Agriculture is still important!

 

Two Indonesian companies have purchased Top End cattle stations in just over half a year. This goes to show that agriculture is still significant! This is as well as business in merchandise.

 

It is believed that Great Giant Livestock Co., the second largest cattle feedlot of Indonesia, has bought Willeroo Station from the Bruneian Sultan for $15.1million. This is as at the end of last year, the Japfa group of Indonesia, also known as Santori, purchased Riveren and Inverway for approximately $35million.

 

The Willeroo covers 170,000 in the South West of Katherine, estimated to hold a capacity of 22,000 cattle head. Following negotiations by Ruralco Property's Andy Gray and Steve Liebelt, the final deal included 17,000 cattle head.

 

A smaller property, also near Katherine is expected to be purchased by another Indonesian company in the near future, as Ruralco has commenced a marketing campaign to sell Moroak Station, also within the Northern Territory.

 

With agriculture still in play in South East Asia, why not search for your land or dream agricultural property at www.commercialpeople.co.id – Coming soon.