This article is from the Australian Property Journal archive
FORMER stockman and BRW rich lister Tom Strachan has bought 7,300ha grass-fed beef landholding in Queensland.
Lighthouse is situated between the regional centres of Roma and Taroom, approximately 420km west of Brisbane.
CBRE Agribusiness regional director Danny Thomas, manager Chris Holgar and senior consultant Geoff Warriner sold Lighthouse via a two-stage expression of interest campaign on behalf of the estate of the late Dr James (Jim) Baker.
Thomas said the offering represented an outstanding opportunity to establish a strategic footprint within Australia’s red meat supply chain.
“Lighthouse has undergone significant development over the past four decades, resulting in the establishment of one of the most well regarded holdings in the district,” Thomas said. “This property presented an appealing investment opportunity to invest capital in Australia’s increasingly attractive agricultural market.”
Australian Property Journal