THE Woolooga property Argentum was passed in for $950,000 at a Ray White Rural auction in Brisbane today (Friday).
The 337 hectare (831 acre) property is in seven freehold titles locally just west of Gympie. The property was offered with plant and about 100 mixed cattle.
Argentum’s Wide Bay creek flats have previously been utilised for fodder cropping, vegetables and lucerne. In more recent times fodder crops has been grown for cattle. There is an irrigation licence which has historically been used for small crops. Stock water is pumped to a 92,000 litre tank and gravity fed through troughs across the majority of the paddocks. Each of the major grazing paddocks also have dams.
The property is a mixture of country from sweet soft creek flats to granite outcrop ridges. Soils are predominantly granite and basalt and the creek flats deep alluvial chocolate loams. The country is carrying an excellent body of rhodes grass and native pastures.
The property is split into 14 main paddocks with a laneway providing access from cattleyards at the northern and southern ends of the property.
The main homestead has seven bedrooms and there is a manager's residence, as well as a cottage and feed shed that may date back to the Cobb and Co era.
Contact Peter Douglas, 0427 270 280, or Jez McNamara, 0427 270 280, Ray White Rural.