Cotton farms could fetch up to $25m
THE owners of two irrigated cropping and grazing properties in the Border Rivers region in Queensland's south west are hoping to cash in on Australia's booming agricultural sector. Operated by the Grey family, Garrawilla (1723h) and the adjoining Belmore (518ha) in the Barwon River catchment on the Queensland-NSW border are up for auction next month along with their valuable water entitlements. The properties focus on cotton and winter cereals and according to sources Garrawilla is expected to sell for between $18m and $20m and Belmore $4.5m and $5m before or at the March 18 auction in Goo...
Source: cqnews.com.au