Agribusiness identity David Williams has added to his rural portfolio with the $3 million acquisition of Sorell Creek, spanning 718 hectares on the Derwent River north of Hobart.
About 19 kilometres from the capital, the property reportedly may be used by Williams for sheep or salmon farming, and as a future land bank play. It previously held a permit for a 43 lot subdivision. About 241 hectares is zoned for rural living.
Williams and his wife Angela paid $4.3 million to acquire the Roundhill and Brassy properties in Victoria’s Macedon Ranges, adding to their 1,392 hectare Fairfield property they bought in 2018. The combined 1,862 hectares of land is leased to Blackmore Wagyu, which supplies wagyu beef to renowned restaurants including Rockpool and Aria, and exports internationally.
Williams is the founder of corporate advisory firm Kidder Williams, which is currently advising Roc Partners in its ongoing tussle with Macquarie for control of Costa Group orchards landlord Vitalharvest Freehold Trust.
In north western Tasmania, Prime Value Asset Management has just acquired the state’s biggest dairy farming operation for more than $60 million from Van Dairy Group, after the Environment Protection Authority investigated management concerns at the farms.
