Recently Completed Sales - Property Central
Higher rainfall grazing country in NSW snapped up
Four Murrumbidgee River frontage properties owned by Texans Diane and Gary Heavin have sold to three separate buyers.
The co-founders of the fitness franchise company, Curves, started aggregating the adjoining properties ten years ago, while establishing their business in 92 countries around the world.
Combined, the properties boast a 14km frontage to the Murrumbidgee River and 3682ha of productive and well-managed country in south western New South Wales.
The first to sell was the 1193ha Jugiong grazing property Donna Valley which changed hands prior to auction for around the anticipated $3.5-$4 million sale price.
The purchasers were a syndicate who will add the block their existing grazing holdings.
The 1547ha Riverbend, pictured at top of page, a highly productive breeding factory featuring 7.5km frontage to the Murrumbidgee River, exceeded expectations selling for $8.7 million to a local farming family.
And a Riverina grazier secured the 654ha Tooracoll for $3.5 million and the adjoining 302ha Woolaway for $2.02 million.
The sale of the Heavin Farms aggregation was handled by Webster Nolan and Elders Gundagai.
Selling agent David Nolan said the auction process delivered the results for the client and described the sales as strong, reflecting the demand for higher rainfall grazing country.
