Southern Queensland beef cattle enterprise Burnbrae has hit the market for the first time since the holding was drawn 57 years ago.
Held by the Campbell family since establishment, the 2500-plus hectare Moonie property is expected to hold particular appeal for existing industry participants and family farming groups.
There is no price guide, but recent sales in the area have achieved rates in the vicinity of $1900 to $2000 per acre.
JLL Agribusiness senior director Geoff Warriner is exclusively handling the sale with fellow senior director Chris Holgar, director Clayton Smith and executive James Mitchell.
He said it was an opportunity to secure a turnkey enterprise on a single freehold Certificate of Title and within a commodity sector that was rebounding.
“The property has just had one of its best seasons in recent times and is fully grassed up,” Mr Warriner said, pointing to optimistic sector forecasts generated by recent rains.“
In what was historically a tightly held area, JLL has brokered four local sales during the past couple of years with a combined value more than $50 million.
“These were driven primarily by succession planning and transfer to the next generation.”
Mr Warriner said while the property was suitable for conversion, it currently operated as a beef cattle breeding and backgrounding enterprise, with progeny turned-off at feedlot specification.
“Burnbrae has been practically designed, with modern livestock-handling facilities fed by a central laneway linking the 17 paddocks across the holding,” he said.
“Production is further enhanced through arable areas, of which the majority of the property has been farmed historically and with 73 hectares currently planted as oats.”
Infrastructure across the property includes a homestead, registered artesian bore, 20 megalitre surface dam, concreted workshop, shearing shed, hay shed, grain silos and galvanised steel stock yards with a comfortable 300-head capacity and all-weather access to the Moonie Highway.
Mr Holgar noted the property’s location – 14 kilometres from Moonie and 100km from Dalby – was expected to be a key driver of appeal.
“Burnbrae is ideally positioned between Roma and Dalby, which serve as two of Queensland’s major livestock selling centres,” Mr Holgar said.
“Its direct frontage to the Moonie Highway affords easy access to multiple end markets, including processing facilities, sales yard and also multiple feedlots sitting within a 150km radius.
“It also has access to service centres and the full array of amenities including health, medical, entertainment and educational facilities.”
The expressions of interest campaign will close on 6 June 6 at 4pm.
