Caroona (cattle feedlot)
Size
23,500 SCU with 1,387 ha of associated cropping land
Lessee
JBS Australia Pty Ltd
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
n/a
Cobungra
Location
East Gippsland, VIC
Property Type
Breeding & backgrounding
Lessee
Stone Axe Pastoral Company
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
Colliers
Jun 2021
Developments
Grazing area
5-year Development
Upgrade to existing 4221 ha area
Mungindi (cattle feedlot)
Size
12,000 SCU with 409 ha of associated cropping land
Lessee
JBS Australia Pty Ltd
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
n/a
Oakland Park
Property Type
Cattle breeding
Lessee
Cattle JV Pty Ltd
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
Herron Todd White
Jun 2021
Developments
Water points
5-year Development
21 additional water points (combined developments for Mutton Hole and Oakland Park)
Pasture
5-year Development
An additional 33,333 ha (combined developments for Mutton Hole and Oakland Park)
Prime City (cattle feedlot)
Size
35,000 SCU with 4,021 ha of associated cropping land
Lessee
JBS Australia Pty Ltd
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
n/a
Riverina Beef (cattle feedlot)
Size
53,000 SCU with 1,830 ha of associated cropping land
Lessee
JBS Australia Pty Ltd
n/a
Adjusted Property Value (31 Dec 2021)
Woodburn
Property Type
Breeding & backgrounding
Lessee
Stone Axe Pastoral Company
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
Colliers
Jun 2020
Developments
Grazing area
5-year Development
Upgrades to existing 802 ha
Yarra
Property Type
Breeding & backgrounding
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
CBRE
Dec 2021
Beef City (cattle feedlot)
Size
26,500 SCU with 760 ha of associated cropping land
Lessee
JBS Australia Pty Ltd
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
n/a
Cerberus
Property Type
Breeding & backgrounding
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
CBRE
Jun 2020
Comanche
Property Type
Breeding & backgrounding
Lessee
Australian Agricultural Company (ASX: AAC)
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
CBRE
Jun 2020
Developments
Pasture
5-year Development
An additional 595 ha
Dyamberin
Property Type
Breeding & backgrounding
Lessee
Stone Axe Pastoral Company
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
Colliers
Jun 2020
Developments
Grazing area
5-year Development
Upgrades to existing 1,175 ha
Homehill
Property Type
Breeding & backgrounding
Lessee
Australian Agricultural Company (ASX: AAC)
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
CBRE
Jun 2020
Mutton Hole
Property Type
Large-scale cattle breeding
Lessee
Cattle JV Pty Ltd
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
Herron Todd White
Jun 2021
Developments
Water points
5-year Development
An additional 21 water points (combined developments for Mutton Hole and Oakland Park)
Pasture
5-year Development
An additional 33,333 ha (combined developments for Mutton Hole and Oakland Park)
Natal Aggregation
Location
Charters Towers, QLD
Property Type
Backgrounding & finishing
Lessee
DA and JF Camm Pty Ltd
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
JLL
Jun 2021
Developments
Water points
5-year Development
An additional 50 water points
Petro, High Hill & Willara (WA properties x3)
Property Type
Breeding & backgrounding
Lessee
Stone Axe Pastoral Company
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
Herron Todd White
Dec 2021
Developments
Irrigated area
5-year Development
Upgrades to existing 200 ha
Grazing area
5-year Development
Upgrades to existing 5,402 ha
Rewan Station
Property Type
Backgrounding & finishing
Lessee
Australian Agricultural Company (ASX: AAC)
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
LAWD
Dec 2021
Developments
Cultivation area
5-year Development
An additional 250 ha
Pasture
5-year Development
An additional 200 ha
Coolibah
Property Type
Backgrounding
Lessee
Mort & Co Lot Feeders Pty Ltd
n/a
Adjusted Property Value (31 Dec 2021)
Valuer & Valuation Date
n/a
31 December 2021 value includes Kaiuroo aggregation, which has a settlement period of up to November 2023. Five-year developments refer to the development potential of assets. Forecasts capex includes rentable and non-rentable amounts. Where no independent valuation has been conducted since acquisition, the purchase price and acquisition date have been listed. JBS Feedlots are not independently valued in financial statements as they are accounted for as a finance lease and are measured at amortised cost. Homehill includes an additional area purchased in December 2020, for $4.4m. Yarra includes an additional area purchased in December 2021, for $14.6m. Kaiuroo, which has a settlement period of up to November 2023 not included.