Seloh Nolem sells for 10.25 million at auction
CBRE Agents Geoff Warriner, Chris Holgar Danny Thomas
Property sells for 10.25 million at auction at the Rockhampton leagues club yesterday agents CBRE Geoff Warriner, Chris Holgar Danny Thomas were pleased with the result which breaks down to $482 per acre and approx. $3,660 a beast area.
The new owners wish to remain anonymous.
Seloh Nolem is presently a breeding and fattening operation located approximately, 140 radial kilometres south west of Mackay and 230 radial kilometres North West of Rockhampton
Seloh Nolem, prior to acquisition by Peabody Energy Australia was owned by
the Chaffey Family for over 40 years. For the past 15 years, Seloh Nolem has
been under the stewardship of the current Property Manager. As evidenced by
its presentation, Seloh Nolem has been conservatively grazed and intensively
managed, resulting in the establishment of one of the most well regarded holdings
in the district. Cattle produced on Seloh Nolem (showcased throughout this
Information Memorandum) have earned a reputation of quality and consistency
• Outstanding landholding of 8,615 hectares ideally located within the heart of
Central Queensland and in close proximity to Rockhampton, the Beef Capital of
Australia.
• Extensive stands of native and improved pasture, the latter including Buffel,
Green Panic and Rhodes Grasses supporting a carrying capacity of approximately
2,800 Adult Equivalents (AE).
• High quality structural and ancillary improvements ensuring ease of operation.
• Highly secure water resources comprising numerous bores, dams and extensive
frontage to the Isaac River.
• Favourable balance of land and soil types comprising predominantly undulating
Brigalow Softwood scrub transitioning to areas of open Gum, Box and
Bloodwood forest on the Eastern and Western boundaries.
• Close proximity to livestock selling centres, processing facilities and live export
terminals.
• Consistent climatic region benefited by an average annual rainfall of 600
millimetres.
• In addition to the sale of the property, CBRE has secured the right to sell the
existing herd of over 2,000 head albeit through an alternative sales process.
All exhibit a superior genetic base and impeccable temperament traits.
