A 2018ha (4987 acres) portion of Rockhampton businessman Geoff Murphy’s freehold Marlborough property Durando sold soon after an auction at Gracemere today (Tuesday).
Marketing agent Howard Mills, Rural Property Services, said the Brigalow River Block was initially passed in on an auctioneer’s bid of $2.5 million. The property then sold soon after the close of the auction to a local landholder.
Two other lots offered by Mr Murphy remain on the market.
Durando Homestead, which covers 189ha (467 acres), was passed in on an auctioneer’s bid of $750,000 and was subsequently listed for sale at that figure.
Marine Block, which covers 2139ha (5286 acres), was passed in on an auctioneer’s bid of $2.3m and was subsequently listed for sale at the lower level of $2m.
The well developed developed property has been owned by Mr Murphy, a former chairman of Beef Australia, for some 15 years.
The Durando Homestead block is described as top quality creek flats fronting the southern side of Amity Creek between Wilangi and Granite Vale. This block features the Durando homestead which has a magnificent view overlooking a big lagoon to the north. There is also a drafting yard and machinery shed.
The Marine Block is the northern part of the main holding and comprises mainly of top quality marine plains running back to higher areas of good quality coastal forest. The block has four main paddocks and three holding paddocks. There is a large set of drafting yards with B-Double access.
The Brigalow River Block is fenced into five main paddocks. It is watered by a string of lagoons down the eastern side. The block is predominantly improved brigalow country with lesser areas of coastal forest and marine plain. The majority of this country has been treated with a cutter bar in the past five years.
Contact Howard Mills, 0418 220 464, Rural Property Services.