Legune Station, Legune Street, Baines NT 0852

JLL and LAWD are pleased to present for sale Legune Station (the Property), a large-scale pastoral and agricultural operation located in the north-west Northern Territory (NT), approximately 100 kilometres from Kununurra and adjoining the Western Australian (WA) border.

The Property comprises 178,870* hectares held under Perpetual Pastoral Lease and is operated as an integrated beef cattle breeding and growing enterprise. Existing operations are complemented by established irrigation development, fodder production, improved pastures and a 2,000* head feedyard / export quarantine facility, creating a diversified agricultural operation with multiple production streams.

Legune Station is being offered for sale by Expression of Interest closing 12pm (AEST) Thursday 24 September 2026.

To obtain further information or to discuss the opportunity, please do not hesitate to contact the appointed agents.

Key investment highlights include:

Large-Scale Northern Australian Asset
A substantial pastoral and agricultural operation comprising 178,870* hectares in north-west NT, high carrying capacity and reliable monsoonal rainfall.

Diversified Agricultural Operation
An integrated agricultural operation incorporating cattle breeding and growing, irrigated and dryland cropping, improved pastures and an export quarantine feedyard.

Substantial Carrying Capacity
An assessed carrying capacity of 30,750* Adult Equivalents (AE) supports a large-scale cattle breeding and growing operation.

Established Exclusion Fencing Network
70* kilometres of exclusion fencing encompassing 19,000* hectares has been established across productive grazing and agricultural areas, supporting improved livestock management, grazing control and the protection of irrigation and cropping developments.

Established Irrigation & Cropping
An established agricultural footprint comprising 254* hectares of centre pivot irrigation, 231* hectares of flood irrigation and 294* hectares of dryland cropping.

Further Irrigation Development Potential
Further irrigation development potential with plans providing for a further 215* hectares of centre pivot irrigation (under three additional pivots) and 149* hectares of dryland cropping.

Significant Water Infrastructure
Significant water infrastructure, including Forsyth Creek Dam with a 35,100* megalitre capacity and 50,000* megalitre annual surface water entitlement, and Weaner Dam with a 1,500* megalitre capacity and 1,200* megalitre annual surface water entitlement, supporting livestock and agricultural production.

Feedyard & Export Quarantine Capability
A 2,000* head feedyard / export quarantine facility (with plans allowing for future expansion to 4,000* head) comprising six main feed pens, supporting hospital and holding pens and the pneumatic cattle handling at the Bundaberg cattle yards.

Significant Existing Improvements
Extensive accommodation, operational and livestock improvements support the existing enterprise inclusive of a fully automated solar and battery power generation. Significant capital expenditure has been invested in recent years across fencing, water infrastructure, land development and road construction, enhancing operational efficiency, connectivity and future scalability.

Approved Aquaculture Development
Existing development approvals supporting a large-scale aquaculture project, including approval to clear 3,686* for the development of land-based aquaculture ponds and associated infrastructure. A 1,120* hectare portion of the Property is currently subject to a long-term sub-lease associated with Project Sea Dragon.

Strategic Location
Positioned near Kununurra and Wyndham with access to Northern Australia's pastoral, agricultural, logistics and live export supply chains. The Property benefits from all-weather bitumen access to Kununurra, the region's principal agricultural and service centre. Kununurra is a reliable market for feed commodities inclusive of corn, cottonseed and cattle dry and wet season supplementation Spirit Hills Licence Opportunity to assume the licence over the adjoining 106,400* hectare Portion of Spirit Hills (7,150* AE), subject to its terms and relevant approvals.

Walk-in Walk-out Opportunity
A comprehensive suite of operating plant and equipment, together with livestock, is available for acquisition by prospective purchasers.

*Approx.