'Big Al' Constantinidis rural properties listed again for receivership sale

Larry SchlesingerDecember 7, 2020

A 127-hectare Richmond lot and a 100-hectare Windsor Turf property of the failed companies associated with Achilles "Big Al" Constantinidis has again been listed for receivership sale.

The properties are being marketed jointly by Webster Nolan Real Estate and LJ Hooker Brisbane Central.

The 127-hectare property at 4 Dight Street in Richmond Lowlands, less than an hour from Sydney, was listed in July last year with $4 million plus expectations as part of a 282 hectare portfolio of alluvial Windsor district turf, dairy and polo farms  receivership sale.

The picturesque property (pictured below)  is listed as potentially being used for cattle, horses, as a turf farm and to grow vegetables. It has a 270 ML irrigation licence to pump from Hawkesbury River.

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The 100-hectare “Windsor Turf” farm (pictured below), situated just outside Windsor, had $5 million-plus hopes in July last year.

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The land cost $21 million plus in 2007. Mark McIvor's Queensland-based lender, Equititrust, has a mortgage over the land and is believed to be owed $22 million-plus, having been involved as quasi-joint venturers with Constantinidis.

The Australian reported that a multi-hectare holding at 177 Francis Street also in Richmond Lowlands recently sold to a local polo-playing family for more than $2 million.

Constantinidis, a former accountant, was a consultant to the Bulldogs during the Liverpool rugby league Oasis development.

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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