One of the region’s most prestigious properties is on the market for the third time in 150 years and will set buyers back $30 million.
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Regarded as one of Australia’s outstanding rural properties Bundarbo Station, on the banks of the Murrumbidgee River near Jugiong, was owned by the late television executive Sam Chisholm and his wife Sue.
Buyers are tipped to be a range of domestic and overseas-based investors as the sale price is expected at about $30 million.
The farm will be sold on a walk-in, walk-out basis through Meares & Associates Sydney agent Chris Meares.
“The sale of Bundarbo will create huge interest both here in Australia and overseas,” Mr Meares said.
“There is arguably no other property with the unique features of Bundarbo with its magnificent homestead and guest complex, nationally recognised gardens and a working property with size, scale and reputation – producing approximately 1000 plus cattle for sale annually.
“Bundarbo will be offered for sale as a “walk in, walk out” working farm, including excellent operating improvements, a fine Angus-breeding herd and an extremely competent management team in place – if one wishes to purchase in this way.”
This magnificent rural property set just under 6000 acres, at 5918 acres, has a four kilometre frontage to the Murrumbidgee River and 50 acres of landscaped gardens fronting the river.
The next buyers will only be the third owners since its pioneer settlement in 1847 by the Osborne pastoral family, who sold it to the Chisholm’s about 150 years later in 1995.
The property, which is located only 15 kilometres from Jugiong, offers a fully renovated homestead mixing both formal and informal spaces, including four bedrooms, three bathrooms, a commercial kitchen and a staff wing.
There are also two, three-bedroom guest houses, a swimming pool, three staff houses and a five-bedroom shearer’s quarters.
Bundarbo provides a wonderful mix of the ultimate in country living, a very well managed and highly productive farm - all steeped deeply in the history of rural Australia.