Esmeralda, Queensland farm sells
The Sydney based Gunn Agri Partners, headed by Macquarie Group's former chief operating officer in Brazil, Alan Hoppe, has secured the Central Queensland cattle station, Esmeralda in central Queensland.
It was listed at around $40 million.
Gunn Agri, trading as Cunningham Cattle Company and backed by Luxembourg funds, purchased the 406,000 hectares North of Richmond with 30,000 head of cattle.
The deal follows Gunn Agri's purchase of a 36,000 hectare cattle aggregation near Roma in the Maranoa region of Queensland last December for about $11 million.
Gunn Agri counts among its directors the chairman of live export company Austrexx, Rick Trivett.
Ruralco Property's Troy Trevor and Peter MacPherson negotiated the deal.
There is also speculation the Gunn Agri Cattle Fund has made another major rural property acquisition, buying Goodar Station, north of Goondiwindi in Queensland, for about $20 million.
