Best soil in Australia up for grabs for between $17 and $21 million

Media release - 4th September, 2015

After a successful six year stewardship of the magnificent Kia Ora Aggregation located between Walgett and Brewarrina in northern NSW, owners Maurice, Sharon and John Swain have decided to put the 76,057 acre property on the market for sale.

Kia OraThe massive property, which is being marketed for sale jointly by Danny Bukowski of Raine & Horne Rural Brisbane and Andrew Tout of Raine & Horne Rural Sydney, is expected to fetch between $17 and $21 million.

The well-watered aggregation, which has access to Barwon River for stock water, comprises five properties, including the Kia Ora Feedlot – a 5,000 head facility that could potentially be expanded to 10,000 head.

The vast aggregation covers 25,893 acres of cropping country, of which approximately 12,000 acres is lake bed farming, perfectly suited to cultivating wheat and barley.

In total there are 41 main paddocks across the five properties and there is all-weather access to the feedlot and the two main homesteads.

“There are many selling features that will attract buyers to Kia Ora, although I believe that the extensive amount of good farming will capture plenty of attention,” said Mr Swain.

“This property offers some of the best soil you will find in Australia.”

Kia OraMr Swain also believes that local and overseas buyers with an interest in cattle will also be attracted to the possibilities offered by Kia Ora.

“The Australian cattle industry is moving forward thanks to growing demand from Asia for our beef. It’s possible to run large numbers of cattle on this property,” said Mr Swain.

The aggregation will be sold by an Expression of Interest (E.O.I) and will be offered in one line or in separate parcels.

“I believe it is more likely to sell to a big company in its entirety rather than to smaller landholders,” said Mr Swain.

Expressions of Interest (E.O.I) are due by 5pm on Friday 11 September, 2015. To obtain the Information Memorandum (IM), contact Danny Bukowski from Raine & Horne Rural Brisbane on 0427 007 116 or Andrew Tout from Raine & Horne Rural Sydney on 0428 277 233.

ENDS

For further media information contact:

Danny Bukowski, Principal, Raine & Horne Rural Brisbane, on 0427 007 116

Andrew Harrington, National Communications Manager, Raine & Horne, on 02 9258 5400