Significant 8147 hectare (20,132 acre) exclusion fenced Maranoa property Mount Lonsdale has sold after auction for $20 million, after being bought four years ago for $8.5 million, a gain of $11.5m.
The Nutrien Harcourts GDL auction opened with a bid of $14m on the Mungallala property, which was rejected by the auctioneer and the vendor responding with a bid of $18m.
That was followed by a call from the floor of $18.1m, which was again rejected by the auctioneer who demanded $200,000 bids.
After some discussion the bid was raised to $18.2m and the property passed in.
Following further negotiations, the property sold to the Ziesemer and Moore families of Trifecta Charbrays, Taroom, for $20m - about $2455/ha ($993/acre).
During Peter and Shari Knudsen's ownership since March 2020, some 1882ha (4650 acres) have been blade ploughed, 720ha (1780 acres) treated with 5500kg of Grasland pellets, and 324ha (800 acres) stick raked. An additional 1740ha (4300 acres) was also pulled in 2023-24.
Located 15km north of Mungallala, 60km to Mitchell and 150km from Roma, the property is a combination of open and semi-open down country, with undulating areas rising to elevated peaks.
Mount Lonsdale features bottle tree, belah, and brigalow scrub soils interspersed with pockets of red, sandy, loamy type soils.
Pastures include buffel, curly Mitchell, blue grass and native species with medics and salines in seasons.
The well watered property has bores that supply tanks and troughs as well as nine dams. Mungallala Creek also runs through the property.
Some 23km of fencing was completed between 2021 and 2024. The four barbed wire fencing on Clipex posts, incorporating 18km of the laneway that service the cattle yards. Two of the sides of Mount Lonsdale are government maintained Wild Dog Barrier Fence.
The 10 year old steel cattle yards are equipped with an air-operated race and crush, five way draft, calf race and cradle, and a double-decker loading ramp.
In addition to numerous sheds, there is a workshop, a three-bay car shed, a fuel shed, and two stables.
Mount Lonsdale also features a five bedroom homestead with an inground pool and a five bedroom manager's residence.
Marketing was handled by Russell Jorgensen, Nutrien Harcourts GDL, Dalby.
