Beaudesert's Joanna Baillieu sells Bromelton House
Joanna Baillieu has sold her historic Bromelton House homestead at Beaudesert in south-east Queensland.
The buyer, Stewart Murray, and his wife Kathy Lau, secured the 135-hectare property with the Australian Financial Review speculating the price was $4 million plus.
The couple will turn the farm into a cattle genetics operation with Mr Murray, who is a veterinarian, planing to breed the Canadian pure breed, the Hays Converter.
Bromelton House sits within two hectares of landscaped gardens, formed around a native bean tree that is well over 100 years old.
Baillieu purchased the property in 2001 at $2.1 million.
Raine & Horne Rural agent Danny Bukowski secured the sale some three years after its initial listing.
Joanna Baillieu, a member of the Melbourne establishment family, had initial expectations of more than $5 million.
The Beaudesert property has a four-bedroom home with two bathrooms and all bedrooms have French doors leading onto verandas with views over a 150-megalitre lagoon which has a water harvesting licence from the Logan River.
The farming property currently earns income from a 2,880 plantation of pecan trees, turf production, lucerne hay production and horse agistment centre.
The property also includes a six-hectare irrigated polo field.
The property includes 28 horse paddocks, 28 day yards, a sand arena, a breaking yard, an eight-horse walker and a barn with eight stables.
The Bromelton House Road property also includes a three-bedroom manager’s house and a two-bedroom worker’s cottage.
