Wollogorang and Wentworth cattle stations sell for $47 million
Property ObserverDecember 7, 2020
Chinese billionaire Xingfa Ma has bought Wollogorang and Wentworth cattle stations on the Gulf of Carpentaria for $47 million.
Listed as one of the top 400 wealthiest men in China, according to Forbes, he already has agricultural WA land including Balfour Downs and Wandanya stations along with Ferngrove Wine Group and Emu Downs Station.
The newly acquired 705,700 hectare station comes with 40,000 head of cattle, the Australian Financial Review reported.