The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
FULL PROGRAM RELEASED FOR URBANITY-25 CONNECTING PROPERTY LEADERS ACROSS THE ASIA PACIFIC
FULL PROGRAM RELEASED FOR URBANITY-25 WHERE THE PROPERTY INDUSTRY CONNECTS
VIEW FULL AGENDADETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
PlanningStaff WriterSun 19 Nov 17

Camm Agricultural Group Places Queensland Farm on the Market

cammfamily

One of Queensland's largest feedlot farming properties is on the market with the Camm family's 6,000 hectare Morocco station expecting to fetch around $18 million.

The listing follows the Camm Agricultural Group divesting its northern cattle properties to Rural Funds Group for $72.5 million.

Morocco, situated north of St George, Queensland, is a significant irrigated and dryland cropping property.

CBRE Agribusiness senior managers Thomas Warriner and Simon Cudmore have been appointed to market the property.

"The market for quality irrigated and dryland cropping properties is highly competitive in today’s climate, with very few offerings available – the opportunity to acquire Morocco presents an exciting opportunity for investors to acquire land along the Balonne River," Warriner said.

The 5,939 hectare farming property is located along the renowned Balonne River and accessed via the Carnarvon Highway.

Morocco has historically grown cotton, corn, wheat, sorghum, chickpea, barley and mungbean and supplies offtake to both the family owned feedlot near Dalby and nearby end markets.

A key feature is the 5,340 megalitre water allocation which, coupled with a reliable river system and ample on-farm water storages, completes a productive irrigation enterprise.

The Camm family acquired Morocco in 2006 for $10 million, securing feedlot development plans for the property. Morocco has planning approval for a state-of-the-art feedlot with a proposed 26,320 Standard Cattle Unit capacity.

The Camm Agricultural Group filed a $19.5 million profit for the year to June 2016 -- up from a $3.6 million loss the year prior.

IndustrialAustraliaSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
Exclusive

Accor Deputy Delivers Verdict on Brisbane Games Hotel Shortfall

Phil Bartsch
6 Min
Qld Budget 2025-26 Brisbane City
Exclusive

Billions Promised, Now Deliver: Industry’s Qld Budget Verdict

Vanessa Croll
6 Min
View All >
Residential

Consolidated Reveals Next Riverfront Play in $64m Deal

Leon Della Bosca AND Taryn Paris
Sponsored

Rare Coastal Development Opportunity in Heart of Mooloolaba

Partner Content
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
The sector’s productivity has slumped and it’s costing the nation. But has the industry been looking in the wrong place …
LATEST
Residential

Consolidated Reveals Next Riverfront Play in $64m Deal

Leon Della Bosca AND Taryn Paris
3 Min
Development

Rare Coastal Development Opportunity in Heart of Mooloolaba

Partner Content
2 Min
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Markets

Private Credit’s Biggest Risk in Expansion: Sameer Chopra

Taryn Paris
2 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/camm-agricultural-groups-places-queensland-farm-market