Bettergrow Acquires $11M Grazing and Cropping Land in Central Tablelands
What happened
Bettergrow, part of the Borg Group, purchased Ashford Heath in New South Wales’ Central West for $11 million, which equates to $4334 per hectare. The property, spanning 2538ha, is a grazing and dryland cropping opportunity that was previously owned by the Jones family for 70 years. The transaction involved Michael Borg and Chris Malone.
From beefcentral.com
Why it matters
The acquisition represents a significant investment in agricultural assets within the Central Tablelands region. The property supports both prime lamb breeding and finishing programs and dual-purpose cropping operations, increasing the regional capacity for agricultural production.
From beefcentral.com
Who's involved
- Michael BorgInvolved in the sale of Ashford Heath.
- Chris MaloneInvolved in the sale of Ashford Heath.
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The entities involved
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Central Tablelands
region in New South Wales, Australia
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Michael Borg
researcher
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Chris Malone
finance researcher at Massey University in New Zealand from 1990
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Kurrajong
parish of Cook County, New South Wales, Australia
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