Medichs acquire Southern Highlands farm for $40 million, expanding landholdings

Roy and Anthony Medich purchased the Evandale farm in the Southern Highlands for about $40 million, significantly less than the $60 million asking price. This off-market deal adds to the Mediches' landholdings, bringing them to 1,200 hectares. The purchase follows the financial collapse of previous owner Peter Crown and his failed development plans.

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Summary by Glance · Original reporting by SMH