2,879.861Ha|7,116.291Ac(Freehold)
LOCATION
*84kmMeandarra,*182kmRoma,*236kmDalby,*250kmToowoomba Wellpositionedtomajorsellingcentres,feedlots,andgrain handlingfacilities
AREA&TENURE
2,879.861Hectaresor7,116.291Acres.Lot7onRP855178Freehold.MaranoaRegionalCouncil.
COUNTRY
Predominantlysoft,deepredsoilsquicklyrespondingandinterspersingintosweetpebblygrazingcountry.*3,000Acreshavebeen previouslycultivated.GoodPMAV.NicelyshadedundulatedBrigalow/BelahcountrywithapercentageofKurrajong,Box,and Sandalwood.ThedensityofBuffelthroughoutthepropertyisafeature;otherpasturesconsistofBlueGrass,Urochloa,natural pastures,herbagesandsalinesinseasons
CARRYINGCAPACITY
Comfortablyrun*1,200drycattleequivalent.
WATER
Excellentwatersupplyandstorage:afullyreticulatedsystemviaa63mmblueline,withan*80,000-gallonstoragetankatthebore supplying11cupsandsaucers.TeelbaCreekandtwodams.Themaindamhasalargewaterholeandmassivecatchment,ensuring watersecurity.
RAINFALL
Averagerainfall*525mmor*21inchesperannum.
IMPROVEMENTS
A4-bedroomhomesuitableforworkers,5,000-gallonrainwaterstorage,anda2Acreholdingpaddockadjoiningthehouse.Asolid setofsteelandcablecattleyards,4-waydraft,andthreewaysatcrush,equippedwithscales,loadingramp,andtrough,comfortably works1,000head.
AUCTION DETAILS&TERMS
AUCTIONDETAILS:
TheVendoroffersthePropertyforsaleonan“asis,where is”basisbyPublicAuction.
Detailsregardingtheauctionareasfollows: Time:Tuesday,22ndMay,11am Location:RowesPrecinct,2ndFloor,48–60RussellStreet, Toowoomba
Interestedpartiesarerequiredtoundertaketheirown independentinvestigationsandduediligenceinassessing theProperty.Inaddition,interestedpartiesshouldmake independentenquiriesregardingrelevantlicencesand approvalsrequiredwithrespecttotheProperty.Pleaserefer totheDisclaimerattheendofthisInformationMemorandum. Intendingpurchasersareadvisedthattheywillberequiredto provideproofofidentityandregisterpriortobiddingatthe auction.Registrationwillcommencefrom9:30amontheday ofsaleorcanbedoneatanytimepriorwiththeagent. AuctionconditionscanbefoundatAppendixD,uponthefall ofthehammer,thesuccessfulpurchaserwillberequiredto paythe5%deposit,signandexchangecontracts.
CONTRACTOFSALE:
AcopyofthecontractofsaleforthePropertyisavailablefrom NutrienHarcourtsGDLonrequest.Refertothecontractof saleforthetermsandconditionsofthissale.
FOREIGNINVESTORS:
ForeigninvestorswillberequiredtohaveregardtotheForeign AcquisitionsandTakeoversAct1975(C’wealth)andthe policiesconcerningforeigninvestmentsinAustraliaofboth theFederalandQueenslandgovernments.
INFORMATIONMEMORANDUM:
TheVendormay,intheirabsolutediscretion,butwithout beingunderanyobligationtodoso,updateorsupplement thisInformationMemorandum.Anyfurtherinformationwillbe providedsubjecttothetermsandconditionssetoutinthis InformationMemorandum.
GSTDISCLAIMER:
Interestedpartiesshouldmaketheirownassessmentofthe impactofGSTonthePropertyandthereturnsderivedfrom themafterobtainingexpertprofessionaladvice.
1.Thehighestapprovedbidderwillbethebuyersubjectto: •thereserveprice;and •theseller’sapproval.
2.TheVendorsshallhavetherighttomakeabidforthe wholeoftheProperty.
3.Thebidderwarrantstheirabilitytoenterandcompletethe contractofsaleinaccordancewithitsterms.
4.Anypersonbiddingonbehalfofanotherpersonmust providetheAuctioneerwithacopyoftheirwrittenauthority beforetheauction,otherwisethebidderwillbetakentobe actingontheirownbehalf.
5.TheAuctioneerhasthediscretiontorefusetoacceptany bidfromanyperson.Abidwillbetakentobeaccepted andirrevocableunlesstheAuctioneer,immediatelyafterit ismade,refusesit.
6.ThedecisionoftheAuctioneerisfinalinallmattersrelating totheauctionandnobidderhasanyrightofrecourse againsttheAuctioneerortheseller.
7.Withoutaffectingcondition6,ifthereisanydisputeovera bid,theAuctioneermay:
•Re-openthebiddingandre-submitthePropertyforsale startingwiththehighestbidpreviouslyaccepted;or •DeterminethedisputeinanyotherwaytheAuctioneer considersappropriateinhis/herabsolutediscretion.
8.Immediatelyonthefallofthehammer,thebidderofthe highestbidacceptedmustsign,asbuyer,thecontract ofsaleintheformdisplayedorcirculatedwiththese conditionsofsaleandpaythedeposittothenominated stakeholder.
9.Thedepositpayableunderthecontractofsaleis5%of thesuccessfulbid.
10.Thesellerandthebuyeragreetosignalldocumentsand doeverythingelsenecessarytotransferthePropertytothe buyer.ThesellerandbuyereachappointtheAuctioneer theiragenttosignthecontractofsaleontheirbehalf.This appointmentisirrevocable.
11.Ifthebuyerdoesnotpaythedeposit,attheseller’soption: •Theresultoftheauctionwillbetreatedasinvalidandthe Propertymayberesubmittedtopublicauctionattherisk andexpenseofthatbuyer;or
•ThesellermayaffirmtheContractofSaleandpursue theirlegalandotherremediesagainstthebuyerasthey seefit.
