Denlo Park, Cedar Park sold at auction

Burnetts buy both Denlo Park and Cedar Park


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David Buckley, Ray White Rural Emerald, solicitor Margo Purcell, Purcell and Associates, Emerald, Russell Lindley, Ray White Rural Emerald, Beth Burnett, Colorada Cotton, Emerald, Vern Ezzy, Suncorp Emerald, and Nigel Burnett, Colorada Cotton, Emerald.

David Buckley, Ray White Rural Emerald, solicitor Margo Purcell, Purcell and Associates, Emerald, Russell Lindley, Ray White Rural Emerald, Beth Burnett, Colorada Cotton, Emerald, Vern Ezzy, Suncorp Emerald, and Nigel Burnett, Colorada Cotton, Emerald.

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Nigel and Beth Burnett have paid $4.35 million for Denlo Park and $4.6 million for Cedar Park at Springsure.

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EMERALD farmers Nigel and Beth Burnett have paid $8.95 million for the prime Springsure properties Denlo Park and Cedar Park at a Ray White Rural auction in Brisbane today.

Offered by the receivers and managers of Springsure Property Holdings, the Burnett’s paid $4.35 million for Denlo Park and $4.6 million for the nearby Cedar Park.

The properties were purchased by Springsure Property Holdings parent company Bandana Energy in 2014, as part of a proposed mine development. The farming country was subsequently leased to local farmers.

The losing bidder on both properties was a Goondiwindi district irrigator.

SPRINGSURE: Nigel and Beth Burnett paid $4.35 million for Denlo Park and $4.6 million for Cedar Park.

SPRINGSURE: Nigel and Beth Burnett paid $4.35 million for Denlo Park and $4.6 million for Cedar Park.

Denlo Park covers 2230 hectares (5510 acres) and is located about 34km north east of Springsure and 61km south east of Emerald. 

There is 1762ha developed for farming of which 747ha has been developed for furrow irrigation. The overland flow irrigation system was developed some 15 years ago and is considered one of more functional schemes developed on the Central Highlands. There is 5800 megalitres of water storage. 

Infrastructure on Denlo Park includes a homestead, second house, two cottages, sheds, fuel storage and silo complex.

The silo complex on Denlo Park.

The silo complex on Denlo Park.

Cedar Park covers 2906 hectares (7181 acres) and is located 34km north east of Springsure.

There is 2500ha of developed contoured farming country. 

Improvements include three bedroom air-conditioned home, quarters, sheds, office, and silo complex.

The Burnetts trade as Colorada Cotton are based at Colorada and Langley Downs, Emerald.

The marketing of both properties was handled by Russell Lindley and David Buckley from Ray White Rural Emerald.

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