Farming families join forces to buy New England station
Farming families join forces to buy New England station Share Three New England farming families have banded together to acquire one of the region’s top grazing properties, Kingsgate Station, for almost $12 million. The 11,800-hectare property about 32 kilometres east of Glenn Innes had been owned since 1983 by Hereford cattle breeders Paddy and Jay Quilty. The Quiltys had been trying to sell it since late 2019. Kingsgate Station has a current carrying capacity of 1000 cattle. While there were plenty of people wanting to buy it cheaply, selling agent Jim Ritchie of Nutrien Harcourts said ...
Source: afr.com