“Helen Downs” Sells at Auction
Sold to: PLB Nominees (NT) Pty Ltd
Sold Price: $8.7 million under auction conditions
Located: “Helen Downs” Julia Creek, Northwest Qld.
Area: 10,062 ha or 24,865 acres
Features: Offered for the first time in 37 years. Approximately 745 head of cattle, approximately 200 sheep, plant and equipment included. Highly productive black soil downs freehold property.
Crowd attendance: Approximately 40 people attended the auction held at the Townsville RSL. Queensland property owners, bankers, valuers and rural property agents.
Significant Enquiries/Interest: Enquiries came from across Queensland, NT & NSW. Numerous inspections. Four registered bidders from Queensland & Northern Territory that actively participated in the auction. Bidding from the floor started at $4.5 million and sold under the hammer at $8.7 million.
Agent’s comment: Stockplace Marketing agent James Coates said, “We’re very pleased for the Davison Family with the result of the Helen Downs auction— it’s great to see such a transparent and successful outcome.”
Auctioneers comment: ““An excellent auction with strong participation from all registered bidders and a great result. The level of engagement throughout the auction reflected the quality of the property and the strong buyer confidence in the current market.”
Marketed by Stockplace Marketing. [email protected] Ph: 07 4741 3085
Photo supplied: L – R Luke Westaway, John & Lorraine Davison, Karena Leake, Cherie Glasgow, Sam Davison, Lindsay Davison, James Coates
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Reedybrook and Hopewell Stations Sold for Approximately $20 Million
Valley of Lagoons Aggregation Partially Sold Following Strong Market Interest
Two prominent North Queensland cattle stations, Reedybrook and Hopewell, have been sold for a combined total of approximately $20 million with additional cattle. The properties, which formed part of the renowned Valley of Lagoons aggregation, were marketed and successfully sold individually due to substantial buyer interest in their unique characteristics.
The successful vendors, Patrick and Delinda Sheahan, have transacted the properties to undisclosed purchasers, marking a significant transaction in the region’s rural property market.
Hopewell Station, the cornerstone of the Sheahan family’s cattle operations, has been held in the family for over 40 years. It has provided a foundation of reliability and stability, underpinned by secure and consistent rainfall.
Reedybrook, acquired by the Sheahan family in 2018, has been utilised for breeding and fattening cattle. “Reedybrook is a magnificent parcel of land offering wetlands, basalt country and production reliability,” commented marketing agent Luke Westaway. “Burdekin River properties like Reedybrook and the Valley of Lagoons are one of a kind.”
Valley of Lagoons, the signature property of the aggregation, remains available for sale and continues to attract interest. Featuring Burdekin River frontage, spectacular lakes and lagoon systems, tourism potential and an elegant homestead complex, the property modestly carries over 6,000 head. Offering a rare opportunity for tourism, business expansion or a standalone breeding and fattening enterprise.
For more information, please contact:
Luke Westaway, Stockplace Marketing. Ph: 0413 408 953 Email: [email protected]
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