A DISTRICT property record beast area record has not been ruled out when impressive Central Queensland bullock fattening depot, Redcliff is put to auction in Rockhampton next month.
The well-improved 6917ha (17,000ac) brigalow and associated scrub country property is located in the very tightly held Middlemount district.
Redcliff has been owned by the Hood family since 1972, with Michael and June Hood purchasing the holding outright from their family in 1980.
Located about 20km southeast of Middlemount in dress-circle bullock fattening country, Redcliff is well developed with buffel, green panic and rhodes grasses and areas of butterfly pea. The balance is tableland forest county with mainly spear grass, kangaroo grass with areas of buffel and seca stylo.
The previous record-high for Middlemount country was set by Inga Downs, which sold for $12.1 million four years ago, in May 2014. The 7550ha Inga Downs property boasted good water infrastructure and pasture development and was consistently carrying between 3500 and 4200 head of cattle. At the time, Elders selling agent, Virgil Kenny, said the sale equated to around $650/acre, or $1600/ha bare.
Although it has only just been placed on the market, agents for Redcliff, Hourn & Bishop Qld, are confident that the property could set a new local record at auction in Rockhampton on 12 April. Recent widespread rain has delivered a big body of feed, setting the property up perfectly for inspections in coming weeks.
Agent Gary Bishop said the property would provide a good test of the early 2018 cattle property market in Central Queensland.
“We’re anticipating wide inquiry, both from local producers looking to expand, and outside interests,” he said.
“This Middlemount area is just so tightly held, and blocks like Redcliff offer a level of scale not found in nearby areas like Moura,” he said.
“Inga was a great sale four years ago, but this is a bit of a different market,” Mr Bishop said. “It will be really interesting to see how Redcliff goes, because it’s a genuine sale of a well-improved property in a great area, and enjoying an excellent season.”
Redcliff is watered by ten dams, including eight equipped with turkey nests and troughs. Eleven paddocks are serviced by a centrally located set of steel cattle yards with a double-deck loading ramp.
Vendors, the Hood family has used Redcliff as a dedicated bullock-fattening depot, fed by Brahman cross breeding properties further north.
The main homestead is a spacious three-bedroom, three bathroom home surrounded by pleasant gardens. The second house is a high-set three bedroom hardwood timber home. There are also two large machinery sheds and a hay shed. Also included is a 1000 metre airstrip with a 600 metre cross-strip and a good aircraft hangar. The property has all weather access to the Fitzroy Development Road.