Rural property agents have reported positive results with the sale of various cattle properties in the north and central west of Queensland recently.
Charters Towers couple, Shane and Kylie Stretton, paid $2.2 million for the local district property Red Hill. Red Hill consists of 4413 hectares and was offered for sale by vendors Don and Shawn Lang.
Selling agent Matt Geaney, Geaney’s Rural Property, Charters Towers, said the sale of Red Hill generated really good enquiry with four registered bidders attending the auction.
In central Queensland, David and Kate Moller have bought the Blackall district property Athol from Michael and Danielle Butler for an undisclosed price, which is believed to be in excess of $22 million.
Athol Station consists of 36,275ha and is organically accredited. It can run 3500 breeders and weaners or 6000 backgrounding cattle. The Butler family bought Athol from the estate of the late Arthur Earle in 1998.
An excellent season over most of Athol and its organic status were added attractions for the Moller family to buy the property.
Michael and Danielle Butler will now relocate to a smaller property further south.
Bruce Douglas, Ray White Rural confirmed the Blackall district property, Tarbarah consisting of 10,265 hectares was withdrawn from auction last Friday.
“We exchanged a confidential sale contract with a New South Wales party about half an hour before the auction,” Mr Douglas said.
Tarbarah was offered by Randal and Rachel Noble and consists of 10,266ha. It was promoted as one of the Blackall district’s finest properties.
Negotiations are continuing on the the Allpass family’s proven and strategically located property, The Patrick, near Barcaldine after it was passed in at auction last Friday.
Selling agents, Elders, report they are in discussions with several interested parties including new players.