New hands for Ballykeane orchards

Nick Lenaghan and Larry Schlesinger

Jan 17, 2021 – 3.42pm

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The long-held Ballykeane apple and pear orchards, near Orange in central-west NSW, have sold to a local operator for about $10 million.

The transaction ends the Leone family's control of the 190-hectare aggregation of four holdings after 45 years of ownership. It was sold to local orchardist, Megafruits Australia, which is expanding its existing operations of apple and cherry orchards.

Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts.

Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom.