A 496-hectare grazing property in New South Wales was passed in at auction for $8 million.

A 496-hectare (1,226-acre) grazing property called Braelea in New South Wales, Australia, was passed in at auction for $8 million. Located in the Hernani district, it supports a Wagyu cattle business and has a carrying capacity of 500 adult cattle. The property features over 50 paddocks for rotational grazing, abundant water sources, and various infrastructure, including cattle yards and accommodations. Negotiations for the property are still open.

November 01, 2024
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