Pony Plains sold at auction

Wandoan's Pony Plains sold at auction

Property
WANDOAN: Pony Plains has sold at a Colliers International auction for $13.3 million.

WANDOAN: Pony Plains has sold at a Colliers International auction for $13.3 million.

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Wandoan property Pony Plains has sold at a Colliers International auction for $13.3 million.

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WANDOAN property Pony Plains has sold under the hammer for $13.3 million.

The 4004ha (9894 acres) cattle property has an estimated carrying capacity of about 2000 adult equivalents and a significant income from gas.

The sale price is equal to about $3322/ha ($1344/acre). 

Pony Plains has a carrying capacity of about 2000 adult equivalents.

Pony Plains has a carrying capacity of about 2000 adult equivalents.

In addition to coal seam gas production wells, the property has the 200 person Pony Plains Village and a water take agreement.

Marketing agent Trenton Hindman said Pony Plains was a strategically located, institutional grade asset offered with a 10 year lease back.

In addition to coal seam gas production wells, the property has the 200 person Pony Plains Village and a water take agreement.

In addition to coal seam gas production wells, the property has the 200 person Pony Plains Village and a water take agreement.

Pony Plains has mostly open grasslands with shade lines. The soils are a mix of loamy duplex types and self-mulching cracking clays.

Most of the property is rated category X on the vegetation map. 

Pony Plains covers 4004 hectares.

Pony Plains covers 4004 hectares.

The marketing of Pony Plains was handled by Trenton Hindman and Simon Beirne from Colliers International. 

RELATED STORY: 'Corfield's Thordale ready for cattle'. 

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