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Grazing properties up for grabs
18 Feb 2008
Three of the biggest and best grazing properties in the country are up for sale and are expected to fetch a combined $100 million. Wollogorang Station in the Northern Territory is Australia's longest continually settled cattle station and is expected to sell for as much as $50 million, while Scheelite in King Island is asking $18 million and the Sheraco Group in South Australia is after $20 million. Wollogorang is 705,700 hectares running along 80 kilometres of coastline in the Gulf, can run up to 50,000 head of cattle and receives 94 centimetres of rain every year.
The Australian Financial Review, 18/2/2008
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