NATIVE Bee, a multi-titled property covering 7127 hectare (17,610 acre) on the doorstep of Clermont sold under the hammer for $2.35 million at an auction in Clermont on Tuesday.
The buyers were Will and Susan Appleton, Clermont.
Native Bee was selectively developed by the Appleton family since an initial purchase in 1956 and was sold to finalise the estate of the late Bill and Dorry Appleton.
Marketing agent Tony Wilkinson, Hoch and Wilkinson, said four of the six parties that had registered to bid were active at the auction.
The late Bill Appleton was a highly regarded cattleman with a reputation for producing quality prime spayed cows and heifers.
Located on the doorstep of Clermont, Native Bee is in 21 freehold titles and is seen to have other commercial opportunities in addition to being a successful grazing enterprise.
There are eight main paddocks, holding paddocks and a laneway to the yards. The property ranges from alluvial creek flats and hollows to cleared and thinned undulating forest country rising to ridges and tops.