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Besm, thargomindah Documents
- 1. WEANER FACTORY NUTRIEN HARCOURTS GDL TONY LILBURNE 0458 562 550 | tlilburne@gdlrural.com.au ANDREW MCCALLUM 0427 581 889 | amccallum@gdlrural.com.au BESM, THARGOMINDAH QLD 45,601.14 HECTARES | 112,680.34 ACRES | PROPERTY ID: LGL4526 FOR SALE BY ONLINE AUCTION 8TH OF OCTOBER 2020 AT 11AM
- 2. LOCATION: 50km North East of Thargomindah on Quilpie Road, *161km west of Cunnamulla, *170km south of Quilpie. AREA: 45,601.55 Hectares or 112,680.34 Acres PPH Lease. Shire Council: Thargomindah. COUNTRY: Beneficial flood out country from both the Bulloo River and local flooding out of Bundilla Creek. Besm is regarded as drought resistance with its great balance of low edible Mulga, other timbers include Coolibah, Gidyea, Beefwood, Western Bloodwood, Honeysuckle Oak, Leopardwood and Yapunyah. Sweet and productive parcel of country with a good selection of natural grasses, herbages and salines in seasons. Grasses predominately, Mulga Mitchell, Mitchell, Bull Mitchell, native cooch, Queensland Blue grass, Buffel, Flinders, Finger Panic, woolly butt, button grass, interspersed with Lambs Tail, Lambs Tongue, Pigweed, Daisy Blue, Gidyea Burr and Salt Bushes plus many more. Some soft grey loamy flats with a number of watercourses running out of the Jandell that also spreads across Besm. WATER: Well-watered by two flowing bores piped to 23 troughs and tanks as well as another bore feeding to two tanks and a well, which is equipped with a solar pump. Besm is regarded as having secure water supply with an additional 3 dams and permanent and semi-permanent water holes in the Bundilla Creek system.
- 3. IMPROVEMENTS: Solid 4-bedroom home with granny flat, 2nd cottage and shearers quarters. Handy set of main cattle yards, air- operated, centrally located, 3-way draft, crush, loading ramp, laneways leading into yard for easy management. 2nd set of portable cattle yards at the eastern end of Besm, machinery shed/workshop and shearing shed and air hangar. FENCING: Fencing in good condition with a combination of hinge joint/barb and plain wire fence with 1 barb. Subdivided into 10 main paddocks, 3 holding paddocks and 2 laneways feeding into the cattle yard at the homestead. SERVICES: Mobile service covering the property, mail twice a week, rural power. Thargomindah township is well serviced by grocery store, schooling Prep to Year 10, flights from Thargomindah to Brisbane twice weekly, swimming pool, Toyota dealership, Post Office, hotel/motel, tennis and squash courts. AGENT’S REMARK Besm, a sound agriculture acquisition due to its plentiful water supply and natural feed reserves. The property is a low-cost grazing operation that still represents good buying value considering its productivity and capabilities to produce progeny. Contact one of the selling agents to arrange an inspection.
- 6. 1. The highest approved bidder will be the buyer subject to: • the reserve price; and • the seller’s approval. 2. The Vendors shall have the right to make a bid for the whole of the Property. 3. The bidder warrants their ability to enter and complete the contract of sale in accordance with its terms. 4. Any person bidding on behalf of another person must provide the Auctioneer with a copy of their written authority before the auction, otherwise the bidder will be taken to be acting on their own behalf. 5. The Auctioneer has the discretion to refuse to accept any bid from any person. A bid will be taken to be accepted and irrevocable unless the Auctioneer, immediately after it is made, refuses it. 6. The decision of the Auctioneer is final in all matters relating to the auction and no bidder has any right of recourse against the Auctioneer or the seller. 7. Without affecting condition 6, if there is any dispute over a bid, the Auctioneer may: • Re-open the bidding and re-submit the Property for sale starting with the highest bid previously accepted; or • Determine the dispute in any other way the Auctioneer considers appropriate in his/her absolute discretion. 8. Immediately on the fall of the hammer, the bidder of the highest bid accepted must sign, as buyer, the contract of sale in the form displayed or circulated with these conditions of sale and pay the deposit to the nominated stakeholder. 9. The deposit payable under the contract of sale is 10% of the successful bid. 10. The seller and the buyer agree to sign all documents and do everything else necessary to transfer the Property to the buyer. The seller and buyer each appoint the Auctioneer their agent to sign the contract of sale on their behalf. This appointment is irrevocable. 11. If the buyer does not pay the deposit, at the seller’s option: • The result of the auction will be treated as invalid and the Property may be resubmitted to public auction at the risk and expense of that buyer; or • The seller may affirm the Contract of Sale and pursue their legal and other remedies against the buyer as they see fit. INSPECTIONS Inspections of the Property are by appointment only and are to be conducted under the supervision of Nutrien Harcourts - GDL. Interested parties should contact Nutrien Harcourts - GDL to arrange an inspection. AUCTION DETAILS The Vendor offers the Property for sale on an “as is, where is” basis by Public Auction. Details regarding the auction are as follows: Date: Thursday, 8th October 2020 at 11:00am Location: Online Auction Interested parties are required to undertake their own independent investigations and due diligence in assessing the Property. In addition, interested parties should make independent enquiries regarding relevant licences and approvals required with respect to the Property. Please refer to the Disclaimer at the end of this Information Memorandum. Intending purchasers are advised that they will be required to provide proof of identity and register prior to bidding at the auction. Registration will commence from 9:30am on the day of sale or can be done at any time prior with the agent. Auction conditions can be found at Appendix D, upon the fall of the hammer, the successful purchaser will be required to pay the 10% deposit, sign and exchange contracts. CONTRACT OF SALE A copy of the contract of sale for the Property is available from Nutrien Harcourts - GDL on request. Refer to the contract of sale for the terms and conditions of this sale. FOREIGN INVESTORS Foreign investors will be required to have regard to the Foreign Acquisitions and Takeovers Act 1975 (C’wealth) and the policies concerning foreign investments in Australia of both the Federal and Queensland governments. INFORMATION MEMORANDUM The Vendor may, in their absolute discretion, but without being under any obligation to do so, update or supplement this Information Memorandum. Any further information will be provided subject to the terms and conditions set out in this Information Memorandum. GST DISCLAIMER Interested parties should make their own assessment of the impact of GST on the Property and the returns derived from them after obtaining expert professional advice. VENDORS SOLICITOR DETAILS Fox and Thomas Lawyers - (P) 07 4671 6000 36 Marshall Street, Goondiwindi QLD 4390 AUCTION TERMS AND CONDITIONS
- 8. THE DETAILS ABOVE ARE THOSE SUPPLIED BY THE VENDOR AND PROSPECTIVE PURCHASERS SHOULD SATISFY THEMSELVES BY INSPECTION OR OTHERWISE AS TO THE ACCURACY OF THESE DETAILS. WEANER FACTORY NUTRIEN HARCOURTS GDL TONY LILBURNE 0458 562 550 | tlilburne@gdlrural.com.au ANDREW MCCALLUM 0427 581 889 | amccallum@gdlrural.com.au FOR SALE BY ONLINE AUCTION 8TH OF OCTOBER 2020 AT 11AM