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1286 Nimboy Road, Cooladdi

$3,100,000
  • Property type: Livestock
  • Floor Area: 0 sqs
  • Land size: 522450000 sq metres
  • Listing type: Sold!

Invest and Profit in a strong beef and carbon market!

"Nimboy" is located west of Charleville and north of Cooladdi and is a 130,000 acre package that allows the incoming purchaser to benefit from both beef and/or carbon returns. This makes for an attractive cashflow overall and helps drought proof the operation. With a strong beef market and carbon price, the opportunity is in play.

Property details include:
52,245ha (approx. 129,097 acres) Freehold
5 Titles - Lot 1 PO38 (10,682ha), Lot 2 PO39 (10,498ha), Lot 3 PO40 (10,530ha), Lot 1 BUR101 (11,068ha), Lot 1 BUR49 (9,419ha)

Country types include predominantly mulga, gidyea, buffell, annual grasses and herbages on red loam and blacksoils.

Carrying capacity 800 - 1000 breeders

Water is supplied by a main House bore (12,000 litres per hour submersible on power) pumping to a 260,000 litre Rino tank, plus multiple dams.

Improvements consist of quality near new steel cattle yards with double deck loading ramp, a reasonable level of new fencing (including 30km of exclusion fencing on the eastern and northern boundary).

Other improvements include a quality 4 bedroom homestead on steel with double lock up garage, cottages & quarters and large 6 bay shed.

Carbon estimates for 2020-21 = 18,697 ACCUs. Pricing period is currently fixed until 2026 after which time the opportunity to benefit from higher ACCU prices is likely.

For more information please contact the listed agents Ben Forrest or Grant Veivers at Resolute Property Group.

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Contact Agent

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No hesitation in recommending Ben and his team

"The decision to sell our farming properties which had been in our family for over 60 years was not taken lightly. Ben was very respectful of where we were at throughout the process and at no time put any pressure on us to make decisions that we weren’t comfortable with.

Coming from a rural background Ben is very knowledgeable about agriculture/horticulture and his experience in real estate and banking was invaluable in making decisions about the best way to market our properties and get real value for money and the most impact for our marketing spend. He was in constant contact with us from the very start without being intrusive. He was extremely supportive during the actual sale process which can be quite stressful especially if it is your first time going through such an involved and high value process. Ben continued his contact with us right through to settlement and made sure that we were comfortable with everything that was happening.

We have no hesitation in recommending Ben and his team and wouldn’t hesitate to have Ben represent us again should the opportunity arise."

- Ros Smerdon
Glasshouse Aggregation

Ben handled the auction of Stockholm well, and we were pleased with the outcome

"For most people who live on the land, selling out is not only a transaction of a land sale, but the selling of your family home, and leaving your community that has meant everything to you for many years. In my case it was where my husband had died and our children had grown up. After much discussion and deliberation we decided to sell Stockholm, and I began the task of finding an agent.

After a fairly rigorous campaign I decided to appoint Ben Forrest. I liked the idea of having an agent, who had runs on the board. It was important to me to have someone who I could communicate with, was innovative with fresh ideas, professional and sensitive to the situation. Ben displayed all these qualities , including a very good grasp of the local knowledge in Western Qld.

I feel confident that his maturity and astuteness allows him to converse with all types of rural people, in different areas all over Australia. Ben handled the auction of Stockholm well, and we were pleased with the outcome."

- Ann Ballinger
Stockholm