Doughboy Mountain listed by Salter black angus breeders
The Doughboy Mountain cattle farm in the New England district has been listed by Salter family for November 20 auction.
The farm is redundant to the Angus breeding business started by Salmat marketing company co-founder, Phil Salter in 2007 when Towal Creek Station on the Macleay River on the mid-north coast was bought.
Consisting of 1,350 hectares between Armidale and Ebor, Doughboy Mountain runs pasture fed quality black Angus with carefully chosen genetics.
With lush paddocks on the Wongwibinda road, Landmark Harcourts Boulton Walcha agent Bruce Rutherford says its an opportunity to purchase the highly regarded property at a time when analysts predict increasing pressure on world food reserves and much higher returns in agriculture.
The farm was bought in 2010 at $6.9 million from the Wright family.
This article was first published in the Sunday Telegraph.
