"Glendower" Sells at Auction
Sold to: Patrick & Edwina Hick, Arygle Pastoral Julia Creek Qld.
Sold Price: $39.6 million under auction conditions
Located:“Glendower” Prairie, Northwest Qld. (22km North-West of Prairie)
Area: 32,250 ha or 79,691 acres
Features: Glendower is an exceptional breeding and fattening property, offered to the market for the first time in 36 years. This premium freehold cattle enterprise combines scale, diversity, and immediate cash flow potential. The property showcases a rich mix of land types, a diverse range of grass and timber species, and a high-quality Angus-cross cattle herd.
Crowd attendance: Over 80 people attended the auction held at The Ville Casino, Townsville. including Queensland rural property owners, investment companies, bank representatives, valuers and rural property agents.
Significant Enquiries/Interest: Enquiries came from across Queensland, Northern Territory & New South Wales. Numerous inspections. 8 registered bidders from Queensland & Northern Territory with multiple active bidders.
Agent’s comment: Stockplace Marketing agent Ashley Naclerio said, “Great to see a fabulous result for our vendors Clive and Larine Poole. It was a well-supported auction which highlights the strength in the rural property market and the calibre of property.”
Vendor Comment: “We are thrilled with the outcome of today’s sale. We acknowledge the strength in the market and appreciate the buyer’s support. Glendower is a unique property and is a wonderful home. We wish all the success to the new owners.” said Larine Poole.
Windlab Spokesperson comment: Windlab congratulates the new owners of Glendower, host property for the fully approved Prairie Wind Farm project and looks forward to working closely with them on its continued development. “With strong renewable energy opportunities ahead, the future for the Flinders region is bright.”
Auctioneers comment: “It was a very well attended auction of industry representatives with lots of registered bidders that saw a great result after spirited bidding,” said Auctioneer Philip Black.
Marketed by Stockplace Marketing. [email protected] Ph: 07 4741 3085
Photo supplied: L – R Ashley Naclerio Stockplace Marketing, Clive & Larine Poole, Edwina & Patrick Hick and Luke Westaway Stockplace Marketing.