Irrigated Riverina cotton property Gundaline has sold to a Chinese company. Photo: LAWD
AN INTERNATIONAL clothing manufacturer has emerged as the successful bidder for one of Australia’s largest irrigated farming operations, Gundaline, at Carrathool in the Murrumbidgee Irrigation area of southern New South Wales.
LAWD senior director Danny Thomas and director Elizabeth Doyle handled the expressions-of- interest process and after receiving strong interest from local and international buyers, have confirmed the purchase price is around $120 million.
While LAWD declined to comment any…
