Bathurst's Blackdown Farm passed in on $3 million vendor bid

Bathurst's Blackdown Farm passed in on $3 million vendor bid
Jonathan ChancellorApril 14, 2013

Blackdown Farm, the Bathurst rural escape of artist Tim Storrier and his wife Janet, didn't sell at its recent auction being passed in on a $3 million vendor bid.

Set on 56 hectares, the seven-bedroom homestead comes with tennis court, pool, dressage arena, stables, along with a recently constructed artist's studio.

Blackdown cost $2.5 million in 2008 when bought from the haircare product pioneer Anton Starling, who had sought more than $3.5 million.

The Storrier's have reportedly spent more than $1.5 million on renovations and improvements. The estate remains listed through Meares and Associates and the Professionals Bathurst.

There were $4 million price hopes when initially listed last year.

The couple - who are going to base themselves at Bowral in the Southern Highlands - recently sold their Double Bay abode for $3.95 million through the LJ Hooker Double Bay agent Alain Waitsman.

In November last year, the Storrier’s purchased Hopewood House – a Southern Highlands mansion owned by Fairfax Media director Michael Anderson and his wife, Susie – for around $6 million on delayed settlement terms.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Editor's Picks

Multi-tower precinct planned for South Brisbane riverfront
First look: Morris Property Group reveals 10th Broadbeach apartment development, Maison Broadbeach
First home buyers jump at Victoriana apartments on Melbourne's Albert Park
Sekisui House Australia approved for Dawn, the latest stage at $5 billion Melrose Park masterplan
Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown