A 101,600-hectare farm with 11,000 head of cattle is for sale in Australia. How much does it cost?

An offer has appeared on the Australian agricultural property market whose scale is almost unimaginable by European standards. In central Queensland, the “Laglan Pastoral Company” – a cattle-rearing business – is up for sale; the deal covers an area of 101,600 hectares, at least 11,000 head of cattle, and the farm’s machinery and infrastructure. This is not only a massive farm, but also a business with a history stretching back almost a century.

It is not a single plot of land or a farm that is for sale, but 100 per cent of the shares in “Laglan Pastoral Company Proprietary Limited”.

The company is the registered tenant of two vast pastoral leaseholds – “Laglan” and “Madison”. The former covers approximately 39.2 thousand ha, the latter 62.4 thousand ha. Together, they cover 101,600 ha, or an area of more than 1,000 square kilometres. By way of comparison, this is an area almost twice the size of the administrative territory of the city of Vilnius.

The land is managed under long-term pastoral lease agreements: the current lease for “Laglan” runs until 2049, whilst that for “Madison” runs until 2039.

As the company’s shares are being sold, the water usage licences held by the company and other registrations necessary for the farm’s operation remain with the company.

The farm’s core activity is beef cattle farming. It carries out cattle breeding, rearing and fattening.

It is reported that the farm’s forage base allows it to support approximately 14,500 adult cattle. The farm mainly rears Brahman cattle. This breed is well adapted to the hot and challenging conditions of Australia.

One of the most important advantages of ‘Laglan’ is its water resources. The estate borders the Belyando River; several streams flow through the land, there are 28 ponds and nine operational boreholes, and the water is distributed via a network of pipelines. In Australia’s extensive cattle farming sector, where droughts can determine the outcome of the entire business, such infrastructure is regarded as a strategic asset.

The estate is divided into approximately 40 main pastures and 27 smaller cattle holding and sorting pens. These are linked by a system of cattle drive corridors, and the farm operates three main cattle collection and handling complexes.

The infrastructure is complemented by a private airfield – on Australian farms of this size and in such a remote location, an aircraft is not a luxury but a practical means of transport and farm management.

The current sale is being conducted in an exceptional manner: potential investors are being offered the opportunity to acquire the entire company in a single transaction. The seller does not intend to split up the assets and is seeking a single buyer for the entire shareholding. Bids are expected by 29 October 2026. Thereafter, shortlisted potential buyers are expected to proceed to a stage of due diligence and final offers.

The official sale price has not been disclosed. However, the Australian media, citing market expectations, suggest that the value of “Laglan Pastoral Company” could exceed 150 million Australian dollars. This is not a fixed price announced by the seller, so the final transaction value may differ.