Article by Tallis Miles, courtesy of The Weekly Times
17.02.2026
Australia’s richest person is preparing to offload an 22,667ha institutional scale grazing and dryland aggregation, located 25km south of Roma in the Maranoa region of Queensland.
Offers greater than $50m are expected for Gina Rinehart’s Rockybank Aggregation, which is being offered for sale via her Hancock Agriculture enterprise.
The aggregation comprises two contiguous holdings, Rockybank (16,441ha) and Holyrood (4145ha), and one non-contiguous holding, Maffra South (2082ha). All three properties are located within an 8km radius of one another, and are being offered as a whole, or as separate assets.
Earlier this year Hancock Agriculture representatives flagged the sale of the asset, due to the Queensland’s Government land tax policy, which charges foreign farmland owners.
Ms Rinehart is the majority owner of S Kidman, but a one-third minority is held by China’s Shanghai Cred, which qualifies the company for the state’s foreign land tax.
Acquired by S Kidman in 2013, the Rockybank Aggregation has historically been used as the Kidman bull breeding unit, but in more recent years was run as a breeding block and for finishing weaners to feedlot entry.
LAWD agents Danny Thomas and Elizabeth Doyle have been appointed to sell the aggregation via expressions of interest closing April 1.
“This is an excellent turnkey asset, complete with high-quality cropping and grazing land, and an experienced management team prepared to stay on with the new owners,” Mr Thomas said.
“The quality of cattle produced here is exceptional, with Hancock Agriculture’s premium 2GR Wagyu beef brand winning the world’s best grain-fed fillet at the World Steak Challenge Awards in London last year.
“The substantial investment in infrastructure sets the new owners up for immediate operational success and long-term growth.”
The largest property in the aggregation is Rockybank, which comprises 14 freehold titles.
The property has historically been used as a bull breeding unit, supplying Santa Gertrudis and Kidman composite bulls to the broader business.
It has an estimated carrying capacity of 3800 adult equivalents across 12,233ha of open grazing land and 2191ha of timbered grazing.
Oats are the main commodity grown on 2017ha of exclusion-fenced dryland cropping, which is used as supplementary livestock feed during winter months.
The Holyrood property is made up of three freehold titles, with 3285ha of improved grazing land.
Previously used to supply Wagyu feeder cattle into the 2GR Wagyu program, Holyrood has a carrying capacity of 1400AEs with about 860ha used for dryland cropping of forage crops, with oats and forage sorghum predominantly grown for supplementary livestock feed.
Exclusion fenced on three sides with a central laneway to all paddocks, Maffra South is a single freehold title with an estimated carrying capacity of 575AEs. It has also been used for Wagyu breeding.
