The 2.9 million hectare property portfolio includes a herd of 50,000 beef cattle bred for the Australian and export markets
The 2.9m hectare cattle property portfolio up for sale in Western Australia is the size of a small European nation.The 2.9m hectare cattle property portfolio up for sale in Western Australia is the size of a small European nation.The 2.9m hectare Kimberley cattle portfolio covers seven pastoral leases, five sub-leases and an agistment agreement.
“It is very rare to find a property in the region at this scale that can so easily pivot between live export to the north and the southern markets.” The portfolio has been offered for expressions of interest. The latest Rabobank Australian agricultural land price outlook showed average prices for grazing land in Western Australia reached up to $14,800 per hectare, with an average price of $6,000 per hectare across the state.on the Australian Financial Review’s 2023 rich list with a fortune of $4.9bn.
Sale said there was a possibility of adding a feed lot to intensively finish cattle for market, in addition to the existing pastoral operation.
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