Funds and families list four Queensland cattle stations for sale

Three Queensland cattle stations are headed to auction, while a 34,005ha aggregation is also up for grabs. See the details.

Australian agricultural investor and asset manager AAM Investment Group are set to offload the 34,005ha Mt Harden Aggregation, near Blackall in Central Queensland.

A series of first class Queensland grazing assets are set to test the market, including a 34,005ha Central Queensland property plus three others headed to auction.

Major Australian agricultural investor and asset manager AAM Investment Group is selling the Mt Harden Aggregation, comprising three contiguous properties: Mt Harden, Lowana and Morundahm, located 72km south west of Blackall.

Purchased by AAMIG in 2021 for $24.8m, the breeding, backgrounding and bullock fattening property is rated to carry 6172 adult cattle equivalents.

No price guide for the aggregation has been offered.

During AAM’s tenure, managing director and chief executive Garry Edwards said they had undertaken an extensive capital investment program across the Mt Harden aggregation.

“In recent years AAM has transitioned its broader pastoral holdings, that it is retaining within the Blackall region surrounding Mt Harden, to support a large-scale integrated meat sheep supply chain turning off up to 80,000 lambs annually,” he said.

The Mt Harden Aggregation is rated to carry more than 6000 head of cattle.

“The current significant market demand for high-quality pastoral holdings in central Queensland presents a compelling opportunity for AAM to capitalise on favourable market conditions to divest the Mt Harden aggregation and realise capital growth within the broader investment portfolio for AAM’s investors.

“Sale proceeds will be strategically reinvested to support targeted earnings growth initiatives across other assets within the funds’ portfolio, aimed at promoting continued growth and value creation for AAM’s investors.”

Ray White Rural Queensland and Rural Property & Livestock are handling the sale via a May 22 deadline.

The 7915ha Pasha is to be sold via auction on April 9.

Meanwhile, 500km northeast of Blackall at Pasha, a 7915ha cattle backgrounding and finishing property has been listed for sale, scheduled to be offered via auction on April 9.

Conservatively estimated to carry 2500 Adult Equivalent (AE), Pasha comprises 4406ha of developed gidgee and brigalow with melonholes, 1421ha of poplar box and 782ha of river red and blue gum alluvial flats.

There is also a further 762ha of eucalypts and bloodwood on clay and 544ha of brigalow with blackbutt.

No price guide has been offered for the Pasha property, however, broader Clermont district land values have ranged from $3700 a hectare to $4942.

LAWD is selling the Pasha property via auction at The Commercial Hotel in Clermont.

Grimwade & Gordon Land have listed the 12,053.16ha Oinmurra and the 11,906ha Cashmere West (pictured) properties for sale.

Finally, Grimwade & Gordon Land Pty Ltd is selling two southern Queensland grazing properties following a change in production focus and geographic footprint for the group.

The partnership between sheep breeder George Grimwade and former rich lister Michael Gordon is offering both the 12,053.16ha Oinmurra and the 11,906ha Cashmere West via an auction at the St George Cultural Centre on May 2.

Located at Dirranbandi, Oinmurra is suited to beef cattle and sheep with full exclusion fencing and excellent water with a carrying capacity of 2000 adult equivalents.

Meanwhile at St George, Cashmere West has run significant numbers of beef cattle on agistment alongside the small stock enterprise, with production capacity rated at 2295 adult equivalents.

Grimwade & Gordon Land bought Oinmurra in 2020 and Cashmere West in 2022, but later land purchases in northwest NSW have shifted the focus of production.

Elders Real Estate agents Phillip Kelly and Leah Freney are handling the sale.