Commodore Station Sold for $7.125 Million in Agricultural Sale
What happened
Commodore Station was sold for $7.125 million, with bidding starting at $4 million. The sale included the station as a going concern, along with plant, equipment, and station assets. The buyers were the Greenfield family from Billa Kalina Station.
From stockjournal.com.au
Why it matters
The sale involves a historic property with a proven commercial cattle operation and productive grazing country. The station has an estimated carrying capacity of 900-1000 adult equivalents, indicating a significant transfer of agricultural assets.
From stockjournal.com.au
Who's involved
- Phil KeenRepresented Elders Real Estate in the property sale of Commodore Station.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Phil KeenSpeculative
Phil Keen could see increased revenue from the successful completion of the high-value property sale.