Brisbane River property makes $850,000

Brisbane River property with water makes $850,000

Property News
COLLIERS INTERNATIONAL: A 83 hectare property between Lowood and Fernvale with a 40ML water licence has sold at auction for $850,000.

COLLIERS INTERNATIONAL: A 83 hectare property between Lowood and Fernvale with a 40ML water licence has sold at auction for $850,000.

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A 83 hectare property between Lowood and Fernvale with a 40ML water licence has sold for $850,000.

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AN 83 hectare (205 acre) property positioned above the Brisbane River has sold at a Colliers International auction for $850,000.

Located between Lowood and Fernvale the property comprises of four lots and has northern views from Mount Hancock.

The buyer was locally based Kerry and Anthony de Ruiter, A&M Civil Contracting, Fernvale.

The 83 hectare property comprises of four lots.

The 83 hectare property comprises of four lots.

Four parties had registered to bid at the auction in Brisbane, following some 400 inquiries.

The main entry is a 22m frontage on Glamorgan Vale Road. The three adjoining lots have direct access to the Brisbane Valley Rail Trail, including a small parcel of land on the banks of the Brisbane River where the access to the water licence is granted.

The marketing of the property was handled by Peter Uebergang, Colliers International.

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