CENTRAL Queensland's rural property market continues to show renewed confidence with the noted Rolleston property Wildhorse selling under the hammer for $9 million today.
The 4574-hectare (11,302 acre) property was bought by established cattle producers Graeme and Sue McDonald, Albeni, Springsure, at an auction in Emerald.
The sale is equal to about $1967/ha ($796/acre) and was considered an excellent result for vendors Kim and Karen Mayne.
Marketing agent Gary Bishop, Hourn and Bishop Queensland, said Wildhorse had attracted strong interest.
"All the signs were there that the Wild Horse auction would be something special," Mr Bishop said.
"We has 11 parties registered to bid in the week before the auction."
The Wildhorse sale follows on from last week's stellar sale of the 1808ha (4467 acre) Taroom property Windrush for $4.8m.
The sale of that highly improved buffel grass property by was equal to $2655/ha ($1075/acre).
Windrush was bought by Peter and Ben Morgan from Dalby who also own adjoining country in the Taroom district.
The Mayne family bought Wildhorse in 1975. The country is predominantly developed brigalow, belah and blackbutt country grassed with buffel, with the balance being a small area of poplar box and ironbark and about 135ha of wetlands.
The property watered by the wetlands, 10 dams, 10 tanks and 20 troughs, and is fenced into 12 main paddocks and laneways to the main cattle yard.
Extensive improvements include the main steel cattle yard and a second set of steel yards at the homestead complex.
There is a nationally recognised floodlit cutting arena, as well as an entertainment building and associated cattle-handling facilities, and a number of sheds.
The four-bedroom homestead is set in shaded gardens and has an outdoor entertainment area and cold room. Wildhorse also has a 1.4km all-weather airstrip with a new hangar.
Mark Phelps
Editor-in-chief of Queensland Country Life.
Editor-in-chief of Queensland Country Life.
