Dirranbandi property ‘Ballandool‘ has sold at our Ray White In-Room Auction for $6.8 million to neighbours the Gobbert family. The price equates to about $244/hectare ($99/acre). The losing bidder was a Hong Kong-based company. The 27,853ha (68,926ac) property is located 20km west of Hebel and has 5540ha of cultivation, and an additional 2428ha which could be developed for cultivation. ‘Ballandool‘ has been a dryland farming property since the sale of its water entitlement under a federal government water buy-back scheme. Improvements include a homestead, cottage, quarters, sheds and a sealed airstrip. Bruce Douglas – Ray White Rural Queensland and Mark Schwerin – Ray White Rural St George handled the sale.
We’re doing deals… introducing buyers and sellers (minus handshake!). Given the coronavirus situation, we wanted to let you know that we are open for business and actively working for our clients. All of our properties continue to be marketed and we are speaking with new buyers every day. Here is … Read more
The Queensland Government will offer three more properties, once earmarked for the former Glendower Dam project around Beaudesert and Tabragalba for sale in the third stage of the open market sales program. The properties are a combination of large agricultural holdings and lifestyle properties. The first two stages have seen … Read more