'Behemoth' Tasmanian irrigated property Vaucluse Estate expected to sell for more than $100 million

A massive mixed enterprise property — with an equally huge history — is up for sale in Tasmania's midlands, with an asking price of more than $100 million.

Spanning 4,448 hectares and traditionally a mixed merino and cropping enterprise, Vaucluse Estate was purchased in 2015 by US-based private equity firm Proterra Investment Partners.

At that point, the property was just over 2,600 hectares but it has since grown to include several neighbouring titles.

Land Agribusiness Water Development (LAWD) senior director Danny Thomas is overseeing its sale.

Read More: https://www.abc.net.au/news/2022-03-31/vaucluse-estate-tasmanian-irrigated-property-for-sale/100954114