Blue ribbon Tasmanian estate and lamb production powerhouse, Logan, is for sale for the first time in more than 70 years, offering a turnkey operation with further multi-enterprise opportunities, located only 20* minutes from Launceston and 10* minutes from Launceston Airport.
The 2,683* hectare irrigated and dryland cropping and grazing operation at Evandale in the Northern Midlands region includes 602* hectares of centre pivot irrigation, large catchment dams (2,200* megalitre capacity) with an additional 600* megalitre water licence. Additional land has been earmarked for irrigation development which would further enhance production.
LAWD Senior Director, Danny Thomas, said properties of this scale rarely came to market in the tightly held Evandale district.
“Logan has only had three owners since it was first settled in the early 1800s and the Peltzer family, who have been custodians since 1950s, have developed it into a very successful and progressive prime lamb operation” Mr Thomas said.
“Given Logan’s highly secure water, fertile soils and excellent climatic conditions, the property could lend itself to a broad spectrum of agricultural pursuits including intensive cropping, horticulture, grazing and dairying.”
A standout feature of the property is the entirely gravity fed irrigation system, with a network of strategically placed dams, optimising efficiency by eliminating the requirement for pumping.
Vendor, Michael Peltzer, said irrigated white clover and brassicas are grown as fodder for Logan’s high-performance composite prime lamb flock.
“We achieve weight gains of up to 430g/head/day in lambs on the irrigated fodder crops, and the ewes are highly efficient. We join at seven months of age and this year had only 4% dry in the maidens and 1.4% in the mixed age ewes,” Mr Peltzer said.
“Our pasture fed, antibiotic-free lamb is sold throughout Australia as part of the Coles Graze Tasmanian Grassfed Lamb brand, and we have an alternative processing plant just 20 minutes away.”
In 2021 the Peltzer family – Angus, his sister Clare and their parents, Michael and Julie – installed the first Perkinz ShearMaster shearing shed in Australia, a New Zealand product designed as a race system that delivers sheep to the shearer, rather than the backbreaking tradition of shearers physically moving sheep to their stands.
The five-stand ShearMaster shed with 1,100* head capacity, has increased throughput by 20% and shortened shearing times, Angus said, and sits alongside undercover yards used for weighing, drafting, drenching and other operations.
Other infrastructure includes 240* tonne of silo storage, a 70* tonne fertiliser bunker,and a large 10-bay Zincalume shed with concrete floor.
A comprehensive road and laneway network throughout the property reduces labour input and increases efficiency, and the topography of higher country and lower irrigated paddocks combined with substantial established agroforestry plots used as shelter belts, provides excellent shelter for the sheep and soils.
The historic circa 1880s Logan homestead features a traditional English garden with a spectacular entrance avenue of 130 oak trees, all more than 100-years-old, and comprises five bedrooms, three-and-a-half bathrooms and multiple living areas.
The homestead features expansive vistas across the Rose Rivulet and associated waterfalls, Jeffries Creek and surrounding rural land, while further accommodation includes four dwellings, shearers quarters and a hunting lodge.
Clare Peltzer said the property’s proximity to Launceston and its airport provides the additional benefit of accessibility, and her family is proud of what they’ve achieved across the property.
“It is time for our family to move on. We’ve developed Logan a lot and we’re very proud of that, and there is still scope for further development on the property,” she said.
Mr Thomas said the property would suit domestic and international corporate farming groups or institutional investors, as well as existing landholders seeking expansion opportunities and high net worth individuals looking to secure a showpiece asset.
Logan is being offered for sale by Expression of Interest closing 12pm (AEST) Thursday 12 September 2024. For more information, contact LAWD Senior Director, Danny Thomas, on +61 439 349 977 or LAWD Director, Elizabeth Doyle, on +61 400 102 439.
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