Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

Joel Robinson

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

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The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

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Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

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Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

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Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

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The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

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Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

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“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

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Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

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Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

Cattle Station

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Gina Rinehart has expanded her beef production in New England, with the purchase of the historic Warrabah Station.
Set between Kingstown and Manilla, the acquisition takes Rinehart's New England properties to six including Glendon Park.
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<div>The properties include three Lyndhurst properties, totalling 3280 hectares, and two Kingstown properties which includes the 17,800-hectare Sundown Valley.</div>
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<div>"Ms Rinehart has moved into agricultural land purchases because she is passionate about beef production," David Larkin, Hancock Agriculture's CEO told Nine Entertainment.</div>
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"There are considerable players in the global meat export market. We are expanding our development into that market, and we have 23,000 Wagyu on the ground," he said.
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Ms Rinehart owns one of the world's biggest full-blood and pure-bled wagyu herds, with more than 8000 head.
The Wagyu are finished and processed in Australia, then delivered into mainly local and some overseas markets, including the Nobu restaurants in Australia and overseas.
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Fire surrounded the historic Warrabah Station earlier this year.
The drought has prompted the farm to downsized their herd to 400 head from 1400.
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j.ballantyne1990-6AQqhLzZaK

Gina Rinehart buys Warrabah Station in New England

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Wollogorang and Wentworth Station, the renowned 705,000 hectare cattle station in North Territory, has hit the market. 
Bordering the Gulf of Carpentaria, it comprises 576,000 hectare Wollogorang Station and 129,000 hectare Wentworth Station. 
The property can be reached by air from Cloncurry or Mt Isa, as well as accessed via the road network.
The properties’ natural attributes include reliable and plentiful rainfall, with additional water sources including large creeks and seasonal lagoons.
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Over the last four years, there has been upgrades to the property's infrastructure, including the installation of Lorentz solar bore pumps
Additionally, the current owners have made inroads in the field of genetics with reference to the station’s stock of Brahman cattle.
Wollogorang and Wentworth cattle stations are being sold with an inventory of 30,000 head of cattle, though the land can take a higher load.
Already in place are new cattle yards and livestock management equipment found near the main homestead, capable of taking on 3000 head of cattle.
<img src="https://www.urban.com.au/images/2019/9/11/5%20IM%202.JPG" alt=""> 
Accommodation for staff and management is well catered for, with the main homestead offering a two storey, five-bedroom home, with contemporary features such as a cinema room.
The property is being sold through Ray White Rural Queensland by expressions of interest, which closes September 25. 
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Wollogorang and Wentworth, NT cattle stations for sale 

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The rural property trust, Rural Funds Group has bought Cobungra Station for $35 million.

Cobungra Station – one of Victoria's largest and most prestigious high-country beef breeding enterprises – was offered for sale last April.

It was for only the third time in 100 years.

The $35 million deal secured the 6486-hectare alpine beef property at the foot of Mount Hotham, plus more than 24,000 hectares of adjacent grazing licences.

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Cobungra Station has a history and reputation as a grower of high quality Australian beef stretching back to the 1800s.

Its cattle comprises Full Blood Wagyu, F1 Wagyu Cross and English Breed herds.

In 2001 a comprehensive full blood wagyu breeding programme commenced, starting with a herd of 70 cows descended from Michifuku bloodlines. Since then the Cobungra full blood wagyu herd has developed substantially.

At between 1000m and 1500m above sea level, the altitude and clean mountain air, combined with abundant clean water makes a naturally healthy place to raise cattle. 

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Cobungra Station's Wagyu product is distributed under the award-winning “Blackmore Wagyu” label.

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Stone Axe Pastoral Company, a Wagyu producer that leases two other properties from RFF, has entered a ten-year lease with a rent review in year five.

The <a href="https://www.realestate.com.au/property-livestock-vic-omeo-7952550" target="_blank">1929 Great Alpine Road, Omeo property</a> was offered through Elders and Colliers.

<h2>VIC properties now selling:</h2>

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Rural Funds Group buys Cobungra Station for $35 million

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Bundarbo Station, the cattle farm of the late media executive Sam Chisholm in the NSW Hilltops Region, has been listed for sale by the executors of his estate.
The farm is located at Jugiong, a small community on the Murrumbidgee River, north west of Canberra.
The next buyer of Bundarbo, which comprises 160 hectares of rich alluvial river flat land, will only be its third owners since the pioneer settlement.
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The property was taken up in the 1840s by the well-known pastoral Osborne family, at that stage a holding of 65,000 acres, and was held in the family for 150 years until sold Sam Chisholm and wife, Sue.
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It is home to Hazeldean blood commercial Angus breeding herd comprising around 1,110 Angus breeders.
Despite being predominantly a beef cattle breeding and fatteninig holding in recent times, Bundarbo Station has also been run as a successful Merino sheep and prime lamb breeding property. 
Meares &amp; Associates Sydney agent Chris Meares is handling the marketing with $30 million plus price guidance.
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Meares said Chisholm had been a very keen supporter of rural Australia.
 "Sam always believed that every successful Australian should invest back in to the rural sector," he said.
"The sale of Bundarbo will create huge interest both here in Australia and overseas," Meares suggested.
"Over the past two to three years in particularly we have seen an increase in focus on the rural sector and agribusiness projects," Meares says.
Meares noted that agriculture is now a global product and there has been strong interest in investment in the sector from both offshore and local operators.
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"There remains to be an acute shortage of quality property for sale," Meares said.
"There is arguably no other property with the unique features of Bundarbo with its magnificent homestead and guest complex, nationally recognised gardens and a working property with size, scale and reputation – producing 1,000 plus cattle for sale annually."
Chisholm is best known for shaping the television industry landscape both locally and internationally, working at times for Kerry Packer and Rupert Murdoch.
This article was first published in the Saturday Telegraph.
 
