THE Queensland Government's Department of Environment and Science has emerged as the buyer of Bramwell Station, a cattle stations and eco tourism facility on Cape York.
DES bought the 131,900 hectare (325,932 acre) soon after if was passed in for $11.3 million on an online auction. The actual sale price has not been disclosed, but is understood to be about $11.5m.
A statement issued by DES says the government is continuing to progress discussions and contractual arrangements with the vendor on Bramwell Station.
"We will have more to announce once that is finalised," the statement says.
Positioned as the last stop before the tip of Cape York at the start of the famous Old Telegraph Line four-wheel-drive track, Bramwell was offered by Wendy Kozicka and Vince Bowyer, who have owned the property for the past 20 years.
The offering includes multi-income streams from cattle, a tourist park, roadhouse and carbon credits. There is about 55,000ha of country divided into 11 paddocks.
Bramwell's carbon credit scheme generates more than of $150,000 a year in income.
The marketing of Bramwell Station was handled by Geoff Warriner, JLL Agribusiness, and Andrew Adcock, Adcock Partners.
Want daily news highlights delivered to your inbox? Sign up to the Queensland Country Life newsletter below.
Sign up for our newsletter to stay up to date.