Negotiations are continuing on the Quilpie district property Canaway Downs, after it passed-in at $8 million, at auction in Toowoomba, on Friday.
Canaway Downs is owned by Scott Turner, who has owned it since 1987 and is now looking to retire.
This property has exceptional scale and is quality country consisting of 93,357 hectares (230,685 acres) located 109 kilometres north-east of Quilpie.
The country is well suited to a mixed grazing operation, or equally lends itself to standalone sheep or cattle enterprises.
Mr Turner ran both sheep and cattle until the mid 2000s, before converting to an all cattle operation, and then coming back into wool production.
“This property has been very kind and given some excellent returns, which has allowed me to re-invest back into improving infrastructure,” Mr Turner said.
Canaway Downs has a good mixture of grasses including Mitchell, Flinders, bluegrass and herbages. The dominant timbers include gidyea, boree, and mulga with coolabah along the creeks.
Water is sourced water from a private on-property bore, which feeds 200km of pipeline throughout the property to each paddock feeding through troughs and tanks at a peak pressure of 800Kkpa. Other additional water supplies are from dams and the Conna Conna and Bulgaroo creeks.
Canaway Downs is a member of a cluster fence group, protecting about 540,000 acres of country. There is 133km of the fence situated on Canaway Downs.
“Scott Turner has embarked on an extensive watering and fencing program with the vision of improving the overall management of Canaway Downs,” GDL selling agent Andrew McCallum said.
“It represents the opportunity to acquire a versatile operation with significant scope for expansion.”
All improvements are in good condition and include a large four bedroom air-conditioned homestead in established lawns and gardens, a second air-conditioned home, two shearing sheds and yards, shearers’ quarters, two sets of cattle yards, air hangar, machinery shed and workshop, and 1200m air strip.
- Contact GDL selling agents Andrew McCallum 0427 581 889 or Tony Lilburne 0458 562 550.