Faversham, Middle Creek Road, Merriwa combines scale, production, soils and water.
Located in the picturesque Upper Hunter region of New South Wales. Faversham is an aggregation comprising Faversham, Montego, Chatham and Moona, totalling a large land area of 13,460 acres, most of which was once part of the historic Brindley Park owned by renowned pioneering pastoralist, James Brindley Bettington in the early 1800’s.
For sale via Expressions of Interest through Richard Royle of Colliers International, on behalf of Crown State Pastoral – Choi Family, Faversham is highly regarded for its rich productive soils and reliable rainfall, due to the close proximity of the Liverpool range; making it a prized amalgamated blue-ribbon cattle station.
Blessed with naturally rich chocolate and black basalt soils, cattle are raised on a balance of native and improved pastures on the southern foothills of the Liverpool Range, with elevation ranging from 480m to 800m above sea level, Faversham is diverse in terrain, ranging from creek flats to undulating and hilly slopes with ample trees for shade and shelter.
Pure, pristine water is supplied via the Merriwa River, Coulsons Creek, Middle Creek and the Gummum Creek as well as bore water pumped from a solar powered reticulation system. The extensive water system functions via stock water tanks which then gravity feed water to troughs throughout the property.
According to Mr Royle, Faversham has an existing management team living on the properties who can provide the knowledge and continued daily operation for absentee ownership or first time investors.
“The property currently operates as a Wagyu enterprise with Angus cows joined to Wagyu bulls producing F1 (first-cross) wagyu calves. The business model is to then sell the F1 wagyu weaners with average weights in the vicinity of 300 plus kg live weight. Current prices for F1 wagyu weaners have been far superior to other breeds, which has underpinned the success of the company”.
Current estimated carrying capacity is 1,200 - 1,500 breeders plus progeny. There is also the ability to run a mixed operation of both cattle and sheep with existing infrastructure in place for both. A huge potential exists for further improvements via ongoing pasture improvement and fertiliser application.
Faversham is a 3.5 hour drive to Sydney via the new Hunter expressway and only 1 hour to the World class golf courses, wines and tourism venues of the Hunter Valley.
“Surrounded by stunning landscapes, famous horse studs and rich farming land, the region benefits from a growing economy and easy access to livestock markets and processors” said Mr Royle.
Extensive accommodation includes the four main houses plus two separate cottages for paying guests or other ventures. The six room shearer’s quarters with its own kitchen could also be utilised.
Improvements on the aggregation include; six stand and two stand woolsheds, three sets of cattle yards, two sheep yards, two silos and five machinery sheds. There has been a long history of pasture improvement and fertiliser application with approx. 250 acres currently under oats and barley for finishing livestock.
For sale via Expressions of Interest through Colliers International, closing Tuesday 27th September at 5pm AEST.