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Major Australian farm sales in 2018

A WEEKLY Times analysis of 2018 property sales shows billions of dollars of assets changed hands. Read the list of the major farm sales here.

A WEEKLY Times analysis of 2018 property sales shows billions of dollars of assets changed hands. Here is the list.

SOLD

$300 MILLION

Nine Hassad Australia properties totalling almost 100,000ha

Sold to Paraway Pastoral Company and Viridis Ag

$208 MILLION

BFB Farms aggregation, Temora, Junee and Wagga Wagga NSW (44,167ha)

Sold to Canada’s Public Sector Pension Investment Board

$200 MILLION

Deloraine, Beveridge VIC (600ha)

Sold by Laffan family to Melbourne developer Zeng Xiong Lin

$185 MILLION

Sustainable Agriculture Fund aggregations, NSW, Victoria and Tasmania (24,000ha)

Sold to various investors

$115 MILLION

Twynam Agriculture properties, Forbes and Hillston NSW

Jemalong and Jemalong Citrus, Forbes (13,387ha)

Sold to Dutch-based Optifarm Pty Ltd

Merrowie Station, Hillston (32,730ha)

Sold to US investment institution MRA Merrowie Pty Ltd

Telopea Downs.
Telopea Downs.

$70 MILLION

Telopea Downs, Telopea VIC (47,677ha)

Sold by Hassad Australia to AJ&PA McBride

$ 70 MILLION

Gundaline Station, Carrathool (15,000ha)

Sold by Southern Agricultural Resources to Dutch-based Optifarm Pty Ltd

$61.1 MILLION

Linden Vale, Gisborne VIC (75ha)

Cattle property sold to Melbourne developer ID Land

$50 MILLION

Iffley, Deverill and Twenty Mile, Moranbah QLD (41,500ha)

Sold to Australian-based Pembroke Resources

$50 MILLION

Nockatunga, Thargomindah QLD (852,300ha)

Sold by Consolidated Pastoral Company to Cleveland Agriculture

$46 MILLION

Nangiloc Colignan Farms, Mildura VIC (700ha)

Sold to Hong Kong-based CK Life Sciences

Clifton Hills, South Australia.
Clifton Hills, South Australia.

$40-$50 MILLION

Clifton Hills Station, South Australia (1.65 million ha)

Sold to a partnership believed to include Viv Oldfield

$40 MILLION-PLUS

Glencore aggregation, Grenfell NSW (12,000ha)

Sold to Daybreak Cropping – a partnership between Canada’s Public Sector Pension Investment Board and Warakirri Asset Management

Mt Fyans at Dundonnell sold for $37million to the Shippen family.
Mt Fyans at Dundonnell sold for $37million to the Shippen family.

$37 MILLION

Mt Fyans Station, Dundonnell VIC (5900ha)

Sold by Harmony Beef and Cattle to Shippen family from Moulamein NSW

$32 MILLION

The Grange, Dongara WA

Sold by Wellard Group to Viridis Ag fund

$23 MILLION

Portland Downs, Isisford QLD (99,960ha)

Sold to the North Australian Pastoral Company

$22.25 MILLION

Brackenburgh aggregation, Middleton QLD

$20-$25 MILLION

Kalanga, Dirranbandi QLD (18,028ha)

Sold by Norman Farming to CK Life Sciences

$20 MILLION

Nardoo and Burrabadeen, Tarwin Lower VIC (1252ha)

$18.5 MILLION

Fairfield, Darraweit Guim VIC (1392ha)

Sold to investment banker David Williams

$18 MILLION

Mayneland, Rolleston QLD

Sold to Rural Funds Group

$17 MILLION

Tenterden Station, Guyra NSW

$15.7 MILLION

Comanche, Glenroy QLD (7600ha)

Sold to Rural Funds Group

$15 MILLION

Maryvale Station, Alice Springs NT (324,000ha)

Sold to Viv Oldfield

$15 MILLION

Bundoran and Kolonga, Dunkeld VIC (2206ha)

$ 14.1 MILLION

Fairlight, Hughenden QLD (45,300ha)

Gina Rinehart.
Gina Rinehart.

$14 MILLION

Glendon Park, Armidale NSW (3234ha)

Sold to Gina Rinehart’s Hancock Prospecting

$13 MILLION

Thornhill aggregation, Hughenden QLD (46,975ha)

$13 MILLION-PLUS

Moira Runda, Condamine QLD (5314ha)

Sold to Paraway Pastoral Company

$12 MILLION

Flying Fox Station, Mataranka QLD (89,580ha)

ABOUT $12 MILLION

Norwood, Blackall QLD (25,052ha)

$11.8 MILLION

Petro Station, Wentworth NSW (26,685ha)

$10.75 MILLION

Shauna Hills, Bauhinia QLD (6014ha)

$10.3 MILLION

Harcourt, Moura QLD (1587ha)

Sold to Hong Kong-based BC Water Pty Ltd

$10.052 MILLION

Delta, Jerilderie NSW (8808ha)

$10 MILLION-PLUS

Tarramia, Mulwala NSW (1994ha)

$10 MILLION-PLUS

Chintin Grange, Chintin VIC (742ha)

Sold to Australian-based Chinese interests

$10 MILLION

Cerberus, Rockhampton QLD (8280ha)

Sold to Rural Funds Group

$8.8 MILLION

Glaisnock, Young NSW (983ha)

Sold by MH Premium Farms

Glaisnock was sold this year by MH Premium Farms for $8.8 million.
Glaisnock was sold this year by MH Premium Farms for $8.8 million.

$8 MILLION-PLUS

Okehampton, Triabunna TAS (1385ha)

$7.5 MILLION

Murraba, Maloneys and Glenholme, Willatook VIC (842ha)

Sold to MH Premium Farms

UNDISCLOSED PRICE

Sundown Valley, Kingstown NSW (17,800ha)

Sold to Gina Rinehart’s Hancock Prospecting

UNDISCLOSED PRICE

Gunnee farm and feedlot (1600ha)

Sold to Gina Rinehart’s Hancock Prospecting

UNDISCLOSED PRICE

Lake Midgeon aggregation, Narrandera NSW (8738ha)

Sold to two NSW buyers

Lake Midgeon Aggregation at Narrandera, NSW sold for an undisclosed price.
Lake Midgeon Aggregation at Narrandera, NSW sold for an undisclosed price.

FOR SALE

$1 BILLION

Consolidated Pastoral Company

Portfolio of 15 properties and two feedlots covering 4.7 million hectares

$45-$47 MILLION

Cobungra Station, Cobungra VIC

31,000ha owned by Mark Suhr

$70 MILLION

Rushy Lagoon, Red Hills and East Wyambie, TAS

22,000ha owned by New Zealand potato farmer Alan Pye.

$75-$85 MILLION

Nicoletti Farms, Western Australia

203,000ha of the Nicoletti family’s owned and leased land

Cobran Station is for sale.
Cobran Station is for sale.

EXPRESSIONS OF INTEREST

Cobran Station, Hay NSW

14,150ha owned by North American based TIA-CREF

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Original URL: https://www.weeklytimesnow.com.au/property/major-australian-farm-sales-in-2018/news-story/4be8d994d8f70b974993b472d085560e