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jchancellor-FAypfDUnLy

Late media boss Sam Chisholm's Bundarbo Station for sale

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Ray White Rural and Livestock has listed Tenterden Station, a 1500 ha Guyra holding.
The agency has suggested <a href="https://www.propertyobserver.com.au/http://raywhiteruralnsw.com.au/properties/rural/nsw/guyra-2365/mixed-farming/1954755" target="_blank">Tenterden Station</a> lends itself favourably for future subdivision as the current LEP for rural land permits 200ha minimum lot sizes.
Ray White Rural and Livestock has a new Sydney-based corporate sales and marketing entity to service large scale agribusiness transactions and divestments.
The team will be led by rural agent Andrew Starr and Bruce Birch, the organisation’s national livestock director.
It will partner with local specialists in the New South Wales network of Ray White Rural to handle large corporate deals and complex aggregation sales.
It will focus on selling major agribusiness transactions as well as livestock.
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The new business was inspired by the long-term success of a corporate-grassroots entity in Brisbane, Ray White Rural Queensland, directed by Bruce Douglas and Jez McNamara. The Brisbane-based business works collaboratively and exclusively with Ray White Rural's local agents in the sunshine state helping to facilitate rural property transactions.
The new business will be based out of Sydney, and will operate statewide, Andrew Starr explained.
"The strength of relationships with family offices, corporates and international contacts based out of a capital city coupled with the local knowledge, ease of local inspections and the reputation of our agents on the ground has proven an attractive option for many vendors with major agricultural assets to sell.
"This approach has worked well for vendors in Queensland for 25 years, and we anticipate it will be as attractive for clients in New South Wales,” he said.
The dual-agent approach exposes properties to a broader buyer pool, co-director Bruce Birch said.
<a href="https://www.propertyobserver.com.au/http://raywhiteruralnsw.com.au/properties/rural/nsw/guyra-2365/mixed-farming/1954755" target="_blank">Tenterden Station at Guyra</a> has paddocks designed to facilitate a rotational grazing model aimed at maximising livestock production while maintaining pasture longevity.
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Tenterden Station listed by Ray White Rural

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The former Today show host Matt Lauer can keep his New Zealand ranch.
The NZ authorities concluded last week there wasn't enough evidence he'd breached a "good character" condition after sexual misconduct accusations saw him depart the broadcaster NBC last November.
His termination triggered an investigation by New Zealand authorities, who require foreign buyers of important assets to be of good character.
The provision is broad and includes criminal convictions as well as anything else that authorities decide reflects poorly on an owner's integrity.
Lauer last year purchased a lease for the Hunter Valley Station, a 10,750 hectare farm with lakeside ranch near Queenstown
The property runs 13,000 cattle and merino sheep.
It runs alongside a river that's filled with trout and salmon.
New Zealand's Overseas Investment Office (OIO) said that as part of its investigation, it had taken sworn statements from Lauer and had been in touch with NBC.
"Mr. Lauer has not been charged with any offence, nor convicted, and the evidence available to the OIO at this time does not establish that Mr. Lauer is unfit to continue to hold the asset," said Lisa Barrett, an official at Land Information New Zealand, in a statement. "However, in reaching this position, we do not condone the inappropriate way that Mr. Lauer has behaved."
Last year, Lauer and wife Annette Roque said in a statement they'd be visiting New Zealand for several years, and "every time we visit, we feel lucky to be in a place of such endless beauty, inspiration and adventure."
 
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Matt Lauer can keep New Zealand ranch after OIO investigation

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Cogoon Station, the south west Queensland grazing property, has been listed for sale.
It is the district from where the Prussian explorer and naturalist Ludwig Leichhardt set off from on his fateful expedition, never to be seen again.
Leichhardt's disappearance remains a mystery after he went missing in 1848 with his expedition crew of four Europeans, two Aboriginal guides, seven horses, 20 mules and 50 bullocks planning to cross Australia.
Cogoon, located in the Maranoa region around 60 kilometres south of Roma on the Darling Downs, then belonged to politician Allan Macpherson.
The near <a href="https://www.realestate.com.au/property-livestock-qld-roma-7952110%20" target="_blank">6000 hectare grazing property</a> is subdivided into 11 main grazing paddocks.
There's an as new three bedroom Glendale home on the estate, as well as an older homestead, 12 dams, cattle yards, machinery and hay sheds.
Ruralco Property GDL agent John Sims has set an April 20 auction. 
Leichhardt's disappearance has been investigated by many, with the latest evidence suggesting the party may have gone missing somewhere in the Great Sandy Desert.
This article was first published in The Weekend Australian property section. 
 
