Eidsvold’s Glencoe sold after auction

Eidsvold cattle property Glencoe in demand


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The Eidsvold cattle property Glencoe sold immediately after it was passed in for $5.5 million at an auction today.

THE strength of the Central Queensland rural property market was on clear show this morning with the Eidsvold cattle property Glencoe selling immediately after it was passed in for $5.5 million an auction today (November 30).

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SOLD: Glencoe was sold immediately after being passed in for $5.5 million at an auction in Eidsvold this morning.

SOLD: Glencoe was sold immediately after being passed in for $5.5 million at an auction in Eidsvold this morning.

Marketing agent Mike Barry from Shepherdson and Boyd said the 8181-hectare (20,126 acre) property was subsequently sold for an undisclosed, higher figure.

Glencoe was offered by the Connolly family. The buyer was well-known Central Queensland cattle producer Cameron McIntyre, Mount Mt Booroomen, Moura.

At the passed in figure of $5.5m the sale is equal to about $672/ha ($273/acre).

Four of the eight parties which registered to bid were active at the auction in the Eidsvold Bowls Club. 

Glencoe is estimated to carry 700-800 breeders with progeny to 18 months.

Glencoe is descibed as a very well watered property located 75km north west of Eidsvold.

Glencoe is descibed as a very well watered property located 75km north west of Eidsvold.

Located 75km north west of Eidsvold, Glencoe is described as quality, gently undulating open forest running to more timbered areas. The bottle tree scrub country grassed predominately with buffell with Rhodes grass and green panic. The property is currently carrying a heavy body of feed.

Glencoe is very well watered by the Glencoe Creek, seasonal watercourses, 10 bores supplying tanks and troughs, and six dams.

The property is fencing into 13 main grazing paddocks and nine holding paddocks. 

Glencoe is very well watered by the Glencoe Creek, seasonal watercourses, 10 bores supplying tanks and troughs, and six dams.

Glencoe is very well watered by the Glencoe Creek, seasonal watercourses, 10 bores supplying tanks and troughs, and six dams.

Improvements include a three bedroom home, cottage, sheds, timber cattle yards, stables and saddle shed, a 500 head feedlot, a 500m airstrip. 

The marketing agents were Mike Barry and Vince O’Brien from Shepherdson and Boyd.

The three bedroom homestead on Glencoe.

The three bedroom homestead on Glencoe.

The story Eidsvold’s Glencoe sold after auction first appeared on Queensland Country Life.

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