THE 83 hectare (205 acre) Howletts Road farm at Alloway sold under the hammer for $1.8 million to a local Bundaberg farming family.
The price is equal to about $21,687/ha ($8780/acre).
Marketing agent Baden Lowrie, Elders Bundaberg, said the property had created plenty of interest during the course of the marketing campaign, particularly macadamia Industry given the farm’s soil types and water security.
There are 96 and 240 megalitres water licences from the Elliott River. Underground mains and hydrants traverse the farm.
The farm has 53ha of cultivation and 10ha with 1770 avocados, 391 mangoes, 61 custard apples irrigated by under tree drippers. The balance of the land is undeveloped timbered country.
Improvements include a home, cottage and sheds. The farm is about 14km from Bundaberg.