Mt Elephant, Victoria’s Western District, Sells For About $20 Million

SWEDISH Count Carl Gustav Wachmeister has reportedly paid $20 million for a major rural property in Victoria’s western district.

Mt Elephant – a 3310 hectare farm with permanent springs and 30 dams – was offloaded by Anthony Baillieu, the second cousin of Victorian Opposition Leader Ted Baillieu.

The state’s previous biggest rural sale was in 2008, when the Glenfine station, near Skipton, sold to United Staets based Westchester Group’s fund International Agricultural Investors, the AFR reports.

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