Brisbane, 26 February 2014 – A substantial aggregation property sprawling 32,500 hectares in Queensland’s Clermont region has been listed for sale for the first time.
Located within the renowned Belyando/Mistake Creek region, 100 kilometres north of the agricultural hub of Clermont, Willesley and Laurel Hills Station comprise 15,000 hectares and 17,500 hectares of leasehold land respectively.
The expansive aggregation includes 30,000 hectares of grazing land, 1,400 hectares of irrigation 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, in conjunction with Danny Thomas and Chris Holgar, has been appointed to sell the aggregation on behalf of the Hall family, who initially drew Laurel Hills in the 1960s. The properties are being offered for sale by International Tender and are available in one line or separately.
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 with this aggregation having never been offered to the market before, we expect there to be significant buyer interest from a range of parties,” Mr Warriner said.
“One of the amazing attributes of this property is water security. In the current drought, when stock water supplies were getting low, the current owners were able to pump 5,000 gallons per hour out of five metre holes excavated by their station plant.
Due to a reasonable start to the 2014 wet season, the aggregation benefits from extensive water reserves and a good body of primarily buffel grass and quality legumes, Mr Warriner said, adding that the grazing operation maintains 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 Station and Laurel Hills Station are both 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 operations.”
The aggregation also benefits from a number of structural improvements including cattle yards, numerous stock and irrigation dams providing extensive water supply, handling facilities and several residences.
Willesley Station and Laurel Hills are located approximately 210km north of Emerald and 400km south of Townsville.
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