Victorian, Tassie farms snapped up in trio of deals

Two Victorian farms and one in Tasmania have changed hands in three separate deals worth about $25 million combined.

720ha of the Greystone aggregation near Caramut has been sold for more than $8.9 million.

Two Victorian farms and another on the Apple Isle have changed hands in three separate deals estimated to be worth more than $25 million combined.

In Victoria’s Western District two parcels spanning more than 720ha of mixed farmland near Caramut have been sold for more than $12,354 a hectare, or more than $8.9 million in total.

The identity of the buyer of the parcels, known as Greystone (387ha) and Todds (340ha), remains undisclosed due to confidentiality arrangements.

Equity Trustees, on behalf of the estate of Robert Hicks, sold the two landholdings. A Caramut farmer, Mr Hicks passed away in 2009.

In recent years the Greystone operation has run about 3500 Merino breeding sheep and followers, plus 2000 wethers or dry sheep trading as RRH Greystone Pty Ltd and managed by David Reeves.

A third parcel of the Greystone aggregation, Hausslers or East Greystone (231ha) remains on the market priced at $2.6 million.

A clearing sale on behalf of RRH Greystone Pty Ltd is scheduled for Friday, July 5, onsite at 829 Chatsworth-Caramut Rd, Caramut.

Samantha Hogg and Marcus Griffin have sold the 745ha Bullocks Hunting Ground property in northern Tasmania.

Meanwhile across the Bass Strait, Samantha Hogg and Marcus Griffin have sold a 745ha irrigated grazing property known as Bullocks Hunting Ground, located 17km east of the Launceston CBD.

It is understood a dairy farming company with existing Tasmanian landholdings has purchased the property for an undisclosed sum.

The property was first listed for sale in 2022 where it was expected to be worth more than $10 million.

Ms Hogg and Mr Griffen sold the 745ha property to consolidate their existing holdings including their 5400ha Dunedin property in northern Tasmania.

The Bullocks Hunting Ground property offered irrigation infrastructure including 255ha under centre pivots with existing infrastructure providing scope for further irrigation development to 400ha.

2400ML of irrigation entitlements and a 2100ML storage dam also form part of the property, which was considered a “grass factory” for beef and sheep or suitable for dairy conversion.

Steven Colman has sold the 864ha Kin Craig property, located near Heathcote in central Victoria.

Meanwhile in central Victoria a 864ha fine wool and prime lamb property has been sold to a local producer who has added to their existing landholdings in the region.

Kin Craig, situated 17km northeast of Heathcote, has been sold after it was listed for sale last year by Steven Colman.

Offers for the property were expected to reach about $6.5 million. The value of the Kin Craig transaction remains undisclosed.

Elders Real Estate were involved in the sales of both Kin Craig and the Bullocks Hunting Ground.