Wanditta Station bought by Shaw family
The Shaw family of Wanditta Station has bought the neighbouring Mitchell Park property for $8.4 million. The 1,240 hectare Central Queensland property consists of buffel grass country and 2,040 megalitres of water entitlements, while there is irrigation water over three licences, and 1,350ML capacity from the Retro and Sandy Creek dams in the Fitzroy River Basin and potential to build further dam storage infrastructure.
Publicans pounce on country pubs
Three regional NSW hotels have been snapped up by prominent publicans, with the Sir George Hotel setting a record. One of Australia’s oldest and most iconic hospitality venues, the iconic Sir George Hotel in Jugiong has sold to long time publican and hotel operator Fraser Short for a reported $14 million.
Regional pub sales continue to flow
Armidale's Railway Hotel has sold for around $8 million, becoming the latest venue in the New South Wales regional town to change hands amid a bubbling period for the sector.
Australia’s largest wind farm gets the green light
An 800MW wind farm is headed to Victoria’s south-west, as WestWind Energy was given the green light to go ahead with the Golden Plains project that is set to become one of the country’s largest.
US investor offloads Qld cattle property for $69m
ASX-listed Rural Funds Group (RFF) has added to its Fitzroy River Basin holdings, picking up the 27,879-hectare Kaiuroo cattle and cropping property aggregation in Central Queensland’s Mackenzie River district for nearly $69 million, well above the expectation price of $55 million.
Qld boosts eco-parklands on southern Gold Coast
The Queensland government will transform a newly acquired 148-hectares on the southern Gold Coast into one of the nation’s most expansive eco-parklands. The Currumbin Eco-Parkland, will see local native flora and fauna protected from encroaching development, including the preservation of koala habitat at the site.
Rifa sells final stake in Australian beef
Chinese-owned investor Rifa Salutary has completed the two-year divestment program of its Australian grazing assets, offloading the large-scale cattle breeding property Cooplacurripa Station on the eastern fall of the Great Dividing Range for $35 million bare.
Qld buyer springs to action
A Queensland-based buyer has bought highly productive New England grazing property The Springs for $5.9 million. The buyer was looking to complement their existing holdings, and the 1,515-hectare property is suited to breeding or finishing cattle, with the option of fodder production.
Grazing enterprise offers carbon income
A New South Wales producer has bought the 21,238-hectare Cunnamulla grazing enterprise Nooralaba for $2,670,000, attracted to the additional carbon income.
Bulgoo sale sets district record
A grazing family from south-eastern NSW has picked up diversified grazing and farming aggregation Bulgoo for a district record for $13 million, at a rate of $621 per hectare bare.
