Raby Station offers diversity, scale

Hassad Australia's Raby Station on the market

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ON THE MARKET: Hassad Australia is selling its large scale breeding, grazing and farming agribusiness Raby Station.

ON THE MARKET: Hassad Australia is selling its large scale breeding, grazing and farming agribusiness Raby Station.

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Hassad Australia's large scale breeding, grazing and farming agribusiness Raby Station is on the market.

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HASSAD Australia’s versatile, large‐scale breeding, grazing, dryland farming and irrigation operation Raby Station is on the market. 

Located in the highly Macquarie Valley district of Central Western NSW, 15km from Warren, the historic Raby Station has been listed with Landmark Harcourts.

The Macquarie Valley has a strong focus on agriculture, particularly sheep and cattle breeding and grazing, as well as wheat and cotton growing.

Trevor Wilson and Phil Rourke of Landmark Harcourts will be handling the marketing process, inspections and negotiations on behalf of Hassad Australia.

Raby has 2560ha of dryland cultivation and 385ha of developed irrigation country.

Raby has 2560ha of dryland cultivation and 385ha of developed irrigation country.

“The successful purchaser will acquire one of the Central Western NSW region’s premier rural agribusiness enterprises which has been a significant part of Australian agricultural history and offers the opportunity to undertake a variety of agricultural pursuits,” Mr Wilson said.

Mr Rourke, corporate sales manager of Landmark based in Sydney, said the timing of the sale was good given strong interest in agribusiness across most of eastern Australia.

“With commodity prices remaining at historically high rates and low interest rates, enquiry for good quality rural property has increased as the number of available listings have fallen,” Mr Rourke commented.

The property consists of 9783 hectares (24,175 acres) of mostly near level land, with some minor undulations adjacent to Crooked Creek. It enjoys a long frontage to the Macquarie River and includes 385ha of developed irrigation country and 2560ha of dryland cultivation with the balance open native grazing country.

Raby Station is extremely well watered.

Raby Station is extremely well watered.

Raby Station is extremely well watered with access to the Macquarie River, Crooked Creek and Duck Creek Channel and its network of tanks, troughs and dams. General security licenses of 1654ML from the Macquarie River and creeks are included in the sale.

The property is also home to the famous Raby Merino Stud, which was established in 1898.

The infrastructure on the property is very well maintained and adequately services the property’s various enterprises.

Mr Rourke said Raby Station was an opportunity to acquire a diversified agricultural production enterprise featuring cropping, dry‐land farming together with stud and/or commercial livestock breeding, wool growing and finishing country.

The infrastructure on the property is very well maintained and adequately services the property’s various enterprises.

The infrastructure on the property is very well maintained and adequately services the property’s various enterprises.

Hassad Australia chief executive officer John McKillop said the sale of Raby Station marked the next phase of the company’s investment strategy which included the planned expansion into post farm gate operations.

“Hassad Australia’s future lies in a balanced portfolio including farm operations, value adding and the creation of a global export business capable of taking Australian food and fibre to the world,” Mr McKillop said.

“The sale of Raby Station will allow us to rebalance our portfolio by further diversifying and strengthening our Australian operations, and providing an opportunity for the production, processing and marketing of premium agricultural products.”

Expressions of interest close on October 19.

Contact Phil Rourke, 0418 667 659, or Trevor Wilson, 0428 667 561, Landmark Harcourts.

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