Elders (ASX:ELD) said Monday Jumbuck Pastoral and the ATAYF group of companies entered into an agreement for the sale and purchase of the Jumbuck North West Pastoral Aggregation in South Australia for an undisclosed amount.

The company said in a statement that the aggregation is considered to be the largest contiguous sheep station in the world, comprising Commonwealth Hill Station at 553,100 hectares, Mobella Station at 426,600 hectares, and Bulgunnia Station at 310,000 hectares.

Elders Real Estate Chief Executive Tom Russo said the interest for the sale was received from a broad range of domestic and international investors.

The company's shares fell almost 1% in recent Monday trade.