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Ray White Rural Yass CEO George Southwell said the sale eclipsed the previous highest price paid for a single ACT property outside of development and high-rise sites, which was the $9 million sale of 82 Empire Circuit, Deakin, in October 2022. 

Located just 30 minutes from Parliament House, Uriarra Station spans 1,194 hectares of highly productive grazing country, making it the third-largest rural holding in the Australian Capital Territory. 

Held together as a single contiguous holding for generations, the land features a homestead dating back to the 1860s that has hosted foreign dignitaries over its storied history.

For the past 31 years, vendor Tony Griffin and his late wife Helen built a premier sheep and cattle operation on the property from the ground up, managing and caretaking the land until their retirement from farming, including active involvement with Landcare, Greening Australia, and the ACT Rural Lessees Association.

Mr Southwell said after identifying an international buyer, he flew to Brisbane to present the opportunity directly to the firm's chief executive officer. 

The buyer, Quinbrook Infrastructure Group, intends to keep the land operational as a grazing enterprise while exploring combined agricultural and energy infrastructure opportunities.

Following multiple physical inspections and a fully prepared marketing campaign held on standby to maintain negotiating momentum, the deal was agreed on a term sheet before an advertisement ever ran. The transaction officially settled on 1 May 2026.

Dr Griffin said: “We investigated the credentials of this buyer to get comfort that they were the right fit and would preserve the history and agricultural significance of this historical Canberra property”. 

“We feel reassured by what Quinbrook has presented and look forward to seeing the future of Uriarra.”

Selling one of the capital's most significant assets has been a true honour, Mr Southwell said.

“Working through this with the Griffin family and ensuring that their legacy continues has been a deeply personal endeavour of mine. The buyers have been very respectful and given a lot of their time to both me and the Griffins,” he said.

“The agricultural sector of the ACT is an underestimated section of the broader ACT economy, and this sale should prove otherwise. 

“It shows that institutional capital is now actively looking at rural land close to Canberra for combined agricultural and energy infrastructure use.”

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