271 New River Road, Ringarooma, Tas 7263

Colliers is pleased to present for sale Mineral Banks, one of North-East Tasmania’s most prestigious assets, a premier grazing, cropping and native forest opportunity ideally located in the tightly held Ringarooma district – approximately 58 lineal kilometres from Launceston.

Key Investment Highlights:

•   A 1,236* hectare landholding comprising four Certificates of Title that has been well-developed for grazing purposes (781* hectares) with small sections utilised for intensive cropping (55* hectares) and the balance native forest (400* hectares). 

•   Outstanding agricultural enterprise, comprising both beef cattle and fat lamb production, supported by recently upgraded high-quality fencing infrastructure, internal laneway system and multiple road frontages. 

•   The property is benefitted from rich red loam and alluvial soil types, improved pastures and supported by excellent climatic conditions with an average annual rainfall of over 1,200 millimetres.

•   Extensive river frontage with Dorset River and New River traversing the holding and complemented by highly reliable and secure water supply including 420 megalitres of Tasmanian Irrigation water from the Upper Ringarooma scheme. 

•   Historically operating under a traditional management structure, Mineral Banks offers an incoming purchaser the ability to capitalise on higher value farming operations including dairying, further intensive cropping and development of irrigation infrastructure for fattening operations. 

•   Structural improvements and supporting infrastructure include multiple residential dwellings, machinery sheds, hay sheds, three sets of cattle yards and a three-stand shearing shed.

•   Benefitted from 400* hectares of native forest with significant volumes of hardwood timber offering an array of diversified forestry opportunities, as well as potential for biodiversity stewardship and carbon farming pursuits.  

•   Tightly held North-East Tasmania location, synonymous with highly productive agricultural pursuits and closely located to local centres including, Ringarooma (5* lineal kilometres), Derby (13* lineal kilometres), Scottsdale (25* lineal kilometres) and Launceston (58* lineal kilometres).

Mineral Banks is for sale by International Expression of Interest closing Thursday 20 March 2025 at 4pm (AEDT).

For further information or to arrange an inspection, please contact the exclusive selling agents listed below:

Duncan McCulloch
0416 047 484

Connor Dixon
0457 489 790