Colliers lists Killarney's idle abbatoir

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THE Killarney Abattoir in South East Queensland's border region has been listed with South Australian marketing agency, Colliers International, with the deadline for offers closing on December 17 this year.

THE Killarney Abattoir in South East Queensland's border region has been listed with South Australian marketing agency, Colliers International, with the deadline for offers closing on December 17 this year.

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The property is made up of 32 hectares of grazing land and includes extensive processing facilities and improvements.

It is located on Brosnan Road, Killarney, about two hours' drive from Brisbane's CBD and 40 kilometres from Toowoomba.

Originally a family-owned processing works, Killarney Abattoir was acquired by the Leitch Pastoral Group but ceased to operate for several stated reasons, including the difficulty of accessing cattle at economically viable prices.

However, Phil Schell, director of Colliers International, is upbeat about future prospects for the abattoir.

"This is a unique opportunity to acquire a specialised operation with established infrastructure in a sector where the demand for trade livestock is continually expanding," Mr Schell said.

"This region is vitally important to Australia's grazing and lotfeeding industries, and Killarney, expressly, is strategically located to take full advantage of the export and local trade markets.

"The geographical advantage on offer here is just immense.

"Killarney is in the heart of Queensland's prime beef country.

"It borders both NSW and Queensland, so the supply of stock for processing and potential for capital growth will be a significant factor in attracting both local and overseas investors.

"The interest coming from overseas at the moment for this sector is huge and while the proximity to the livestock markets will be a major drawcard, Killarney is also benefited by scenic, old-world charm.

"It's a prime agricultural region nestled in the foothills of the Great Dividing Range, one of Australia's most important geographical locations, and this will certainly have broad-based appeal to overseas and local investors looking to diversify operations, or those seeking potential for a tourism enterprise.

"We expect the deadline offer method of sale to encourage strong investor activity and response," he said.

Further information from Katy Dean, research and communications manager, Colliers International, on (08) 8305 8806, 0435 964 886, email: Katy.Dean@colliers.com, or Phil Schell, director investment services, on (08) 8305 8891, 0418 809 849, email: Phil.Schell@colliers.com

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