The 764 hectare (1888 acre) Western Downs property Noondoomally has sold at auction for $3.325 million - about $4352/ha ($1761/acre).
Subscribe now for unlimited access to all our agricultural news
across the nation
or signup to continue reading
Offered by Greg Cover, three of the five registered bidders were active at the JLL Agribusiness auction, which kicked off at $2.5m.
The freehold property in the Southwood district west of Moonie has been progressively developed as a versatile grazing enterprise.
In addition to the large body of feed, there is good water and suitable infrastructure, it offers a unique opportunity to acquire a developed grazing landholding in the tightly held Moonie region.
Noondoomally is located 50km west of Moonie and 180km west of Dalby.
The property has a generally flat topography with fertile soil types.
The country comprises of predominantly cleared brigalow belah scrub, poplar box flats and coolabah areas.
A large part of the property is described as being arable, providing an opportunity to develop a mixed farming enterprise.
The securely watered property is bisected by Noondoomally Creek and has four dams.
The property has a carrying capacity of 140-150 breeders plus calves and weaners.
Infrastructure includes a well designed set of steel cattle yards and a self-contained 40 foot furnished, two bedroom ATCO accommodation unit positioned under a large machinery shed with off grid solar power.
Clayton Smith and Chris Holgar from JLL Agribusiness handled the marketing.