NB-napier-blakeley-Property-Review-Banner-728x

SECTION: RURAL & AGRIBUSINESS

Rural & Agribusiness

Qatari government sells sheep station

QATAR government-owned Hassad Australia has sold off its Clover Downs merino sheep breeding operation in Cunnamulla for a price believed to be close to $27 million.

Hassad bought station in 2010 for $18.5 million.

The 125,293-hectare aggregation in Queensland’s south-west is divided into 75 main paddocks and 21 holding paddocks and has an estimated capacity of 64,000 dry sheep equivalent.

Colliers International marketed the property, which has reportedly been picked by a farming family from Coonamble in New South Wales.

Hassad Australia also sold its Kaladbro Station in Victoria’s south-west for $25 million earlier this year to Tom Brinkworth, but publicly stated the two sales are a “rebalancing of the portfolio”, rather than a hint towards exiting the Australian market.

Australian Property Journal

Read more

Kilmore farm sale sets new record

THE Holten farm in Kilmore has sold for circa $2.75 million, setting a new benchmark for rural farmland in the Kilmore district. A Melbourne-based....

Grazing property sold to local

A LOCAL grazier has picked up the Talyealye & Karto grazing operation on the New South Wales and Queensland border for $5.3 million. According to....

Rural Funds taps market for $78m

RURAL Funds Group (RFF) has announced a $78.6 million equity raising, which it will use to reduce gearing and facilitate a pending cattle station....

Grape farm ripe for investment

AN irrigated grape and citrus farm in Queensland’s St George is on the market. CBRE’s Thomas Warriner and Chris Holgar have been appointed to market....

Wilga Downs sells at auction

THE weaner production and fattening enterprise Wilga Downs near Emerald in central Queensland has sold at auction for $3.75 million. The 4,133....

Blue Sky buys NSW station

BLUE Sky has acquired the Hayloch & Katika station in the Murrumbidgee Irrigation District in New South Wales for $6.1 million. According to Beef....

Mittagong mortgagee sale

A 50-hectare parcel of mostly-cleared land in the Southern Highlands of New South Wales has sold for $1.775 million at a mortgagee’s auction. The 41....

AACo beefs up earnings

THE Australian Agricultural Company has posted a meaty 202% increase of operating EBITDA over the past 12 months. The period saw the continued....

Bonny Rigg rural property sold

BREEDING aggregation Bonny Rigg in New South Wales’ North West Slopes region has sold for $8.5 million. The 3,500-hectare station and is also suited....