Scorch­ing day de­liv­ers hot prices at sale

Shepparton News - Country News - - SEYMOUR ALTERNATIVE FARMING EXPO 2017 -

An on-prop­erty clear­ing sale of ex­ten­sive farm­ing and crop­ping plant at Ben­ne­long at Barham has re­alised more than $1 mil­lion.

The prop­erty was sold re­cently by Ru­ralco Prop­erty for a price in line with the preauc­tion fore­cast of $8.5 mil­lion.

Ben­ne­long is 2020 ha and has a di­rect frontage to the Mur­ray River of about 4 km.

Orig­i­nally held un­der long own­er­ship by a district pas­toral fam­ily, Ben­ne­long has been owned and de­vel­oped since 2005 by the Hazeldene fam­ily, who have a ma­jor in­te­grated chicken pro­duc­tion busi­ness at Lock­wood, west of Bendigo.

Ben­ne­long was pur­chased by the dry­land-farm­ing Riley fam­ily from Don­ald, to pro­vide a multi-gen­er­a­tional fam­ily farm­ing fu­ture as an ir­ri­ga­tion prop­erty.

It was sold in­clu­sive of a gen­eral se­cu­rity wa­ter ir­ri­ga­tion right li­censed for 2140 Ml of wa­ter from the Mur­ray. The ir­ri­ga­tion en­ti­tle­ment is ac­cessed by two fully equipped pump sta­tions.

The prop­erty has more than 840 ha of crop­ping cen­tred on wheat, bar­ley and faba beans.

There is also a live­stock graz­ing op­er­a­tion of up to 200 head of breed­ing cat­tle run with Charo­lais bulls and a Dor­per sheep flock of 1500 ewes and lambs.

Ru­ralco Prop­erty sell­ing agent John Mor­ris from the Kerang of­fice said the Ben­ne­long clear­ing sale on Fe­bru­ary 10 was an out­stand­ing suc­cess.

‘‘Not­with­stand­ing the 47 de­gree day, we put the at­ten­dance at about 800 who came from near and far to bid on a very good port­fo­lio of plant and equip­ment,’’ Mr Mor­ris said.

‘‘We even sold the Piper Lance air­craft that be­longed to the orig­i­nal ven­dor, Peter Hazeldene, for a very rea­son­able $40 000.’’

Mr Mor­ris said Ben­ne­long was in a cov­eted Mur­ray River lo­ca­tion with the ben­e­fit of sig­nif­i­cant pro­duc­tiv­ity and scope to add fur­ther value. De­spite the 40 de­gree-plus day, the clear­ing sale at $1 mil­lion. The prop­erty was sold be­fore the Fe­bru­ary 10 clear­ing sale.

Hot stuff . . . Ben­ne­long at Barham grossed more than

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