FISHTAIL – SOLD !
FISHTAIL SOLD AT AUCTION
The culmination of a thorough marketing campaign with 53 inquiries, 21 inspections, 5 contracts handed out and 3 registered bidders has resulted in a solid result of $5.5 Million for the 912 ha property Fishtail on the Cassowary Coast.
Pictured from left is Matthew Kennedy, the vendors John and Janelle Foot of QWR Pastoral Company, buyer Dino Penna of Penna Beef Enterprises, Marlborough, and Rodney Kennedy of Kennedy Rural.
Area & Tenure: 912 Ha Freehold
Situated: 40km South West of Tully and 20km west of Euramo, part of the original King Ranch holding of Tully River Station. 155km South of Cairns. 240km North of Townsville.
Services: Rural 240V Rural Power, Telephone and Mobile Phone coverage
Rainfall: 4,000mm Annual Average Rainfall
Water: The House and Cattle Yards are serviced by a plentiful natural crystal-clear spring and rainwater. Cattle water is supplied by abundant permanent running streams and springs.
Improvements: Fishtail has very good recently built improvements including a 5 Bedroom, 2 Bathroom and 2 Laundry House alongside a large machinery shed and workshop 44 x 14m. Near new cattle yards, with the main area being undercover, constructed of Railway line posts with cattle rail rails, calf cradle, weigh crate, 5-way overhead draft, crush and an all-weather loading ramp with B Double access.
Country: Fishtail is mostly very fertile alluvial red to grey soils. All pasture improved in the open grazing areas with mostly Guinea Grass and Brachiaria. It also has a small amount of wetlands, rainforest and range country.
Farming: 550 ha can be farmed or 1359 ac and is Category X on the PMAV. Over half of Fishtail has been fertilized in the last 5 years.
Fencing: Fishtail is subdivided into 4 main paddocks and 4 holding paddocks. All fences are 3 & 4 barb wire on mostly steel pickets. Over half of Fishtail is boundary fenced with the balance having a natural boundary.
Livestock: Approximately 900 cattle are included in the sale. Contact the Agent for details.
Plant and Machinery: Please contact the selling Agent for a list of Plant and Machinery included in the sale.
Carrying Capacity: Owner estimates Fishtail will easily run 1,200 adult equivalent cattle.
Agents Remarks: Fishtail is very well located being close to town in an exceptionally reliable, high rainfall area. It is currently being used as a backgrounding cattle enterprise to support a Cattle Breeding Operation at Mount Garnet supplying Steers to the Live Export Feeder and Slaughter Market at Townsville. However, with its fertile soils and locked in PMAV it also lends itself to the very lucrative, highly productive and intensive agriculture such as Bananas, Sugar Cane and Horticulture. Freehold properties of this size and scale are rare along the Cassowary Coast and on the Atherton Tablelands. So, don’t miss this outstanding opportunity to secure this rare gem!
AUCTION DETAILS:
Cairns Pullman Reef Casino
10:00 am 30th October 2020
For more information please contact:
MATTHEW KENNEDY +61488 418 788
or
RODNEY KENNEDY +61488 418 577
