COLLENDINA station, near Corowa, one of the Border’s earliest established mixed farming properties, has been put on the market by receivers of Collendina Pty Ltd, a company long associated with the Cranney family.
Landmark Harcourts will auction the stately two-storey mansion, set on the 1276-hectare property, in Albury on November 24 on the orders of the receivers McGrathNicol.
The property has several kilometres of Murray River and Lake Mulwala frontage and comes with a 876-megalitre river licence and 463-megalitres aquifer licence.
Landmark Harcourts said the property included 182 hectares of pivot irrigation and 800 hectares under cultivation.
Albury’s first settler, Robert Brown, settled Collendina about 1845, built a timber homestead and established the Murray River’s first orange grove.
Today’s 30-room mansion, designed by leading Melbourne architect William Pitt, was built for Henry and Christina Hay. It dates from 1891.
The building has one of the Border’s best double-storey cast-iron lace verandahs.
It lies on Spring Drive, 19 kilometres west of Corowa and 24 kilometres east of Mulwala.
The agents have not provided an estimate of the likely price.
The last time Collendina was placed on the market was in 1990.
Several bids were made at the auction but it was passed in at $4 million.
The land holding was larger than it is now.
Mr and Mrs Geoff Cranney and sons, Rohan and David, attended that auction but their reserve was never revealed and the property failed to sell.
The Cranneys held a sale of fodder and surplus farm machinery at Collendina in May last year.
Collendina Pty Ltd was placed in receivership two months ago.
Phil Rourke from selling agents Landmark said yesterday the auction gave an astute purchaser a unique chance to own a piece of Riverina and Australian history.
The auction will be held at the Commercial Club.