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Menegazzos' Miranda Downs takes cattle station listings to $700m


Menegazzos’ Miranda Downs takes cattle station listings to $700m
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The combined value of big cattle stations listed for sale across northern Australia has surged to almost $700 million after the Menegazzo family put its 438,000-hectare Miranda Downs station in Queensland’s Gulf of Carpentaria up for sale, along with 55,000 head of cattle.
Price expectations are between $145 million and $155 million for the renowned property’s rolling term lease, livestock cattle station complex and 6000-megalitre water licence from the Gilbert River, which runs through it.
Miranda Downs is being sold with 55,000 head of cattle 
Miranda Downs is one of eight cattle stations owned by the Menegazzo family’s Stanbroke Pastoral, one of the world’s largest privately owned integrated beef companies. ....

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