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A mixed farming block northeast of Deniliquin, NSW, has sold over the reserve price this month on AuctionsPlus as online property auctions continue to gain momentum.
Situated 17 kilometres out of Deniliquin on the Conargo Road, the 480-acre block “Box Creek” was sold on AuctionsPlus on 5 April for $1.4 million – a price some $100,000 over reserve.
Complete with a three-bedroom home, workshop, demountable office building and two sets of sheep yards, the property features 90 hectares of laser levelled irrigation and 70 hectares of highly productive broadscale cropping country, with scope for further irrigation development.
Access to the Box Creek is another attractive feature of the mixed farming block, which is currently divided into 4 main paddocks.
Above: 480-acre block,"Box Creek".
Selling agent Matt Horne of Elders Deniquilin said the vendors were pleased with the auction’s outcome.
“The vendors were really chuffed with the result, with the property selling over the reserve price,” Matt said.
“They also enjoyed the fact that the auction process was quite private – they could watch the auction from their office – and they found the sale process itself straightforward.”
Matt said the feedback from auction bidders was equally as positive following the sale.
“All prospective buyers were also happy with the process used for the sale of the property,” Matt said.
“Most had been involved previously with AuctionsPlus for a number of reasons, such as livestock sales, so they were very comfortable with how the auction was run.”
As the selling agent for “Box Creek”, Matt said he would recommend AuctionsPlus as a platform for online property sales and plans to continue using the platform to host auctions into the future.
“We’ve done quite a number of these online auctions now and the process has become a streamlined one,” Matt said.
“It’s great to see another solid result and have all parties satisfied with their experience on sale day.”
“Elders Deniquilin will be hosting another auction online in the coming months with the property ‘Moonaree’ in Berrigan, NSW, to go under the hammer on AuctionsPlus on June 21." Click here to view the listing and full results for “Box Creek”, or view all upcoming property auctions on AuctionsPlus.
