Fund manager Sam Mitchell has teamed up with carbon project investor Viridios Capital to buy 139,200-hectare Conways Station.
Fund manager Sam Mitchell has teamed up with carbon project investor Viridios Capital to buy the 139,200-hectare Conways Station south-east of Katherine for around $20 million.
Mr Mitchell heads up Canberra-based Wealthcheck and is also a co-founder of US private equity firm Aqua Ceres, which has agricultural operations in the US, South America and Australia.According to the Aqua Ceres website, the Wealthcheck Group of Companies “runs the Australian operations for Aqua Ceres LLC”.Mr Mitchell did not respond to a request for comment.
The property has frontage to Maiwok Creek, Umbimian Creek, Vilkeri Creek, Baruerikba Creek, Conways Creek and the Waterhouse River. Conways Station was marketed with a $20 million all-inclusive asking price by Olivia Thompson of agency LAWD.“We’re coming back to a normal market. We don’t have the enthusiastic breakaways making offers way above their competitors any more.”
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