Unique north QLD cattle property primed to attract widespread buyer interest

Brisbane, 02 June 2016 – As investor demand for Australian cattle property continues to strengthen, a premium grazing parcel in north Queensland is being offered to the market.

CBRE Agribusiness’ Chris Holgar, Thomas Warriner and Geoff Warriner have been appointed to sell Rangeview - a unique, highly productive 3,634 hectare beef cattle property situated just south of Clairview, between the regional centres of Mackay and Rockhampton.

Whilst Rangeview has historically operated as a diverse rural landholding growing sugarcane, bananas and hardwood timber, the property has most recently developed as a backgrounding and fattening operation carrying approximately 1,800 head.

Selling agent Chris Holgar said the property’s position in one of Australia’s most renowned cattle regions was expected to attract strong investor interest.

“This established operation benefits from a central position between the major centres of Mackay and Rockhampton, which ensures immediate access to a host of markets, both domestic and live export,” Mr Holgar said.

Located in a traditionally high rainfall region of Queensland, Rangeview boasts versatile soil types and range of pastures and legumes, including Callide Rhodes, Setaria and Mekong Brizantha, Wynn Cassia, Stylos, Cavalcade and Bundy Centro. 

“The property is also benefited by a 40 hectare irrigation licence from Clairview Creek, with huge potential to capture overland flows as well,” Thomas Warriner added.

Rangeview is being offered for sale by Expression of Interest closing June 23 at 4pm.

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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.