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Cotton power couple list $70m ‘carbon positive’ farm

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Prominent cotton growers David and Danielle Statham are hoping to rake in more than $70 million from the sale of one of the jewels in their farming empire, St Ronans Station in Far North Queensland – as they focus on developing a major wind farm on a carved-out portion of the holding.

The 44,000-hectare dryland cropping and cattle property near Mt Surprise – about 300 kilometres south-west of Cairns – is the largest holding within the Stathams’ Sundown Pastoral Co, which is based at Keytah, a 26,300ha cotton powerhouse near Moree in western NSW.

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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    Original URL: https://www.afr.com/property/commercial/cotton-power-couple-list-70m-carbon-positive-farm-20240913-p5kaes