Property

Property: Mixed results for southern Qld online auctions + VIDEO

Beef Central, June 26, 2020

ONE property sold under the hammer for a competitive price, while another being offered by the same owners was passed in on a vendor’s bid in southern Queensland grazing property online auctions held on Wednesday.

Dean and Theresa Willaton, Bangor Cattle Co offered their two Maranoa properties, Tomoo and Bangor South via an online auction through Collies International.

The smaller of the two blocks, the 2070ha Bangor South located north of Mungallala, made $2.6 million (bare of stock, plant or a dwelling) under the hammer.

The buyer was described as a Central Queensland cattleman seeking additional area further south. He was one of five bidders on the holding.

Bangor South featured bottle tree country and buffel and an excellent body of feed following recent rainfall. There is an exclusion fence around part of the property, with the northern boundary fenced by the wild dog barrier fence.

The central yards sit alongside a significant dam that is equipped to extract water to a 450,000 litre ring tank that gravity-feeds to various water points across the property.

The Willlatons’ home property, 27,701ha Tomoo Station, located 85km south west of Mitchell, was passed in for $10 million on a vendor’s bid, and is now listed for private sale.

Comprising open alluvial plains, soft mulga and yellow jacket, kurrajong and poplar box woodlands, Tomoo has access to 3025ha of unfenced stock route. It has an excellent body of feed following recent rainfall.

The country is well-developed with around 80 percent cleared and sown to pasture or pulled for mulga browse and is situated within a cluster of exclusion fences.

Currently used as a beef cattle enterprise carrying 1650 cows and calves, or 2500 adult equivalents, Tomoo could be further enhanced by goats and a dorper sheep operation, agent Trenton Hindman said.

The Mungallala Creek, with permanent waterholes, runs through the middle of the property from north to south. There is also a brand-new bore (drilled in 2018) that services most of the property, together with 23 dams.

Dean and Theresa Willaton plan to retire back to Queensland’s Sunshine Coast.

 

 

 

 

 

 

 

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