Nimboy offers beef, carbon cash flow

Nimboy carbon contracts deliver cash flow

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ON THE MARKET: The 52,245 hectare South West Queensland property Nimboy is on the market through Colliers International.

ON THE MARKET: The 52,245 hectare South West Queensland property Nimboy is on the market through Colliers International.

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South West Queensland beef property Nimboy is being offered with carbon abatement contracts in place.

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NIMBOY, a 52,245 hectare (129,100 acre) South West Queensland beef property with carbon abatement contracts in place, is generating plenty of interest.

Located 118km west of Charleville, the property has the benefit of producing a reliable cashflow in all seasons through its carbon abatement contracts. Nimboy is also estimated to run about 1100 breeders.

Offered by the Andrews family, the property has a good supply of young mulga, gidyea country, buffel grass, annual grasses and herbages on soils that range from red loams to black soil.

Improvements on Nimboy include new steel cattle yards.

Improvements on Nimboy include new steel cattle yards.

Nimboy is described as well watered with a main bore at the house supplying multiple waters. There are also a number of good dams. Opportunities are said to exist to increase the productive capacity with additional water points.

Improvements include quality new steel cattle yards, sections of new fencing including 30km of exclusion fencing, a four bedroom homestead, double garage, cottages, quarters, and large new six bay shed.

Nimboy is described as having a good supply of young mulga.

Nimboy is described as having a good supply of young mulga.

Ben Forrest, Colliers International, said Nimboy represented a great opportunity to acquire an asset that generates multiple forms of cashflow regardless of rainfall. 

Cattle and plant are also available for sale.

The property is being offered for sale through an by expressions of interest process, which closes on October 20. 

Contact Ben Forrest, 0427 580 000, or Jim Guilfoyle, 0407 705 733, Colliers International Brisbane.

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