Browse all categories | Subscribe My Account | Logout
Browse all categories
< Back

Sale confirmed for Murrumbidgee Valley’s Gundaline Station

Property Markets / Transactions


Apr 18 2018

Add to Favorites

Share this Article:

On behalf of the consortium of vendors and manager, Kidder Williams and CBRE Agribusiness are pleased to announce that Contracts of Sale have exchanged for Gundaline at Carrathool in NSW. 

Gundaline Station is one of the Murrumbidgee Valley’s largest cotton growing properties. It comprises close to 15,000 hectares (of which around 6,000 hectares is developed to row crop irrigation), 16,000 megalitres of groundwater and around 17,000 megalitres of on-farm water storage.

The transaction remains subject to Foreign Investment Review Board Approval.

The sale price and purchaser remain confidential, and a further announcement will be made when the transaction has been completed.  

“While confidential at this stage, the agreed price represents an excellent result for the vendor and builds on the significant upward shift in groundwater and irrigated land values in the Murrumbidgee Valley,” CBRE’s Danny Thomas said. Photo by Rayhan Hibatullah on Unsplash



You may also like...

Load More


Login into your MP Report account

Forgot my password

Sign up to the MP Report

Creating an account with MP Report allows you to save articles and update your preferences to filter the content based on your interests and what content you would like to receive from us via our email alerts and newsletter.