A Habana property was sold for a whopping $7.3 million dollars by auction last Friday in a new local record for real estate, claimed by Blacks Real Estate Rural.
Blacks real estate agent Royce Dunn oversaw the auctioning at Ocean International which ended with Bill and Margo Fordyce scooping up the property.
‘Constant Creek’ in Habana is an impressive cattle grazing and cropping property 28 kilometres outside Mackay, covering a mammoth 676 hectares, or 1670 acres. It also boasts 59.88 hectares of irrigated cropping.
The property houses several kilometres of estuary frontage, leading to a potential for aquaculture to crop up on the site, as well as approximately 300 acres of potential cultivation with very little preparation – it’s a location rife for the picking or the fishing.
The whopping land has five titles, with an unformed, gazetted road running through, and multiple magnificent sites for a home, or several.
Mr and Mrs Fordyce are both local graziers, leading to speculation that the property will most certainly house its fair share of cattle.
There are several bodies of water on the property, meaning free water for irrigation, and the already well-maintained fencing and yards are perfect for cattle grazing.
Mr Dunn, the agency's Rural Specialist and Director, sold the property on February 18 in an auction in Mackay, with 10 registered bidders interested on the day.
The group of interested parties spanned from the Northern Territory down to the southern states of the country.
“I think if it’s not some sort of a record for a small grazing property, it must be close,” Mr Dunn said
“I think mainly [the price is due] to market conditions which we see at this time is very buoyant; a convergence of very, very good conditions in the values of cattle and cattle properties has led to this.
“We were very, very pleased to have received the instructions to market an incredible property and we congratulate the Fordyce Family in their purchase and wish them all the best.”
The property will be used for cattle grazing
Just some of the enormous property near Mt Blackwood
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