Saturday, 30 May, 2020

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Slice of Townsville history offers endless opportunity for buyers

This property known as Pinnacle Pastures is up for sale, offering buyers plenty of business options.

A SLICE of Townsville history is up for grabs in Townsville’s Pinnacles — and it comes with a sweet view of Mount Stuart.

Before this 37.6 acre block of land was home to the Tonner family, it was part of a large cattle station called Laudham Park Station.

In the early 1990s, this parcel of land was separated from the cattle station and sold to the Buchanan family, who were the caretakers of Laudham Park at the time.


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It was renamed Circle View Station and was developed into a cattle quarantine holding property as part of the very first shipments of live cattle export from the Townsville Port.

In 1993, a house was relocated from South Townsville and renovated by the Buchanans, and the family lived operated the cattle quarantine business there until 2003.

The following year, the property was purchased by the Tonner family.

The house was modernised and underwent a major renovation and extension for the current owners and their five children.

The property was converted to a thoroughbred horse breeding facility and renamed Pinnacle Pastures, which it is known as today.

John Gribbin Realty agent Sibby Di Bartolo, who is marketing the property, said the price had been reduced from $1.4 million when it first hit the market to $939,000 — making it a great buy.

“The owners have put so much love into it and are trying to find a family or buyer who is interested in doing the same,” Mr Di Bartolo said.

“It really offers buyers endless opportunity and we’ve had a mix of interest across the board.

“Its’ great water supply offers buyers the opportunity to start up a turf farm or grow small crops.

“It would also be great for someone who wants to do functions like weddings in the gardens.”