Dunkeld Pastoral Co sells Eulameet to Bushy Park Angus for more than $20 million
A farm in the Western District has sold for more than $20 million. See the property, its owner and the buyer who was happy to spend millions.
DUNKELD Pastoral Co, owned by the prominent Melbourne barrister Allan Myers, has reportedly sold its Eulameet property at Cavendish for more than $20 million.
The property was reportedly purchased by the Farquharson family from Dergholm, who run Bushy Park Angus, in an off-market transaction handled by CBRE.
The Dunkeld Pastoral Co website says Eulameet spans 3600ha and runs about 10,000 head of self-replacing maternal composite ewes along with 250 crossbred cows.
It comes after The Weekly Times recently reported Dunkeld Pastoral Co listed two of its Victoria Valley farms for sale, Heathwood and Harris.
Heathwood has an asking price of more than $4.5 million while Harris is more than $800,000.
This sale is also being handled by CBRE.
The sales also comes after Dunkeld Pastoral Co snapped up a portion of the historic Dunkeld property Devon Park for more than $14 million in June.
In November last year the company also purchased the multimillion-dollar blue-ribbon property Blackwood Station, at Dunkeld, for an undisclosed price.
Hamilton-born and Dunkeld-raised, Mr Myers is a long-term investor in Australian agriculture, buying his first block at Dunkeld in 1977.
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