Wagyu beef producer David Blackmore buys Benalla district farm

Wagyu beef producer David Blackmore buys Benalla district farm
Wagyu beef producer David Blackmore buys Benalla district farm

The Benalla district farm of the late cattle industry leader Mike Burston sold at auction last week for $4.95 million to the award winning Wagyu beef producer, David Blackmore.

The property, East Mt Ada spans 610 hectares in the heart of Victoria's Broken River Valley.

Its Ruralco Property Hume agents Luke Marple and Brett Neilson had been expecting around $4.75 million.

Burston received an OAM last year for his services to the industry, having been on the Cattle Council of Australia for seven years.

His East Mount Ada was home to the Yallambee Poll Hereford Stud until its dispersal.

It had been farmed by Burston for about five decades after he moved from the southern Riverina.

Its carrying capacity was put as 6000 dry sheep equivalents (DSE) or 375 cow and calf units range.

Blackmore, whose beef is exported to around 20 countries, had been seeking farmland after abandoning a zoning and land use battle with the Murrindindi Shire Council at his 150-hectare Alexandra farm north of Melbourne.

This article was first published in The Weekend Australian.

 

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.

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Rural Sale Benalla

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