Kimberley property goes under hammer

Nicola ProuseCountryman
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Moola Bulla, one of the largest Kimberley beef cattle stations has gone under the hammer

Previously owned by failed management investment company, Great Southern, the purchaser is former Moola Bulla part-owner, the South African Western Australian Pastoral Company.

The business also owns Beefwood Park in the Kimberley.

The sale price is reported to be about $20 million for the station’s 660,811 hectares, based north west of Halls Creek.

Elders’ John Burke said the undisclosed price was realistic, taking into account the circumstances of the sale.

He said there were more than 40 enquiries received from both Australia and overseas interests.

The property has been used as a Brahman and Brahman-cross operation, with a mixture of undulating soil and level sandy loam plains, rivers and creek flats as well as hilly ridge country.

The area’s annual rainfall is about 516mm, which means the property is well watered by a large number of springs, rock holes, permanent and semi-permanent river and creek water holes, dams and more than 50 equipped bores.

The property is subdivided into 21 main paddocks and 15 holding paddocks, with excellent infrastructure for a modern beef outfit.

Moola Bulla is well regarded as a large-scale, low cost breeding property, with good access to the live cattle export facilities at Wyndham and Broome.

“The quality herd of Brahman and Brahman-cross cattle included in the sale created good interest, ” Mr Burke said.

“Approximately 25,000 cattle were included in the sale – 20,000 are currently on the station, while 5000 are elsewhere on agistment.”

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