Page 4 - Queensland Country Life Spring Property Guide

pastoralists Peter and JanePublicAuction11amCulturalCentre,Dubbo&online
Plevna Downs East, whichFORSALECentralWestGrainHandlingandStorageFacility-2.43ha|6acresWednesday20thOctoberviaAuctionNow
4 SPECIAL PUBLICATION Thursday September 30, 2021 .
NEWS
Qld property

market roars

BY MARK PHELPS strength of the market was $200m for the 438,000ha
Auction Thursday 14th October 2021 10:30amContactPeterDwyer0418266523orJohnHyland0429207560
the 3484ha exclusion fenced Normanton property Miran-
QUEENSLAND'S rural prop- Maranoa property Lorne, da Downs.
erty market continues to which sold at a Resolute The Menegazzo family's
roar with new value records Property Group auction Stanbroke Pastoral Co of- WesternPlains
continuing to be set across in April for $8.42 million - fered Miranda Downs for
the state. $2417/ha ($978/acre). sale on a walk-in, walk-out
Driven by low interest Located in the tightly held basis including 55,000 Brah-
rates, a red meat protein Mount Abundance district man-cross cattle through
commodity price boom, and near Roma, Lorne has an es- an expressions of inter-
a generally favourable sea- timated carrying capacity of est process.
son, family-based operations 800-900 backgrounder cattle The Hughes family already
are showing little hesitation or 5000-6000 dry sheep. has extensive Wagyu and
in jumping into what is al- Barry and Doreen Cooke's certified organic beef herds
ready a red hot market. highly regarded Meandarra in the Barkly region, as well IN DEMAND: Gulf of Carpentaria property Miranda Downs sold for $200 million,
One of the year's top auc- property Turana also broke as central and south western including 55,000 cattle.
tion results was the 6264 the mould, selling at a Nu- Queensland.
hectare Augathella property trien Harcourts GDL auction Townsville-based Herron some example of property Thornhill aggregation at buyer of Bramwell Station, a
for $8.96m in June. Todd White valuer Roger Hill "bank hopping" to achieve Hughenden, which went to cattle station and eco-tour-
sold for a record $1001/acre The 2608ha property was said northern property val- better financial terms, but the market around the $21m ism facility on Cape York.
($2474/ha) to the Bates fam- bought by adjoining land- ues had grown by 10-20 per with interest rates at long mark through TopX and DES bought the 131,900ha
ily, Winnathoola, Wallumbil- holders, the Lyons family. cent in 2021. term, low levels, the ad- Henry Slaney. property soon after it was
la in August. The sale price is equal to "We've never seen the vantage obtained were of- The 16,060ha Hughenden passed in for $11.3m on an
Bidding on the Elmes about $3436/ha ($1390/ market so high," Mr Hill said. ten minimal. property Sandalwood sold at online auction. The actual
family's very well developed acre), in a record for the In- "But the speed of growth "The telling time will be a Nutrien Harcourts auction sale price has not been dis-
freehold property at the Ray glestone/Meandarra district. has been more sensible. when interest rates go from for $7.2m. The value of that closed, but is understood to
White Rural auction raced to A total of six bidders were While there may still be a few 2pc to 4pc, not when a bor- backgrounding and fattening be about $11.5m.
$13m, where it was declared active at the online auction. surprising sales, there isn't rower is securing a deal, property was equal to about While the future use of the
to be "on the market". It took In the north, large-scale the silly emotion that saw which is just a couple of basis about $448/ha ($181/acre). property is still to be advised,
only a couple more minutes values increase by 35-50pc points better," Mr Hill said. The Queensland Gov- it is likely the Bramwell will
to hit $15.5m. Hughes also stepped out in last year." Other notable northern ernment's Department of becomepartofQueensland's
Also demonstrating the June paying an estimated Mr Hill said there were sales included the 36,891ha Environment emerged as the conservation estate.

Auction

Cnr Whiterock Rd & Kingaroy Cooyar Rd, Kingaroy
F 308.5 acre
Located just 6.8 Kilometres South of Kingaroy is supplied by an electrically equipped bore
with two Road frontage Quality properties pumping to a tank and troughs. The bore was
like this are rare on the market. The 308.5 acre tested to 8000 GPH when sunk. 3 phase power is
property consists of approximately 265 Acres connected. Auction if not sold prior
of cultivation the remainder of 43 Acres of Other improvements include:
grazing country. The country is red volcanic soil • 12 storage silos Former Grain Corp bulkhead – W ongarbon.
suitable for all sorts of crops such as peanuts, • 2 drying silos with Agridry diesel burners
corn ,sorghum or barley. The current owners (approx. 4 years old) R&N built D150 facility – 1 5,000 tonne capacity.
are planting forage crops and oats to fatten
and run cattle on a rotation basis. The property Situated on 2.43 ha (6 ac), 18 kms east of Dubbo.
is very well fenced with the boundary being Weighbridge, scale house, sampling platform, shed.
5 barb wire. There are 6 main paddocks with @ Kingaroy RSL White Room
some electric fencing. The yards are a set of Offers prior to Auction will be Adjacent to Mitchell Highway and Western Railway line.
steel panels with crush and loading ramp, plus considered.
a holding yard and laneway to the yard. Water John Allery - 0427 376 993 Inspections strictly by appointment, contact details below.

Kingaroy 4162 2144
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160 Haly St, Kingaroy Above information has been provided to us by the vendor. We do no a ccep r esponsibility nor
raineandhorne.com.au/kingaroy guarantee it's accuracy. Interested parties shoul d m ake their ow n e nquiries in order to
n
determine whethe o r n ot this informatio i s i n f act accurate.
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