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May Downs Sold at auction

  • Location:
    (28km west of Mount Isa)
  • Land Size:
    233,000 ha or 575,755 acres
  • Special Features:
    “May Downs is a quality asset that has positively performed in the current market.”

Sold $47.5 million under Hammer

Sold to: McMillian Pastoral Pty Ltd

Enquiries came from across Queensland, NT & NSW along with international interest.

Large number of inspections. Strong line up of registered bidders from Queensland and interstate, including online bidders via Auctions Plus.

Strong bidding started at $40 million and sold under the hammer at $47.5 million.

James Lord comment:

“We were interested in presenting our property to the market and accepting the result on the day. We are very happy with the result”

Agent’s comment:

Stock Place Marketing Agent Luke Westaway said “The continued strength in the rural land sector was evident through the strong quantity of enquiry, large number of registered buyers in attendance and spirited bidding”, “May owns is a quality asset that has positively performed in the current market.”

Auctioneers comment:

“Great working with the Stockplace Marketing team again and with the renowned Lord Family”. Philip Black commented that “it was one of his absolute highlights of his 45 year auctioneering career. The strength and energy in the room was dynamic.”

Photo supplied:

L – R, Ashley Naclerio, Susan Coates, Tom McMillan, William McMillan, Mark McMillan, Harrold McMillan, James Coates, Molly Lyttle, Luke Westaway, James Lord, Marjorie Lord, Orson Lord, Monty Lord, Archie Lord, Darcy Lord.

IMG 5716 2 MAIN

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