Iona, Wallumbilla QLD

Land Size: 1,543 Hectares / 3,812 Acres - Freehold title.

Location: Located 17 kilometres south west of Wallumbilla,

Special Features: This first class property is considered to be one of the most productive holdings in the Maranoa.

Iona, Wallumbilla SOLD SOLD SOLD

Auction
Friday 21st February 2020 @ 11:00am
Venue: Royal on 99, McDowall Street, Roma

Premier Wallumbilla Mixed Farming / Grazing Property, first time offered for sale in 90 years.

1,543 Hectares / 3,812 Acres - Freehold title.

Located 17 kilometres south west of Wallumbilla, this first class property is considered to be one of the most productive holdings in the Maranoa. Developed scrub soil country of brigalow, belah, bottletree, wilga, sandlewood, bauhinia, whitewood, kurrajong, boonaree, supplejack, beef wood, box and gum along the creeks.

Iona, Wallumbilla smashes district records.

The 1,543 Hectare or 3,812 Acre property rewrote the record books for values in the Maranoa district this morning when it sold for $6.4 Million or a whopping $1,678 per acre.

31 inquiries, 13 inspections, 8 registered bidders and 6 bidders at the auction drove the price for the quality holding to a new record resulting in the Bates Family, Bardlomey, Wallumbilla securing the property.

The Iona sale follows on from a great start to 2020 for Elders Real Estate Agent Daven Vohland securing unconditional contracts on 4 rural properties since January to a value of $17.75 million.

Gooyea Station, Quilpie, Bellview Station, Barcaldine, Croydon, Roma and Iona, Wallumbilla.

Iona, Wallumbilla

SOLD $6.4 MILLION

Established improved pastures of buffel, medics, creeping blue, digiterati and bambatsi including native pastures of mitchell, flinders and blue grass, winter herbages in the season of clover, lambs tongue, crows foot and trefoil.

Approximately 600 hectares or 1485 Acres of Yeoman Ploughing has been undertaken resulting in established improved grasses.

392 hectares or 970 acres of dryland cereal cropping, growing predominately wheat, barley and oats with some forage sorghum.

Highly productive and fertile farming country consistently yielding up to 18 bags an acre of wheat and barley.

Each year hay is baled off the property insuring a year round supply of "Iona" grown fodder. Subdivided into 30 paddocks, fenced with barb and hinge joint internally, boundary is feral fenced with an apron including an exclusion fence on the southern boundary. "Iona" boundary on the northern and western sides is Bardlomey Road.

The fencing on the property is regularly upgraded and in very good to new condition. 3 sets of cattle yards with a laneway system from Centre Bore Yards to the main Homestead Yards.
2 x homes on the property which include: The main homestead is a well maintained 4 bedroom home with 2 bathrooms, evaporative air conditioning, reverse cycle air conditioner in the kitchen. Dining, lounge, laundry, veranda, fully screened, ceiling fans, home on adjustable steel stumps, carport, storage room and garden shed, set in landscaped gardens. Fully fenced yard. Solar panels on the house roof and 6 x rainwater tanks.

Second Dwelling:

3 bedroom 2 bathroom (includes demountable office and pergola) well maintained home, sewing room, lounge, kitchen, laundry and office. Evaporative air conditioner, 4 ceiling fans, reverse cycle air conditioner in the sewing room including a fire place in the lounge room. 5 x rainwater tanks, shade sail over the entertaining area, 2 x car carport attached to the house, a further 5 car accommodation, solar panels on the house roof. Meat house and garden shed, the home is set in an established garden, fully fenced.

Sheds at the homestead include, Machinery Shed, All Shelter Fabric Hay Shed built 2003, Operational Shearing Shed, workshop, garages, saddle room and lockable poison shed. Sheds at Centre Bore include a Machinery Shed and Hay Shed (built 2016) a mouse proof hay shed with bunding. 8 x Grain Silos.

The property is watered by 3 Bores, 4 dams and semi permanent holes in Paddy Ward and Six Mile Creeks.

Carrying Capacity: Vendors normally run 200 Breeders and progeny through to heavy feeders in conjunction with the farming enterprise. Backgrounding steers are purchased in and taken to heavy feeder weights when the season dictates.

700 ton of Oats Silage is included in the sale.

Remarks: First time offered for sale since 1930 "Iona" has been owned by the Smith Family for three generations (90 years), considered to be one of the most highly productive and fertile properties in the Wallumbilla district, consistently producing high yielding cereal crops.

The "Iona" Murray Grey composite cattle are highly regarded and keenly sort after by astute cattlemen as top performers on grain or pasture for feedlotter and finisher markets. Not only a prime hard wheat growing property "Iona" has produced 600 round bales of hay off 32.3 hectares or 80 acres.

The property is seclusion fenced suitable for grazing sheep.

Located in close proximity to Roma a vibrant regional centre in south western Queensland, close to prominent prime, store and feeder cattle markets, grain handling facilities at Wallumbilla and Roma with ease of transport by the upgraded Warrego Highway.

Infrastructure on the property is in excellent condition allowing for ease of management, facilitates the handling of the high yielding and producing commodities produced from grain and cattle.
For an Information Memorandum on "Iona" please call the agent.

Call Daven for all information