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 Clyde finally shifts Thylungra for $10.5m 

Clyde finally shifts Thylungra for $10.5m

07 Oct, 2008 04:00 PM
Clyde Agriculture has finally sold Thylungra Station, which was passed in at auction last month, for $10.5 million to George Scott and family, who are Queensland pastoralists.

The 282,000-hectare property is located west of Quilpie in south-west Queensland, and was sold bare of stock, even though it has a carrying capacity of about 38,000 ewes, 7000 wethers and 1800 cows.

Clyde managing director John McKillop told The Australian Financial Review he was pleased with the sale but surprised it had not sold earlier.

"We are pleased to pass over the history of the property including all the brand names and memorabilia," he said of the station first established by the famous pastoral pioneer Patrick Durack in 1868.

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"Bare of stock" indicates another major producer has given up on wool. This is a major tragedy for the wool industry.
Posted by Ted O'Brien, 10/10/2008 7:59:50 PM

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Clyde Agriculture managing director John McKillop.
Clyde Agriculture managing director John McKillop.
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