Esmeralda, Queensland farm sells

Esmeralda, Queensland farm sells
Esmeralda, Queensland farm sells

The Sydney based Gunn Agri Partners, headed by Macquarie Group's former chief operating officer in Brazil, Alan Hoppe, has secured the Central Queensland cattle station, Esmeralda in central Queensland.

It was listed at around $40 million.

Gunn Agri, trading as Cunningham Cattle Company and backed by Luxembourg funds, purchased the 406,000 hectares North of Richmond with 30,000 head of cattle. 

The deal follows Gunn Agri's purchase of a 36,000 hectare cattle aggregation near Roma in the Maranoa region of Queensland last December for about $11 million.

Gunn Agri counts among its directors the chairman of live export company Austrexx, Rick Trivett.

Ruralco Property's Troy Trevor and Peter MacPherson negotiated the deal.

There is also speculation the Gunn Agri Cattle Fund has made another major rural property acquisition, buying Goodar Station, north of Goondiwindi in Queensland, for about $20 million.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Rural Cattle Farm

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