Gilgurry sold under the hammer
THE 420 hectare (1038 acre) Northern NSW property Gilgurry sold under the hammer for $646,000 at a Ray White Rural auction in Brisbane this morning.
Located in the Boorook region, about 50km east of Tenterfield, Gilgurry is described as a low cost breeder operation well positioned to capitalise on northern NSW weaner markets.
The property has four freehold titles and a perpetual lease.
Water is supplied from Gilgurry Creek and Wattle Creek and six dams.
Gilgurry has a steel-frame weekender, the original hut and machinery shed.
It is fenced into five paddocks, and is currently running 70 breeders and 70 replacement heifers.
Improvements include timber cattle yards, a steel-frame weekender, the original hut and machinery shed.
The marketing of Gilgurry was handled by Mark Clothier from Ray White Rural, Tenterfield.
Gilgurry has timber cattle yards.
Mark Phelps
Journalist
