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Former Bradken CEO shells out $3.7m for egg farm
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Title deeds show Mr Hodges paid $3.7 million for the Stroud Road free-range egg farm, which lies about 82 kilometres northwest of Newcastle.
The Stroud Road free-range egg farm.
He also paid an undisclosed price for the operating business.
The 78.5-hectare freehold property, plant, machinery and egg supply contract was put up for sale in 2019 by the Lawrence family.
The Lawrence family acquired what was then a meat chicken farm (where the chickens are grown for their meat, as opposed to laying eggs). In 2014, it spent $1.6 million converting it into an egg farm. It was sold to wind up the family partnership.