“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
