RURAL & AGRIBUSINESS

Vendors hoping to triple investment from Leeora Downs

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LEEORA Downs in the highly sought after pastoral region Arcadia Valley in Queensland has been listed for sale after six years of ownership.

Vendors Gregory and Lee-Ann Boyd paid $6.2 million for the property in 2014, and are reportedly hoping for almost triple that value.

Situated within the tick fee zone 65 lineal kilometres south of Rolleston and 160 kilometres north of Roma, Leeora Down has a total land area of 3,560 hectares over a single freehold certificate of title.

JLL’s Geoff Warriner, who is marketing the land with Chris Holgar, said Leeora Downs exhibits all the hallmarks of a productive pastoral landholding underpinned by practical operational infrastructure, secure water resources, highly productive pastures and extensive arable areas totalling approximately 1,000 hectares.

“The consistent brigalow/Belah softwood scrub soils are highly productive and what makes the Arcadia Valley one of the most sought after regions in Australia.”

Holgar said Leeora Downs’ proximity to both the Dawson and Carnarvon Highways provides ease of access to Rolleston, Roma and end-markets located to the east and south.

Leeora Downs has an established homestead complex and cottage, near-new steel cattle yards and a water reticulation system complemented by overland flow dam.

It is offered for sale on a bare basis by auction on 29th April.

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