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  • Australia’s strengthening beef sector to steer investors east

Australia’s strengthening beef sector to steer investors east

9 March 2016
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Brisbane, 10 March 2016 – A large footprint in the Rockhampton region’s agricultural sector is being offered to the market for only the second time in 70 years.

CBRE Agribusiness’ Geoff Warriner, Chris Holgar and Thomas Warriner have been appointed to sell Clifton – a land parcel sprawling 16,000 hectares (plus 4,122 hectare Forestry Lease) with a combined cattle carrying capacity of approximately 4,000 Adult Equivalents.

Located close to Rockhampton – Australia’s revered beef capital – the premium holding comprises a mix of land and soil types conducive to a diverse range of uses, as well as extensive native and improved pastures including Buffel, Green Panic, Rhodes Grass and Secca and Verano Stylos.

Subdivided into approximately 20 paddocks, the property offers a premium opportunity to acquire a significant footprint in Australia’s beef market.

Geoff Warriner commented on the opportunity: “This premium property represents an outstanding opportunity for new entrants into the beef industry through to existing industry participants, representing size, scale, diversification and affordability close to Rockhampton.

“This well-established, versatile holding represents outstanding quality in all aspects, enabling the successful purchaser to follow in the footsteps of notable industry leaders such as the Ray and Olive families.”

Mr Warriner said the property’s proximity to Rockhampton was expected to draw significant investor interest.

“The opportunity to acquire a property with scale and scope for expansion in one of the most keenly contested sectors of the agribusiness market will no doubt attract a wide range of interest from both domestic and foreign investors,” Mr Warriner said.

“Furthermore, Clifton’s location, quality and soil types lend favourably to further development in order to capitalise on its proximity to end markets.”

The property is being offered for sale by Public Auction on Thursday 21 April 2016 at 11am at the Leichardt Hotel, Rockhampton, Queensland, if not sold prior.

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About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2015 revenue).  The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than  400 offices (excluding affiliates) worldwide.  CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.  Please visit our website at www.cbre.com.

 

 

 

 

 

 

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