Brisbane

One Tree Agriculture to divest two Darling Downs cropping operations

Two dryland cropping enterprises near Queensland’s Canaga have been listed for sale by One Tree Agriculture.

27 Nov 2019

Two dryland cropping enterprises near Queensland’s Canaga have been listed for sale by One Tree Agriculture. 

The 831ha Glendaloch and 425ha Encliffe landholdings in the renowned and tightly-held Darling Downs region are for individual sale. 

Both properties feature the characteristics of a highly productive broadacre cropping platform, benefiting operational efficiency via large, regular shaped fields, fertile soils and optimal climate conditions – including a long-term annual rainfall of circa 627mm.

Encliffe’s dryland cropping platform is 90% arable and produces a range of winter and summer crops, including wheat, barley, chickpea and sorghum – it also has a strong historical fertiliser program, with 80kg per hectare of starter MAP Zn applied for the coming summer cropping rotation. 

Glendaloch is 98% arable and benefits from high quality agronomic management practises, including zero-tillage and controlled-traffic. There has also been a strong focus on improving the soil’s health and fertility, with 60-100kg per hectare of urea and 35kg per hectare of MAP Zn applied. 

Glendaloch’s structural improvements include a homestead, workers cottage, machinery shed workshop and 752 ton of silo storage with an attached Vertec grain dryer. 

The dominant soil types of Encliffe and Glendaloch are level, dark-grey, self-mulching, alluvial soils. 

CBRE Agribusiness’ Simon Cudmore and Josh Ledingham have been appointed to market both landholdings for sale via an Expression of Interest campaign closing 17 December at 4.00pm (AEDT).

Mr Cudmore said the offerings presented a genuine turnkey opportunity, which would enable an incoming purchaser the benefit of instant production.

“Each of these properties provides a fantastic opportunity for existing farming businesses seeking to expand their operations or those that might be looking to enter the industry,” Mr Cudmore continued. 

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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at https://www.cbre.com.