A syndicate of established western Victorian farming families has beaten a number of offshore funds to buy a 5200 hectare aggregation for nearly $30 million.
The Demeter portfolio comprises 10 properties located between Skipton, Beaufort and Ararat, including about 4100 hectares of cropping land, with the balance utilised for grazing.
The deal was brokered by CBRE agents Danny Thomas, Duncan McCulloch and James Beer
Farm sale