Medich brothers buy Southern Highlands property for $40 million discount

Roy and Anthony Medich purchased the Evandale property in the Southern Highlands for approximately $40 million. This deal marks a significant decline from the $60 million sought by the seller, following a failed $50 million offer from another buyer. The purchase further cements the Mediches' position as major landholders in the region.

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Summary by Glance · Original reporting by Brisbane Times