Scott Bates and family of Wallumbilla have paid $15.5 million for the fully exclusion fenced Plevna Downs East in south west Queensland, with the Augathella property selling at a record rate of $2,474 per hectare.
Located 34 kilometres east of Augathella, the 6,263 hectare property currently runs organic Dorpers, but is also suited to running 11,000 mixed sheep. It can also run a breeding operation with an estimated carrying capacity of 1,550 backgrounding cattle.
The country comprises developed scrub country and black soil downs growing buffel, Mitchell, Flinders, blue grass and herbages in season.
Bruce Douglas and Mark Minnis from Ray White Rural managed the campaign for the Elmes family, who had owned the property for 86 years.
It sold at auction, being declared on the market at $13 million.
Around 890 hectares of Plevna Downs East has been blade ploughed, and 150 hectares of cultivation country is ready to plant with a summer crop.
The property is well0watered by five bores and eight dams, and has 38 kilometres of polyline supplying 50 concrete troughs.
Improvements include a steel portable panel yards in the centre of the property for sheep or cattle, has a second set of sheep yards, feed yards with a holding capacity of 3,000 lambs, and steel sheep yards at the six stand shearing shed.
There is also a 1965-built five-bedroom homestead that was renovated in the past six years, a steel machinery shed with a workshop area, feed storage facility, storage and car sheds, and a pair of 73-tonne silos.