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Table grape property reportedly off the market

June 21, 2023 8:37 am in by

An established family Red Cliffs table grape farm has reportedly been sold to a Chinese-based private company.

The deal is reportedly worth around nine-million dollars in a walk-in walk-out deal for the fifty-four hectare property, according to a report in News Corp.

China buys almost half of the country’s exported table grape, with Australia’s industry worth three-hundred million dollars each year.

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Image: https://pixabay.com/photos/grapes-red-wine-fruit-vine-cute-2520999/

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