Darling Downs irrigation property Tosari has sold at an Elders auction for $9 million.
THE blue chip Darling Downs irrigation property Tosari has sold at an Elders auction to the neighbouring Yarrow Family, Swainston Farming Co, for $9 million.
Offered by Wayne and Leanne Ziesemer, the 404 hectare (998 acre) Norwin property features 352 hectares of deep black, vertosol type soils.
The sale price is equal to about $22,227/ha ($9018/acre). Two of the four four registered parties made bids on the property.
The property also has a 250 megalitre irrigation license, and a 600ML storage dam and sump. There are three irrigation bores, with a combined pumping capacity of 9ML/day.
All of the cultivation country has been levelled and has only only been used to grow cereal crops for the past 10 years.
The homestead is a spacious lowset, four bedroom family home positioned in a delightful shaded setting.
Other structural improvements include a 21x9m machinery shed, 20x8m machinery shed, 16x15m drive through machinery storage shed, two raised floor barns, eight 95 tonne silos, and a 25t fertiliser silo.
The marketing of Tosari was handled by Trevor Leishman, Elders, Toowoomba.
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