Saputo Dairy Australia has confirmed its Leitchville factory in nothern Victoria is subject to a sale contract and is expected to be handed over to the new buyers in September.
Ray White Rochester director Rob Hoskings also acknowledged the existence of an interested buyer, which he did not share details about.
“It is definitely sold. We have an unconditional contract,” Mr Hoskings told Country News.
The retired and partially dismantled milk processing factory in Leitchville has become infamous for its potential sale falling through a number of times.
The factory was closed by Murray Goulburn in 2010, leaving the small dairy town of Leitchville without its biggest employer.
During the following decade the factory has been on the market, there have been attempts to turn it into a cheese factory with the help of then deputy prime minister Barnaby Joyce.