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  • Clermont aggregation offers scale, diversity and unlimited potential to the market in 2016

Clermont aggregation offers scale, diversity and unlimited potential to the market in 2016

7 January 2016
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Brisbane, 08 January 2016 – More than 32,000 hectares of premium agricultural land in the heart of Queensland’s Clermont region is to be presented to the market for sale in January 2016.

Located within the renowned Belyando/Mistake Creek region, approximately 100 kilometres north of the agricultural hub of Clermont, Willesley and Laurel Hills comprise 15,000 hectares and 17,500 hectares respectively.

The expansive aggregation includes 30,000 hectares of grazing land, 1,400 hectares of irrigation for row cropping with potential for expansion to in excess of 3,000 hectares, and a 5,000 head Standard Cattle Unit feedlot, also with capacity to more than double in size.

CBRE’s Geoff Warriner and Chris Holgar in conjunction with Queensland Rural’s Peter MacPherson have been exclusively appointed to sell the aggregation on behalf of the Hall family, who initially drew Laurel Hills in the 1960s.

Mr Warriner said the aggregation represented a rare opportunity to secure an expansive agriculture operation of scale and diversity.

“Opportunities to acquire such an extensive aggregation as this in the renowned agricultural region of Clermont are few and far between, and as a result, we expect there to be significant buyer interest from a range of parties,” Mr Warriner said.

The aggregation also benefits from extensive water reserves and a good body of primarily buffel grass and quality legumes, which is further enhanced by a grazing operation that has historically maintained a carrying capacity of approximately 12,000 head of feeder type cattle.

Mr Holgar said the aggregation was located in close proximity to commodity markets and possessed significant scope for expansion in all aspects of the business.

“Willesley and Laurel Hills are high quality properties that accommodate a range of agricultural operations including irrigated and dry land farming, grazing and feedlotting,” Mr Holgar said.

“The properties are also supported by extensive water infrastructure, bisecting sealed highway – Gregory Development Road - and a variety of land soil types that lend themselves to a range of agricultural pursuits.”

Willesley and Laurel Hills are located approximately 210km north of Emerald and 400km south of Townsville.

 

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About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.​

 

 

 

 

 

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