It hectares (410 acres). nantly made up of rye grass tact the agents from A1 Real
type of property that suits Old Brimbago Station ticks a lot of boxes. District annual average and sub-clover. Estate on (03) 5523 2200.

WERAI STATION 680Ha which provides versatility for winter and Colligen Creek, (An anabranch of the Edwards
summer cropping programs while additional River), Niemur River, dual frontage to Gwynnes,
Maintained in the same ownership for development is also available for growing rice Cooyeo & Kangaroo Creeks with a vast array of
30 years, Werai Station has been built & other row crops with the balance of land associated biodiversity. No formal assessments
out and developed to be a mixed dryland cropping & grazing. The property has have been undertaken with regards to soil carbon
cropping and grazing powerhouse in the Southern run as many as 800 Te Mania breeders in plus potential but water security can only bolster the
Riverina of NSW. followers in the past and taken on agistment in future carbon generation capacity of the property.
With water supply from three bores, the strong seasons. The property features the historic Over 5,000 acres of Werai is certified organic
northern branch canal (Murray Irrigation Limited Werai Homestead with its north facing courtyard while the balance of the property has been largely
main supply channel) and the Colligen creek offering three bedrooms, office and two formal run in a conventional management regime with
water supply and deliverability are not an issue living areas while working improvements comprise potential for expansion to cotton.
providing options for dry times. a near new hay shed, 2,040t in grain storage (silo),
grain storage shed, machinery shed and workshop Werai offers scale, flexibility and diversity like few
The cornerstone of the cropping program is two with adjacent yards and smaller scale feedlot (not others which have been offered to market in the
T & L Lateral irrigators covering approximately registered). The property features frontages to Southern Riverina in recent times.

Expression of Interest.

For more information contact David Leeds

M +61 418 594 416 | E david@borderrealestate.com.au VR4833549