JLL To Market Cubbie Station

BRISBANE, AUSTRALIA-The biggest producer of cotton has put one of its iconic farms on the market. Jones Lang LaSalle will market Cubbie Station in South West Queensland. The Cubbie Group property was estimated to be work $450 million at the end of June.

JLL’s managing director Stephen Conry, director of sales and investments Geoff McIntyre will coordinate the sale of one of Australia’s biggest agricultural properties. The sale will be done with an International Tender campaign, which will close on September 20.

“Cubbie is a piece of Australian rural history, as a major world producer of high quality cotton and as one of the largest singular irrigation developments within Australia,” Conry says. “This is a first class international rural investment featuring strategic and highly developed economies of scale, benefits from the gravity water system, water efficiency and an internationally high standard of capital development.”