LOCATION:
Situated 17* kilometres south of Banana and 45* north of Theodore, the property is 2* kilometres off the Leichhardt Highway.
REAL PROPERTY DESCRIPTION:
Lot 11 on Crown Plan DW257, freehold area 599.542* hectares (1,481* acres).
LOCAL AUTHORITY:
Banana Shire Council, the annual council rates amount is not available as the property is rated with other lots owned by the sellers.
COUNTRY:
Former brigalow and softwood belah scrub with a watercourse running through the centre of the property. The property has been developed to Nunbank buffle, American buffel, Gatton and green panic and some native pastures.
Leucaena:
Approximately 800 acres of established Peru leucaena, spacings vary up to 5* metres.
PADDOCKS & FENCING:
5 barb wooden post boundary fence on 3 boundary's, the northern boundary is an older fence and borders cultivation country.
The property is subdivided into 4 leucaena paddocks (1 x 400* acres and 2 x 200* acres) and 1 grass paddocks, the internal fences 4 barb and wooden post. The largest leucaena paddock of 400* acres is split into 3 paddocks with electrical fencing.
A laneway from the yards runs back to the eastern boundary through the centre of the property with the leucaena paddocks accessing 2 troughs in the lane.
WATER:
2 equipped bores and 2 dams. 1 bore is equipped with a solar pump, the 2nd bore is equipped with a pumpjack and Honda engine, both bores supply a large concrete tank.
The dam at the yards is fenced into a holding paddock, the dam in the north eastern corner is equipped with a windmill. There is an unequipped bore located adjacent to the tank, approximate depth is 400 feet and estimated yield was 1,500GPH.
ELECTRICITY:
Single phase electricity line runs across the southern end of the property.
CATTLE YARDS:
Well designed, large set of steel and timber cattle yards with cooler pens, central pound and double deck loading ramp.
CARRYING CAPACITY:
The owners historically carried 300 steers from weaners to bullocks, they would take approximately 150 weaner steers to the property each year whilst finishing the previous year's steers exceeding 300 kilograms carcass weight.
Sale $4,900,000