Consolidated Pastoral Company (CPC), Australia’s largest privately owned beef producer, has today confirmed it will offer three Queensland properties to the market on October 6.
The properties being offered are Mount Marlow and Gowan in the Blackall District and Cooinda Station, north of Winton. They have all been acquired in the period since 2004 when Mount Marlow was purchased from Michael Gibson and Family.
With recent rain across the region, the three properties are presenting excellently with pasture growth and an opportunity for an incoming owner to benefit from the strong start to the season. These properties, which are being marketed by Ruralco Property, will be offered with the opportunity to acquire cattle from CPC.
Mount Marlow Station
Comprising an area of 73,100 hectares, Mount Marlow is ideally suited to be run as a breeding and growing property. The property, which is Organically Certified and is estimated to carry 4,000 head of mixed cattle, provides 32 kilometres of frontage to the Barcoo River with extensive channels and permanent and semi-permanent waterholes. The diversity of pastures on Mount Marlow include Mitchell, Flinders, Button, Buffel, prolific herbages, Blue Bush and Lignum.
Gowan is a 18,077-hectare property located approximately 70 kilometres south of Blackall, with a mixture of developed Gidgee sown to Buffel grass, lightly shaded Mitchell grass, lightly shaded pebbly Gidgee country and flooded Coolibah creek systems. Gowan is estimated to carry 3,000 to 4,000 cattle, with all paddocks watered by the property’s own reticulated bore system.
A 24,300-hectare property located approximately 70 kilometres north of Winton, Cooinda is ideally suited to growing back grounding cattle for northern and southern markets. With an estimated capacity of 3,000 to 4,000 cattle, Cooinda Station features a balance of Flinders and Mitchell grass with plentiful artesian water.
Troy Setter, Chief Executive of CPC, commented:
“We continue to invest in the future growth of CPC. These properties are being marketed with a view to reinvesting the proceeds into the further development of our existing northern stations.
Ruralco Property’s Andrew Adcock has been appointed to market the 3 properties, culminating with an Auction in Brisbane on October 6, if not sold prior. No further property sales are planned.
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NOTES TO EDITORS
Consolidated Pastoral Company (CPC) is Australia’s largest privately owned cattle producer. The company currently owns or operates a portfolio of 19 cattle stations comprising more than 5.6m hectares (greater than the size of Switzerland) of land in Australia.
The company also holds an 80% interest in a joint venture which owns and operates two feedlots in Indonesia. CPC direct sales channels primarily involve selling cattle and beef to Asian consumer markets, domestic feedlots or processors, and exporting live cattle.
For further information on CPC, please visit http://www.pastoral.com
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