Property

Established Qld cattle feedlot back on the market

Beef Central, 30/11/2016

KIMALO Feedlot in far north Queensland has returned to the market with Colliers International, after a long-running sale agreement fell through.

kimalo-feedlot

Kimalo’s extensive infrastructure include a 10,000 head feedlot licence, 64 holding pens, 70t weighbridge, grain and commodity shed as well as grain and liquids, silo, roller mill and silage pit

Located near Mareeba, the 220 hectare site was purpose built to accommodate 10,000 head of cattle with room to expand to 20,000.

It was purchased by sugar enterprise MSF Sugar as part of a larger land parcel. After the development of the surrounding county to sugar farming, the feedlot infrastructure and balance of land is are surplus to the company’s requirements and is now for sale.

Kimalo is strategically positioned between three key cattle breeding areas – Cape York, lower Gulf of Carpentaria and northwestern Queensland – and ideally located to access cattle that are presently transported long distances to southern feedlots or slaughter.

According to Colliers, the feedlot could well fill a current market void.

“The extensive infrastructure and approvals include the 10,000 head feedlot licence (expandable to 20,000), 64 holding pens, 70 tonne weighbridge, grain and commodity shed as well as grain and liquids, silo, roller mill, silage pit, 150ML water allocation with water storage and infrastructures, plus easy access to local sale yards and the live export transport route,” marketing information says.

Managing director Cairns, Stacey Quaid and National Agribusiness specialist, Rawdon Briggs, who have been appointed to sell the property, anticipate the property will be well received.

“The property has been effectively on-hold for some time due to a previous sale agreement, however, as that sale has failed, the owners have instructed the property be formally offered via a national campaign to establish its market value,” Mr Briggs said

  • Kimalo Feedlot is being offered for sale by tender closing Thursday 08 December.

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