THE 1266 hectare (3128 acre) Central Queensland property Nirvana has sold at auction for $7.2 million - the equivalent of $5687/ha ($2302/acre).
The buyers were Peter Black and Leeanne Comiskey, Alpha, who were one of the four parties bidding on the property. A total of 11 bid cards were issued prior to the auction.
Located 38km north north east of Moura, Nirvana was offered Ray Gillies, whose family had held the property since 1937.
The freehold block is described as a solid mix of gently undulating brigalow and softwood scrub country running to areas of scattered blackbutt.
Nirvana has been fully developed, pulled, raked and burnt except for shade clumps.
The carrying capacity is estimated at 340-380 breeders with progeny to weaning.
Nirvana is divided into seven main paddocks and one holding paddock, all serviced by laneway system leading to a solid set of cattle yards.
There is an old timber three bedroom cottage and a machinery. Some plant and equipment was included in sale.
The marketing of Nirvana was handled by Virgil Kenny, Elders.
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