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AREA

INVERWAY

253,800HA

RIVEREN

301,600HA

TOTAL

555,400HA

CARRYING CAPACITY

42,624THREE YEAR AVERAGE

LOCATION

VICTORIA DALY

240 KM SOUTH EAST OF KUNUNURRA
440 KM SOUTH WEST OF KATHERINE
595 KM SOUTH WEST OF DARWIN

PROPERTY OVERVIEW

Click below to read more about property features for Inverway and Riveren

Frontage to the Buntine Highway.

  • Several watercourses traverse the property, providing flooding during high rainfall periods. The Victoria River traverses the south eastern portion of
  • Riveren and provides lasting waterholes.
  • Lake Nongra provides permanent water in the south west portion of Inverway.
  • Approximately 54 bores (23 Inverway and 31 Riveren) equipped with a mix of mono pumps, windmills and solar, each associated with turkeys nest
  • dam and a network of tanks and troughs.
  • Six catchment dams are constructed with open access to stock throughout.
  • Approximately 60 other natural water sources (dams, waterholes and springs)

Inverway 4 sets of yards:

  • New homestead yards: replaced recently, modern yards with six feed pens located close to the Buntine Highway with 2,000 head capacity.
  • Equipped with pneumatic Longhorn yards and crush, and Morrissey hydraulic calf cradle, five way draft, undercover work area,
  • Loading/unloading ramp
  • Killowie Yards: 1,500 head capacity, Warwick cattle crush, Morrissey hydraulic calf cradle.
  • Chickenhawk and Old Fence Yards: 1,500 head capacities, CIA immobiliser cattle crushes.

Riveren 8 sets of yards:

  • Homestead yards: main yards, constructed of steel and mesh with hydraulic Warwick crush and Morrissey calf cradle, loading ramp and sprinkler
  • System, with 3,000 head capacity
  • 7 sets of outlying steel yards with 1,500 head capacities. CIA cattle crushes and serviced
    by a portable crush and ramp.

The project data room contains a detailed plant and equipment list. There is approximately $4.25 million (purchase price) in plant and equipment on station.

Key items include:

  • Haulmark double decker cattle trailer
  • Hino GH 1835 XX long livestock truck
  • Acco Iveco 2350G truck
  • Fuso fV54 400HP truck
  • 2 x Manitou telehandler with bucket
  • Caterpillar grader
  • Caterpillar truck loader
  • Kenworth prime mover
  • Caterpillar grader
  • Caterpillar elevating scraper
  • 8 x Toyota landcruisers
  • Mitsubishi Fuso firefighting truck.

Please note that no aircraft are included in the sale.

The balance of land, coupled with the abundant natural water supply, has resulted in them being considered coveted assets. Since FY2018 Hancock Agriculture has invested approximately $6.9 million in capital expenditure on further improving Inverway and Riveren (excluding plant and equipment).

Significant investments include:

APPROXIMATELY

$2M

ON YARDS AND FENCES. THIS HAS INCLUDED YARD UPGRADES, NEW
YARDS AND ASSOCIATED ANIMAL HANDLING INFRASTRUCTURE
Approximately

$1.2M

IN INFORMATION AND
COMMUNICATION TECHNOLOGY
APPROXIMATELY

$1.55M

INVESTMENT INTO WATER STORAGE AND DISTRIBUTION INFRASTRUCTURE. THIS HAS INCLUDED BORE REFURBISHMENT/REDRILLING, NEW TANKS, TROUGHS, PUMPS, PIPELINE, SOLAR CONVERSION AND GENERATORS
APPROXIMATELY

$2.1M

ON NEW BUILDINGS AND
BUILDING UPGRADES

Riveren and Inverway Stations are presently enjoying an excellent wet season with 266.8mm of rain falling over January and February 2021.

GALLERY

DOWNLOAD INFORMATION MEMORANDUM

  • Please fill out the below to download your copy of the Information Memorandum and discuss the opportunity.