Cattle assets

RFF purchased three Queensland cattle properties in mid-2016

Two of the properties, Mutton Hole and Oakland Park, are large-scale breeding properties situated southeast of Normanton on the Gulf of Carpentaria in northern Queensland.

Rewan Station is a high-quality backgrounding and finishing property located 55 kilometres south of Rolleston in central Queensland within commercial proximity of multiple market facilities including feedlots, abattoirs, saleyards and ports.

Improved pasture on Rewan, including fodder crops, forage legumes and highly productive leucaena provides a quality feed base for fattening. Together, the properties provide the lessee, Cattle JV Pty Ltd, an efficient and reliable supply of young cattle and a range of markets to sell them.

Property Location Property type Size
Mutton Hole Carpentaria, Queensland Breeding 140,300 ha
Oakland Park Croydon, Queensland Breeding 85,500 ha
Rewan Station Rolleston, Queensland Backgrounding and finishing 17,500 ha

^Lease expiries weighted by forecast FY18 rental income