Located within the Inner Darling Downs region of Queensland, in the Irongate district, the property is recognised as a developed and picturesque mixed farming enterprise
News release
30 August 2023
Picturesque quality location - Mondamere
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BRISBANE, 31 August 2023 – Mondamere, a highly productive and versatile mixed farming property in the Inner Darling Downs region of Queensland, is being offered for sale by online auction via Auctions Plus through JLL.
On behalf of the current owners, JLL Executive – Agribusiness James Mitchell and Director – Agribusiness Clayton Smith have been appointed to sell the property, encompassing roughly 149ha over three Freehold Certificates of Title.
It is well located, about 18km north-west of the community of Pittsworth, with bitumen frontage.
“Underpinned by productive land and soil types, great proximity to end markets, secure water sources and quality infrastructure, Mondamere represents an opportunity to acquire an Inner Darling Downs mixed farming enterprise suitable for a commercial background operation with additional dryland cropping production,” Mr Mitchell said.
The current owners have historically operated a commercial beef enterprise comprising breeders and associated progeny, supported by approximately 96ha of cash/fodder crops. They sold their herd this year.
Mondamere would also be suited to operate as a backgrounding enterprise supporting a larger breeding property.
Productivity is enhanced by supplementary feeding infrastructure, including grain silos, a roller mill and feed pins.
“Since being acquired by the vendors, Mondamere has progressively continued the development of arable areas, water reticulation and pasture improvement, resulting in greater efficiencies and productivity,” Mr Smith said.
“This is further supported by a secure 35 megalitre irrigation/stock intensive groundwater allocation and a roughly 60 megalitre surface dam.
“The property comprises mostly fertile alluvial self-mulching black soils commensurate to the eastern Darling Downs.
“Mondamere has all the characteristics of an efficient mixed-farming enterprise located in a picturesque setting.
“The property would satisfy the requirements of a discerning buyer seeking a quality asset with a good location,” Mr Smith said.
Mr Mitchell said: “The combined attributes would suit buyers from Western Queensland looking for an additional area with good proximity to either educate children or enhance lifestyle in retirement.
“The opportunity would equally satisfy a city-based investor seeking a rural lifestyle property.”
Mondamere is for sale by online auction via Auctions Plus on September 28 at 11am AEST.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.