Maranoa property’s multi-million dollar sale after 123 years
A massive property in the Maranoa that was held by the same family for 123 years has gone under the hammer for millions of dollars, but those scouting for rural properties now have an opportunity to snag up the land adjacent to it.
The Glenochar property, located on Mirrabooka Road near Mount Abundance, was held for more than 120 years by Adam and Margie Grieve's family, but they decided their time there was up and moved on to the Sunshine Coast hinterland.
But Tim and Tammy Stiller purchased the property in November 2020, and now run a cattle farm there.
Resolute property group agent Ben Forrest didn't wish to reveal the selling price, however said it sold somewhere in the vicinity of $7,500,000.
"Expressions were sought around that level, and a price somewhere within that vicinity was achieved," he said.
The 3902.48ha property has a great mix of cultivated and grazing land and the previous owners have improved it over the years.
"Glenochar was very well improved because there were very good fencing and a good homestead," Mr Forrest said.
He said there's significant history of the area, with it being part of Major Mitchell's expeditions in 1846.
Major Mitchell was the first European to trek through the area and named it 'Mount Abundance' after finding an abundance of fodder on the foot of the mountain.
Now the neighbouring property Lorne is set to be sold off on April 16, 2021 at an auction at the Explorer's Inn.
It has been held by the Mitchell family for 90 years.
Clarence Mitchell, who lived to be 103, was there for most of her life.
This 3,483ha is fully exclusion fenced, is watered by two bores and eight dams, and is only 38km from Roma.
More details of the Lorne property can be found here.