Carbon credits: Nimboy listed for $2.7m

Charleville's Nimboy listed for $2.7m

Property
ON THE MARKET: The Wyandra property Nimboy is being offered with carbon abatement contracts in place for $2.7 million.

ON THE MARKET: The Wyandra property Nimboy is being offered with carbon abatement contracts in place for $2.7 million.

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A South West Queensland with carbon abatement contracts in place has been listed for $2.7 million.

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NIMBOY, a 52,245 hectare (129,100 acre) South West Queensland beef property with carbon abatement contracts in place, is on the market for $2.7 million following an expressions of interest process. 

Located 118km west of Charleville, the property has the benefit of producing about $1.1m in income through its carbon contracts over the next nine years. 

Nimboy has an excellent set of steel cattle yards.

Nimboy has an excellent set of steel cattle yards.

Nimboy is also a serious beef operation, estimated to run about 1100 breeders plus progeny.

Cattle and plant are available by negotiation.

Offered by the Andrews family, the property has a good supply of young mulga, gidyea country, buffel grass, annual grasses and herbages on soils that range from red loams to black soil.

Nimboy is described as well watered by one main bore at the house which pumps 12,000 litres per hour to a 260,000 litre tank for gravity feed to multiple waters. Multiple dams also exist on good catches and are said to be rarely dry. Opportunities to increase capacity also exist through an expansion in the number of water points.

Nimboy, Charleville. - Google Maps.

Nimboy, Charleville. - Google Maps.

Opportunities are said to exist to increase the productive capacity with additional water points.

Improvements include quality new steel cattle yards, sections of new fencing including 30km of exclusion fencing on the northern boundary, a four bedroom homestead, double garage, cottages, quarters, and large new six bay shed.

Ben Forrest, Colliers International, said Nimboy represented a great opportunity to acquire an asset that generates multiple forms of cashflow regardless of rainfall. 

Cattle and plant are also available for sale.

The property is being offered for sale through an by expressions of interest process, which closes on October 20. 

Contact Ben Forrest, 0427 580 000, or Jim Guilfoyle, 0407 705 733, Colliers International Brisbane.

The story Carbon credits: Nimboy listed for $2.7m first appeared on Queensland Country Life.

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