Nimboy, 1286 Nimboy Road,
Cooladdi, QLD 4479

"Nimboy" is a 52,245ha beef and carbon cashflowing asset located north of Cooladdi, approximately 118km west of Charleville.

"Nimboy" has the benefit of producing strong reliable cashflow in all seasons in the form of annual carbon payments over the following 8 years. This is an ideal income stream for debt reduction or general expense management.

The operation also has the capacity to produce circa 1100 breeders + progeny with a good supply of young mulga available and different land types which produce grass and herbages. The property contains gidyee and mulga, buffell grass, annual grasses and herbages on soils than range form red loams to blacksoil.

"Nimboy" is well watered by one main bore at the house which pumps 12,000 litres per hour to a 260,000 litre tank for gravity feed to multiple waters. Multiple dams also exist on good catches and are rarely dry. Opportunities to increase capacity also exist from some additional water points.

Improvements include quality new steel cattle yards, a respectable amount of new fencing (including 30km of exclusion fencing on the eastern and northern boundary). Other improvements include a quality 4 bedroom homestead on steel foundations with double lock up garage, cottages & quarters and large 6 bay shed.

"Nimboy" represents a great opportunity to acquire an asset that generates multiple forms of cashflow regardless of rainfall. Vendors are genuine sellers, due to retirement.

The property is offered for sale by private treaty and priced at $2.5m. Some cattle and plant also on offer.

For further information please contact Ben Forrest or Jim Guilfoyle at Colliers International Brisbane.

SRAP17