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Hancock Agriculture lists its 56,000-acre Queensland ranch for over $50M amid foreign investment rules.
Hancock Agriculture has listed its 56,011-acre Rockybank aggregation in Queensland for over $50 million, including properties Rockybank, Holyrood, and Maffra South near Roma.
The land, part of a joint venture between Gina Rinehart’s Hancock Prospecting and China’s Shanghai CRED, supports cattle breeding, grazing, and dryland cropping with a capacity for 3,800 adult cattle equivalents.
Recent upgrades include blade ploughing, deep ripping, and regrowth clearing, along with infrastructure like shaded yards, silage storage, and water systems.
The sale follows Queensland’s foreign investment tax policy, influencing divestments of high-value rural assets.
Contact agents Danny Thomas or Elizabeth Doyle for details.
Hancock Agriculture pone en venta su rancho de 56 mil acres en Queensland por más de 50 millones de dólares en medio de las reglas de inversión extranjera.