Mixed farms sells for $16m
Andrew and Andree Rowntree are have paid a figure reported to be between $15 million and $16 million for neighbouring south west slopes mixed farms Bowness and Willowmere.
Kutchera sold before auction
A producer expanding their operations has snapped up the 81,000-hectare property Kutchera, including over 4,500 cattle, for more than $12 million prior to auction. Located in the Savannah Gulf region, between the Ethridge and Gilbert Rivers, Kutchera has an average annual rainfall of 800 millimetres and multiple stock watering points, 30 dams, 17 bores and five permanent lagoons, and boasts 5247 hectares of creek frontage, with five systems running through the property.
Hunter Valley tourism ripe for Mulpha
Mulpha Australia has snapped up a vineyard in Lovedale, growing its tourism reach in NSW’s Hunter Valley wine region. The boutique Emma’s Cottage Vineyard is located on Wilderness Road and comprises a three-hectare established vineyard on 12-hectares of land,  with a fully licensed cellar door and 40-seat café with a commercial kitchen.
Vaccinations give Qld agri a shot in the arm
With vaccination rates steadily growing across the state, Queensland’s agricultural sector is set for strong 2021-22 results surpassing the previous high in the 2016-2017 season. Queensland’s primary industry commodities have been forecast to reach $20.66 billion in total value for the current season, up 8% on 2020-21 and the 5-year average.
German THF capitalises on booming AG sector
Five separate Queensland-based buyers have splashed out over $100 million combined for the THF cattle and irrigated fodder portfolio in the Fitzroy Basin. Spanning 21,900 hectares west of Rockhampton, include the 9,212 hectare Lucie Station at Bluff, as well as Mostowie (3,859 hectares), Karamea (3,744 hectares), Bindaree (3,168 hectares) and the 1,917 hectare The Pocket.
Timaru breeding station sells for $5m
Vendors of North Queensland’s Timaru have netted the $5 million asking price for the 16,596-hectare breeding operation. A producer from Springsure, in the state’s Central Highlands, bought the property, with the sale including 740 crossbred cows, 350 calves, 30 bulls, up to 50 heifers, and some plant.
Gladstone site to make way for $300m industrial plant
Alpha HPA has purchased a 9.2-hectare site in Gladstone, Queensland to develop a $300 million high purity alumina industrial plant. Alpha HPA has now received approval from the government for the first two stages of its Gladstone hub, which will be built in tandem, bringing jobs to Queensland not only in the delivery stage but once the hub is fully operational.
Cattle family rope in Bandana Station
Owners of the Bunderra Cattle Co brand, the Pickersgill family, have reportedly spent more than $30 million acquiring Bandana Station, in the foothills of the Carnarvon Ranges. The Central Highlands family already owns a portfolio of nine cattle properties around Rolleston, Bauhinia Downs, Alpha and the Northern Territory.
Father and son splash big money for Central Coast pub
Prominent publican Arthur Laundy and his son Stuart have paid $38 million for the large-scale Bayview Hotel on the Brisbane Waters harbourfront on the Central Coast, marking their first acquisition together.
Investors continue regional pub crawl
The freehold interest in the Barham Hotel in regional New South Wales has sold off-market, as the country's pub market refuses to fall out of investor favour.
