Sydney cattle farm listed for $700 million at $384,404 per acre
Echo Vale is a working cattle property 45km northwest of Sydney. The 737-hectare property is on the market for $700 million.
The Marsden Park property is valued at $384,404 per acre. Real estate agents see the main value in the land itself, not the cattle business.
The site could hold close to 600,000 square metres of industrial and logistics buildings. Development potential is valued at more than $3 billion.
The property sits in one of Sydney's main growth areas. It is one of the last big privately owned pieces in the outer north-west.
Garfield Pastoral Holdings has run cattle on Echo Vale since 1996. The company has started an expressions of interest campaign closing 22 October.
The sale should interest major investors from Australia and overseas. They want to invest in Sydney's fast-growing logistics market.
- $700 million
- Asking price
- $384,404
- Price per acre
- 737 hectares (1821 acres)
- Property size
- More than $3 billion
- Development potential
Why it mattersThe sale shows how Sydney's industrial growth is taking over rural land. The price sets a new benchmark for outer-Sydney real estate.
AustraliaThis reflects escalating property values in Sydney's growth zone and may influence how councils plan future industrial and residential development across the region.
✓ Claims checked against the source and corrected before publish. checked 3 d ago
