SMITHFIELD Cattle Company bought the Yelarbon property Sunnygirl, soon after it was passed in at a Leonard and Co Raine and Horne auction on Thursday.
Initially passed in at $1.7 million to Smithfield, represented by Jason Shearer-Smith, the 1120 hectare (2768 acre) property is understood to have sold shortly after the auction in Goondiwindi for a much higher amount.
The property was offered with a 607 megalitre Zone C license and a 308ML high-flow license triggered when more than 500ML a day is running over the Booba Sands Weir (average 25ML a year). About 165ha is cultivated with About 110ha of the 165ha of cultivation can be irrigated.
In January, Smithfield bought Sapphire, a the 1712ha property located 32km east of Goondiwindi. That property had a 6000 head feedlot, 415ha of irrigation and 1000ha of backgrounding country. Smithfield also operates the 18,500 head Smithfield feedlot at Proston.
Improvements include the beautifully maintained stucco-construction main home built in 1939-40. There is also a three bedroom second home, silo, hay sheds, workshop and well timber cattle yards.