This article is from the Australian Property Journal archive
PASTORALIST company Rallen Australia has added to its expansive top end cattle property portfolio with the $49 million acquisition of Woolner Station.
Located 150 kilometres east of Darwin in the Mary River region, background enterprise Woolner Station spans 64,700 hectares and was offered last year bare of livestock, plant and equipment.
Andrew Gray Land & Livestock’s Andrew Gray managed the sale on behalf of prominent businessman David Walker.
Around three-quarters of the country is low lying to level coastal and alluvial floodplains, rising to gently undulating red country. The overlying fertile soil types receive annual rainfall of 1,700 millimetres and there is 18 kilometres of coastal frontage.
Up to 15,000 head of cattle have been delivered from April each year, heading into dry season, through to December.
Rallen Australia will use the property for putting weight onto steers before exporting.
Rallen Australia’s owners, Pierre Langenhoven and Luciana Ravazzotti, have now spent more than $200 million across seven purchases in the Top End over the past six years, with the haul totalling more than 1.2
Ravazzotti is the daughter of one of South Africa’s richest men, Giovanni Ravazzotti.
A few kilometres closer to Darwin, the Northern Territory Land Corporation has just sold a vacant agricultural land parcel to Duxton Farms for $10.25 million.
NT Portion 5088 is part of the Wildman Agricultural Precinct development, which encompasses approximately 26,000 hectares of land, located 135 kilometres east of Darwin.
