The world’s largest private piece of real estate, which is down-under in Australia, is up for grabs.
The land, which is made up of 10 working cattle ranches, takes up 11 million hectares and has a price tag of $325 million. It is listed as the “largest private, non-monarchical, non-state landholding on earth.”
Potential buyers wanting to inspect the combined territory, which also includes a stud farm and a feedlot, will have to spend several days flying across four Australian States: Queensland, the Northern Territory, Western Australia and South Australia.
One of the stations, Anna Creek, is the largest cattle station/ranch in the world. It is larger than Ireland taking up over 30,000 square miles.
Selling agent Don Manifold of Ernst & Young South Australia, which is the official selling agent for the land, said offers would start to be taken next week and would be open for a month. From the offers a serious bidders list of six to 12 will be drawn up.
“There has been a lot of interest, and we’ve been quite overwhelmed,” said Manifold.
“Over half of the interest has come from Australia and there’s also a number of other bidders from Asia, North America and Europe.
It is a large tract of land and it’s certainly quite rare that an opportunity like this would come on the market, having been under family ownership for 100-something years.”
The land comes with approximately 170,000 head of cattle and is on the market as a debt-free concern.
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