The Queensland Chiconi family’s offering of a $75 million Wagyu beef powerhouse farm will provide the first major test this year of appetite for blue-chip rural assets that held their values last year even as second- and third-tier properties weakened.

Industry veterans Noel and Jo-Anne Chiconi have brought to the market their Taylors Plains property, which spans just under 34,000 hectares of fertile grazing land about 104 kilometres north of Mungallala – between Charleville and Roma – in the heart of outback Queensland.