Tasmania's largest farm, 'Rushy Lagoon' in the far north-eastern tip of the state is currently on the market.
The property of nearly 22,000 hectares has extensive irrigation infrastructure and carries 4,000 dairy cows, 8,000 beef cattle and 7,000 sheep.
The selling agents expect the farm to fetch more than $70 million and anticipate overseas interest.
Earlier this month, Federal Treasurer Scott Morrison announced new regulations around the sale of Australian farmland to international buyers.
Farms worth more than $15 million would need to be advertised locally for 30 days before they could be sold to an overseas buyer.
It is part of guidelines the Foreign Investment Review Board (FIRB) considers when assesing the sale of farmland.
The property is being offered for sale on a walk in/walk out basis.
(From ABC News - 28 February 2018)