Moree’s Golden Triangle property "Noble Park" goes up for sale

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CBRE Agribusiness has listed the Noble Park Aggregation for sale – another productive aggregation in the tightly held region of Moree's Golden Triangle, east of the Newell Highway.

Along with Oodnadatta, Grainfields, the Prospect Downs Aggregation, Wallam and Roydon, the Noble Park Aggregation sits on some of the most highly regarded agricultural land in east coast Australia – well-known for its production of high-quality winter and summer dryland crops.

Benefiting from the region's rich soils and favourable climate patterns, 86% of the 3,290ha property is developed to support dryland cropping.

CBRE's Josh Ledingham, Simon Cudmore and Col Medway have been appointed to negotiate the sale of Noble Park at Crooble, south of Croppa Creek, via Private Treaty.

Mr Ledingham said the listing was set to pique the interests of industry participants looking to expand or diversify their current operations or those interested in entering the market at commercial scale.

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"Situated in the Golden Triangle, which has long been flagged as a premier agricultural region, the sizeable Noble Park portfolio features five non-contiguous properties within minutes of one another – appealing to a range of potential buyers," Mr Ledingham commented.

Mr Cudmore added that the Noble Park Aggregation was a notable broadacre cropping platform featuring quality operational improvements providing efficiencies to capitalise on the large, regular shaped fields, fertile soils, reliable climate conditions and proximity to Moree, Goondiwindi and numerous local grain delivery sites.

"The aggregation features characteristics of a highly productive broadacre cropping platform, including 14,100 tonnes of grain storage, two manager's residences, various machinery sheds and workshops," Mr Cudmore said.

The aggregation is split into two landholdings:

1) Noble Park, Essex and Nome – 1,715ha, of which 82% is arable. The dominant soil types are mostly black self-mulching soils with small areas of red loam. Remnant timbers include belah, brigalow and myall.

2) Tantaranna and Oinga – 1,575ha, of which 90% is arable. This land features predominantly black soils with some intrusions of grey self-mulching soils and remnant timber belts of belah and myall, with limited paddock trees.

Mr Ledingham added that the vendor purchased the property in 1982 and has never failed to harvest a crop.

www.cbre.com.au