THE 1006 hectare (2486/acre) Brisbane Valley property South Kipper sold for $3.2 million through Colliers Agribusiness.
Offered by Ed and Sandra Williams, the Esk property was bought by KFF1 Pty Ltd, a managed agricultural fund based in Chinchilla and led by Rob Hart.
The sale price is equal to $3181/ha ($1287/acre).
South Kipper comprises of 826ha of freehold country in seven title plus 180ha of leasehold land.
The property is said to have historically run 200 breeding cows with calves on an annual rotation.
The limited infrastructure on the property includes a set of cattle yards, water tanks and four solar powered bores.
The property is well-fenced, although some fencing needs to be reconstructed following a fire. A laneway runs through the centre of the property.
Rhodes grass, green panic and other varieties of grasses covers the property.
South Kipper was marketed by Trenton Hindman and Peter Uebergang.
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