This village with houses, farms and lake in Australia is on Sale!

April 17, 2016

A small but beautiful Australian village, called Tarraleah Village, has been put up for sale by property agents. They hope that this 145 hectare land comprising of dozens of homes, a lake full of fishes and 35 highland cattle.

This sale is getting keen interest from Singapore and China. Agents expect to generate USD 10 Million through this sale.

"I've never sold a town before," property agent John Blacklow, who has been selling hotels for more than three decades, told AFP.
The village currently does not have any native residents, only tourism related staff. Visitors can fish at a lake with trout and salmon, go bushwalking, play golf, have a drink at a bar and stay in cottages -- while enjoying the company of ducks, geese and native animals such as kangaroos, wallabies and Tasmanian devils.

Property developer Julian Homer eventually bought the entire village, which had become run down, restoring the art-deco buildings to turn it into a tourism-focused site.

The sale of residential property and farmland to foreigners, including Australia's largest trading partner China, is a sensitive issue, with Canberra knocking back some sales on national interest grounds.
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