Texans Gary and Dianne Heavin could make up to $18 million from the sale of their NSW farms
A Texan couple could pocket as much as $18 million from the sale of their Australian farms. See the properties and the couple’s other business links here.
TEXANS Gary and Dianne Heavin, co-founders of the global fitness franchise Curves, could pocket as much as $18 million for their aggregation of southern NSW farms, primed to go under the hammer next month.
The four grazing properties, Riverbend, Donna Valley, Tooracoll and Woolaway at Jugiong, span a combined 3697ha and are expected to fetch between $15.6 million and $18 million.
The Heavins, who also run a ranch in Texas, told The Weekly Times their properties, which have Murrumbidgee River frontage, are located in “one of the most beautiful and peaceful parts of the world”.
“When you run a worldwide business enterprise, finding a sanctuary is an important part of maintaining your sanity,” Mr Heavin said.
Selling agent David Nolan said he had already conducted a number of inspects at the properties, with interested buyers.
“High rainfall grazing land like this doesn’t come on to the market very often,” Mr Nolan said.
The aggregation will be auctioned on July 28 in Sydney.
Meanwhile, the 14,524ha backgrounding and fattening property Nungil, west of Charleville in Queensland, sold under the hammer last week for $3.3 million.
The property, which has a carrying capacity of 800 breeders, was snapped up by Cameron and Jacqui Tickell from Charleville after being in the hands of the O’Sullivan family for 39 years.
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FARMS TO GO UNDER THE HAMMER IN THE NEXT MONTH