Tubbo Station for sale

Tubbo Station, in the New South Wales Riverina region, is for sale with a $40 million-plus guide.

The 14,876 hectare property is being offered by the family of late ship builder and farmer Giles W Pritchard-Gordon.

It was previously reported to have sold in 2009 to local grazers Les and Gai Douglas; then spreading 28,170ha, that purchase price was also about $40m.

Before then, the Darlington Point property, 64 kilometres west of Narrandera, was controlled by Rodney Price’s Four Arrows Group.

Mr Pritchard-Gordon died in 2011, aged 64 (story continues below).

LAWD’s Danny Thomas is representing the family, according to The Weekly Times.

Presently subject to a 35 year lease – returning annual income of $550,000 – the farm can run 40,000 dry sheep equivalents.

It also has 539ha solar farm.

More to come.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.