 
 
 
 
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Historic Cogoon Station listed on Darling Downs

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The $1 billion offering of one of Australia’s biggest agricultural empires, with 16 northern cattle stations, has begun.
The vast offering, which includes a herd of 400,000 cattle, is the Consolidated Pastoral Company empire.
The CPC cattle kingdom, once owned by the Packer media family, has been owned for the past nine years by Britain-based Terra Firma private equity group.
Around $1 billion is being sought for the stations that cover 5.5 million hectares in prized cattle country in the WA Kimberley, Northern Territory and Queensland.
Frenetic action around sale is being compared to the $386 million disposal of the much bigger, but less valuable, Kidman cattle and land empire two years ago.
But CPC chief executive Troy Setter told The Australian there was already keen interest from Australian bidders for the properties, which include Newcastle Waters in the NT
Ads, which are part of FIRB compliance, have been placed by Goldman Sachs which will oversee the sale, which is expected to take more than six months.
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Terra Firma's $1 billion CPC cattle kingdom offering

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The historic Beltana Station has sold to new South Australian owners, selling to a Far North pastoralist at $8.4 million.
The picturesque Flinders Ranges property was bought by Andrew Doman, owner of Yadlamalka sheep and cattle station near Port Augusta.
The 1541 square kilometre historic station, which has links to Sir Thomas Elder, was sold by the Ragless family.
It was first farmed by Elder's brother-in-law, Robert Barr Smith in 1857, with its name coming from an Aboriginal word meaning “running water”.
Beltana was used during filming of the movie Gallipoli in the 1980s and also featured in movies Tracks, Thousand Skies, Stealth and Rabbit Proof Fence.
With sweeping views of the Flinders Ranges, Beltana is 506 kilometres north of Adelaide.
The Ragless family bought the property in 2007 and added accommodation, a cafe and a restaurant.
It was sold by the Elders rural agency with an Angus cattle herd of 750, a Dorper sheep flock of 6000 and its historic 1860s homestead, cottage and shearing shed.
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Gallipoli filming location Beltana Station sold

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The North Queensland grazing property market is moving quietly, according to Herron Todd White, who said reports are of strong deals in central Queensland have yet to filter north.
HTW said a number of grazing propositions are still on the market, spread geographically from the south of Charters Towers to Pentland/Prairie towards Croydon and Hughenden. 
"Of note is the offering in Rocky Downs on the Gregory Development Road (Clermont Road, to the south of Charters Towers). This property sold in June 2013 for $3.7 million which was $191 per hectare ($77 per acre)," HTW said.
As a guide, the following sales have occurred in the market:
• Victoria Downs - $320 per hectare ($130 per acre)
• Broadleigh Downs - $233 per hectare ($94 per acre)
• Liontown (after deducting cattle and plant) - $470 per hectare ($190 peracre)
• Devon Park - $350 per hectare ($141 per acre) • Coronation - $293 per hectare ($119 per acre) 
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HTW said given Rocky Downs’ access and proximity to the central Queensland market, enquiry is expected from local graziers and also those from central Queensland.
"It has been some time since southern buyers have entered the northern Queensland market," HTW said.
"The sales in the past year have been local buyers. Property market stakeholders may see a line in the sand in this phase of the property cycle.
"Reports are of strong deals in central Queensland at present, so perhaps that will encourage the southerners to look north.
"Another point of interest in the recent phase of the property market cycle is the private sale of stations without publicised marketing campaigns.
"Over the past ten months there have been six stations sold without a public campaign. These have been quietly negotiated. Buyers and sellers have not wanted to go public with their details. Business has simply been getting done.
"Talking about stark contrasts, the current grass status across the north is changing quickly.
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"Has anyone noticed the changes in the drought declared shires?
"The remaining shires on the current Drought Declaration map show McKinlay, Richmond, Flinders, Charters Towers, Tablelands, Burdekin and Townsville Local Government Areas as being Drought Declared.
"It will be interesting to watch what happens to the Charters Towers declaration following the recent rain event in that shire. The rain gauges around Greenvale and down towards the Burdekin Dam nally received some follow up rain.
"Now that the temperatures are dropping, the country to the west of Pentland has or is haying off. So where is the grass?
"At present, there is some good grass in the Burdekin Valley, then another good patch in the basalt to the north of Hughenden, areas to the north of Richmond, Nonda, Nelia and to the north of Cloncurry."
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