Yandina, Nulgra Downs make $31.5 million

CQ's Yandina, Nulgra Downs aggregation make $31.5 million

Property News
CENTRAL QUEENSLAND: The Orion district aggregation Yandina and Nulgra Downs has sold at an Elders auction for $31.5 million.

CENTRAL QUEENSLAND: The Orion district aggregation Yandina and Nulgra Downs has sold at an Elders auction for $31.5 million.

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The Orion district aggregation Yandina and Nulgra Downs has sold at an Elders auction for $31.5 million.

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CENTRAL Queensland's renown Yandina and Nulgra Downs aggregation at Orion has sold for $31.5 million at an Elders auction.

The buyers were Roger, Roslyn and Cooper Nobbs, Wingara, Moura, who paid the equivalent of $3710/ha ($1502/acre).

Marketing agent Virgil Kenny, Elders Rockhampton, said four of the eight parties which registered to bid were active at the auction. About 80 people attended the auction.

The aggregation covers 8490 hectares (20,979 acres) and has been carefully developed over three generations to the outstanding property it is today.

The Yandina, Nulgra Downs aggregation covers 8490 hectares (20,979 acres).

The Yandina, Nulgra Downs aggregation covers 8490 hectares (20,979 acres).

Yandina covers 6881 hectares (16,979 acres) was bought by the Wells Family in 1949. The adjoining 1619ha (4000 acre) property Nulgra Downs was purchased in 1994.

The aggregation comprises of open black soil downs, developed brigalow, bottletree and bonewood softwood scrub interspersed with large areas of gidyea, belah, wilga and bauhinia.

There is about 840ha (2075 acres) of excellent alluvial soils adjacent to the 10km frontage of the Comet River.

The entire property - except for shade camps and water courses - has been developed to improved pastures of buffel, green panic, bambatsi, purple pigeon and under sown to butterfly pea and selected stylos.

Currently there is 1460ha of cultivation on Yandina and a further 1019ha of cultivation on Nulgra Downs plus 140ha of established leucaena. An additional 1250ha of farmed country has been returned to improved pasture.

There are nine bores, two dams, numerous lagoons, and a frontage to the Comet River.

Currently there is 1460ha of cultivation on Yandina and a further 1019ha of cultivation on Nulgra Downs.

Currently there is 1460ha of cultivation on Yandina and a further 1019ha of cultivation on Nulgra Downs.

Yandina is divided into 23 main paddocks and five holding paddocks serviced by laneways servicing two sets of cattle yards. Nulgra Downs has seven main paddocks and three holding paddocks.

Improvements on Yandina include a four bedroom homestead, a three bedroom manager's residence, cottage, machinery shed, workshop, hay shed, and fuel storage.

An all-weather road services the bulk grain handling facility. There are four 210 tonne elevated silos with an interconnected auger. There is also a new 780t flat bottom silo, a 30t silo and a 25t poly fertiliser silo.

Contact Virgil Kenny, 0427 334 100, Elders.

MORE READING: 'Running Creek's Glenapp a proven beef powerhouse'.

The story Yandina, Nulgra Downs make $31.5 million first appeared on Queensland Country Life.

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