THREE large farms with big skies and rolling farmland fetched over $16million under the hammer in Brisbane Friday morning.
Sunnyside in Esk – made up of a massive 21 adjoining surveyed lots, with a total land area of 2,339.85 hectares – was the biggest prize of the day, selling for a massive $10m.
Agent Jez McNamara of Ray White Rural Queensland told The Courier-Mail that it was a new benchmark for large grazing properties in South East Queensland.
“It’s been owned by the same family for four generations, they’ve built on it. It was tough decision to sell but it was time to wind up the family partnership and move on. It’s a stunning property and less than an hour from the Brisbane CBD,” he said.
The property hit the market for the first time in 33 years and includes 27 earth dams, bore, well, seasonal creeks and gullies, and also has town domestic water and access to mains water for stock water.
“Whether you wish to breed, feed-on or fatten there is easy access to cattle sale yards, feedlots and abattoirs all less then half an hour away.”
With the property at 3872 Gatton Esk Road, Esk, located so close to Brisbane, it also had potential for future subdivision subject to council approval.
Another farm “Galloway Downs” at 193 Macaulay Road, Tansey, fetched $4.3m at auction Friday morning.
The property was made up of eight titles with 360 acres of blue gum creek flats used for cropping, with the balance used for grazing.
It’s located 25km from Goomeri, just 70km from Gympie and 250km from Brisbane, according to its listing by agents Ian Newson and Janelle Duffin of Ray White – Mundubbera.
The property has a six bedroom country homestead that overlooks grazing land.
They were also responsible for the third successful auction which involved a property called Boonimba” in Windera – 50km from Goomeri and 105km from Gympie.
It had a triple whammy of wilderness, cattle and timber, all potential income sources and sold for $2.4m.
Set over 2,602hectares, it was listed as having “immediate cashflow from mature trees and income for decades to come from younger trees under Managed Hardwood Program” and also has a herd included in the sale with stunning scenery perfect for tourism options.
The property had over 6km of frontage to Barambah Creek and access to a stunning gorge, as well as lava flows, diverse native flora and fauna and potential for an eco-tourism retreat.
Source: www.news.com.au