'Banjo Station', Sturt Plateau, Katherine NT 0850

Location:
Banjo is approximately 250km South of Katherine on the Sturt Plateau in the NT.

Area & Tenure:
Banjo comprises of 578.1 km² (approximately 57,800 ha or 142,000 acres) held under Perpetual Pastoral Lease 1229, NT Portion 5807. The property is approximately 25km x 25km.

Land Development:
Cleared cultivation country totaling 6,885 Ha (17,013 acres) approx. 2,400 Ha has been planted for fodder crops, hay and grain production. Cotton has also been trialed in the area.

The balance of Banjo is typically covered with light to medium timber and grasses. Carrying capacity, excluding the cleared cultivation land, is estimated to be 4,000 breeding cows and followers, in line with the Sturt Plateau benchmark of around 8 breeders per square km.

Country:
Flat to slightly undulating with a mixture of dark red, black and red soils.

Water:
High quality ground water from three bores to tanks and troughs.

Fencing and Yards:
New set of steel cattle yards, numerous holding and feeder yards, a multi-gate circular drafting race, a high-quality crush with weighbox and a separate calf race and cradle. Plus four feeding yards with concrete bunkers facilitating silage/grain feeding for around 1,000 head. Many new fences including exclusion fencing. There are north-south and east-west laneways which feed all paddocks to the cattle yards.

Accommodation:

New steel frame Residence

New steel frame two-bedroom Cottage

Four-bedroom two storey house with carport

Staff quarters for 13, eight ensuite rooms, all with A/C and Staff kitchen

Other Improvements:

New 72m x 20m x 5m shed, plus skillion maintenance and wash down

Two large Allshelter dome structures

New 1200m airstrip

New concrete Helipad

Two silage storage pads storage capacity of around 8,000 tonnes

800,000 litres rain water tanks

Diesel storage 40,000 litres

Full list of inclusions on request, including machinery and livestock.

Agents Comments:

'Banjo" is a significant quality NT holding for the serious purchaser. The current owner has invested substantial capital to improve the property to an outstanding standard. There is still scope for further improvement. With excellent soils, ground water and improvements Banjo is ready to become a very productive and profitable cattle breeding and feeding venture.