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HomeNewsRare livestock offering

Rare livestock offering

The Roma Feedlot and Spelling Yards offer buyers a rare chance to acquire a strategic part of the Queensland livestock supply chain.

Situated 40 kilometres south-west of Roma, Ben Cameron holds the 2445.62-hectare aggregation across three freehold certificates of title.

One of the first NFAS-accredited feedlots to hit the open market in recent years, it is expected to generate strong competition from existing operators and producers seeking further diversity and a drought mitigation strategy.

JLL director – agribusiness Geoff Warriner is selling the Mount Abundance property.

He said the feedlot and yards had multifaceted appeal.

They are located only 16 kilometres off the main eastbound route for cattle travelling east and south and allow direct access by road trains from the west.

Price expectation is between $25 and $30 million.

“Following its development in 2017, the near-new facility is now embedded into the livestock supply chain flowing from the west through to the south east Queensland feedlots and processors,” Mr Warriner said.

“With road-train access from the west, it offers a unique opportunity to northern and western pastoralists … to maximise compensatory weight gain prior to sale.

“Alternatively, it could be run as a viable stand alone business within the Queensland beef supply chain or as an introductory concern for a new operator.”

The cattle business, which has existing beef supply contracts with Woolworths and is a supplier to all meat processors to the east, includes the 4000-head feedlot and 2000-head spelling yard, both with scope for expansion.

The feedlot and spelling businesses operate on two contiguous holdings – Dunan and Oaklea (totalling 2445ha) – which offer quality infrastructure for a high standard of efficiency and productivity, as well as 1500 arable hectares and improved pastures.

All crops grown on the properties are used in the feedlot, providing huge freight saving advantages.

Mr Holgar said the location, 50km from the major livestock selling centre of Roma Saleyards, was impeccable in its connectivity.

“Roma provides a high degree of amenity, including several international agricultural machinery service and sales outlets, agricultural support services, education (primary and secondary) and medical and government services,” he said.

“Roma airport also provides direct flights to multiple Australian capital cities.”

Roma Feedlot & Spelling Yards is offered for sale by expression of interest “in one line“ or as separate assets.

The campaign closes on 9 November.

ABOUT THE PROPERTY

* Favourable balance of land and soil types to complement a commercial feedlot and mixed farming enterprise.

* Secure water resources comprising groundwater allocations and associated bores.

* The Feedlot operates under the National Feedlot Accreditation Scheme.

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