All of the eighty-three lease
parcels offered, covering 10 462 hectares (26,155 acres), were
sold for a bonus amount totaling $801,286.52. The average price
per hectare for lease parcels sold was $76.59 ($21.88 per
acre). The average bonus at the last sale held on May 11, 2005
was $61.66 ($24.66 per acre).
Scott Land & Lease Ltd. paid the
highest price per hectare for a parcel located in the Daly
area. The firm paid $202.50 per hectare ($81.00 per acre) as a
tender bonus.
This is the third of four sales
scheduled for 2005.
The next sale will be held on
November 9, 2005. The deadline for posting requests is August
12, 2005.