OFF MARKET

1780 Percy Springs Road
Basalt QLD 4820

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 69145442m2
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Property Details for 1780 Percy Springs Rd, Basalt

Building Type
Rural
Land Size
69145442m2
Local Government
Charters Towers Regional
Lot/Plan
36/DV390

Last Listing description (May 2023)

Location:Percy Springs is located approximately 28km from Charters Towers (10km north on Lynd Hwy then 18km gravel on Percy Springs Rd.) Close to town the property accesses all the services of a regional town (population approx 9000 people).
The property location will suit a range of buyers including established cattlemen, professionals & businessmen, retired cattlemen and as a 'starter block' for a new entrant to the cattle industry. For cattleman, the weekly liveweight selling centre in Charters Towers, Live Export ex Townsville (150klm) and Townsville meatworks are all major attractions for this location. Townsville is a vibrant city of approx 200,000 with diverse industry and opportunity for employment, business and higher education.

Area & Tenure:Freehold6914.54 ha or 17078.9 acres

Rainfall: Approx 650mm (25.8inches) pa.

Country: Generally, Percy Springs slopes gently south to north and is punctuated by seasonal creeks, namely Hann,Percy and Gaines creeks. The property is a mixture of fertile creek frontage, sandy and gravelly soils witheach providing valuable pasture and browse diversity.Predominate timber includes Ironbark, Bloodwood, Box, Moreton Bay, Wattle, Lancewood and variousscrubs. In the centre of the property are patches of Lancewood and Spinifex country which offer useful dryweather feed reserves.Pastures include introduced species, sown by the current owners, including Buffel, Urachloa, Wynn Cassiaand Seca, Verano and Omega Stylos. Wynn Cassia and Stylo, in particular, has proliferated in the sandy andgranite soils and Buffel and Urachloa in the better country evidence of ALL improved pasture species can beseen throughout. Native perennials include Black Spear and Golden Beard.
Recent management has for many years, conservatively stocked, spelled paddocks and rotationallygrazed the results are self-evident with a comprehensive pasture coverage, little erosion evidence and verygood animal performance.
PMAV locked in.

Water:Percy Springs is very well watered. There are 6 bores (2 x Solar powered, 1 x 240V mains powered House bore, 3 x Genset powered) each plumbed to several poly tanks and cement troughs to ensure a 2km grazing radius. Attention has been given to pipe sizes to ensure water volumes are sufficient to water larger cattle numbers in a rotational grazing format. Complementing the man-made water are eight (8) walk-in dams, mostly fenced 2 seasonal & 6 reliable yearly supply. The dam network was the original stock water supply but is no longer critical to the property operation other than helping to underpin a low-cost, flexible, management operation. The seasonal creek waterholes and springs throughout are also an added bonus.

Management: The key to Percy Springs is herd control through controlled waters, watering squares, spear traps and laneways. Virtually NO mustering. The herd is managed through a rotational grazing format whereby the pasture is grazed to a pre-determined stage, the stock are then moved each water square is trapped so, once the trap gates are changed, the cattle move themselves from paddock to paddock. In the event of the longer 3-5day trapping period then laneways are opened to accommodate additional feed requirements.
Typically, the breeders are rotated within a series of paddocks separately to the grower cattle or weaners.The are 18main paddocks.
Pasture management and proliferation of improved species is enhanced in the rest and rotation format.
The breeding herd is control mated with bulls joined and removed to ensure calving commences in July, and calves weaned in Feb-March.

The Homestead complex:Homestead
The homestead is an older style, large, renovated, highset, 4-bedroom, airconditioned, timber and cladding building. Downstairs is a modern, open plan kitchen, dining and living area which opens onto an outside, ground level, patio area. The homestead is located on the banks of Hann Creek and surrounded by substantial shade trees, in a quiet bush setting.

Sheds: There are a number of larger sheds adjacent the house doubling as both workshop and vehicle storage.Approx 1 km from the house is a large skillion-roofed shed housing various unwanted used items of machinery, steel, timber etc.

Fencing & Cattle yards: The boundary is fully fenced and well maintained. Fencing construction is 3-barb, steel pickets and steel strainers, some fencing is 1-plain / 2-barb construction with a mix of timber & steel posts. Percy Springs is broken up into 18 main paddocks, complimented by 6 smaller holding/management paddocks. Much of the internal paddock fencing is relatively new (ie.15yrs +/-) and constructed of 3-4 barb with steel assemblies and strainers. Watering squares with spears surround all man-made waters thus enabling ease of mustering and herd management. Laneways connect the southernmost Red Yards to all paddocks and the Homestead Yards in the north-eastern corner of the property where road trains can access. This enables, with forward planning, the cattle mustering/movement with 1-2 people and a very low-cost operation.
There are two sets of cattle yards.

Carrying Capacity: Though understocked presently Percy Springs can sustainably run around 500-600 breeders, or the equivalent mixed herd.

Note: Percy Springs is being offered inclusive of Plant & Machinery & somehousehold contents. Livestock purchase is additional and optional.

Disclaimer: The above report has been prepared by Slaney & Co based on information supplied by the property owner and other credible sources Every endeavour has been made to verify its accuracy. Whilst we trust the information to be correct, we make no warranties or guarantees, and prospective purchasers must rely on their own enquiries & research. Slaney & Co

Property History for 1780 Percy Springs Rd, Basalt, QLD 4820

A timeline of how this property has performed in the market
Last Sold
$3,650,000
24 Aug 2023
  • 24 Aug 2023
    Sold for $3,650,000
  • 24 Mar 2023
    Listed for Sale $3.65 million

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About Basalt 4820

The size of Basalt is approximately 13,991.1 square kilometres. It has 4 parks covering nearly 2.8% of total area. The population of Basalt in 2011 was 229 people. By 2016 the population was 220 showing a population decline of 3.9% in the area during that time. The predominant age group in Basalt is 50-59 years. Households in Basalt are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Basalt work in a managers occupation. In 2011, 57.9% of the homes in Basalt were owner-occupied compared with 55% in 2016..

Basalt has 103 properties. As at 30 November 2024:

  • The median value for Houses in Basalt is $248,016.
There are currently 1 property listed for sale, and no properties listed for rent in Basalt on OnTheHouse. According to CoreLogic's data, 1 property were sold in the past 12 months in Basalt.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.