Homestead

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Sunbury's Emu Bottom, believed to be Victoria's oldest homestead, has hit the market.
The 24 hectare estate built in the 1830s has been privately held since 1968 when bought by Hedley Elliott and wife Jan for $120,000.
Emu Bottom, which comes with an 1854 woolshed, is expected to sell for in excess of $5 million to $6 million.
<div>It's being offered with seven years left on the lease through Ben Desmond at Ernst &amp; Young Real Estate Advisory Services.</div>
The property, which has also been called Holly Green, Emu Vale and Invargargyll, has had just five owners.
It currently runs as a wedding and function venue and yields around $165,000 per annum, based on a 15% share of revenue.
The story of Emu Bottom Homestead began in 1835 when the schooner Enterprise sailed up Port Phillip Bay, with George Evans on board.
After exploring the area, he chose to settle at Sunbury. 
This article first appeared in The Weekend Australian. 
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Victoria's oldest homestead, Sunbury's Emu Bottom listed

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Marketing entrepreneur Fergus Watts has bought a charming weatherboard homestead in Moorooduc on the Mornington Peninsula.
He paid $2.15 million for <a href="https://www.realestate.com.au/sold/property-house-vic-moorooduc-123314286">the six hectare estate</a>.
The bespoke period home was relocated from Geelong then extended with wrap around verandahs overlooking its rose garden and orchard.
The selling agents were Bowman &amp; Company agents Robert Bowman and Alex Campbell.
Watts, who play with the AFL sides, Adelaide Crows and St Kilda, returned to Australia after opening a new London office wanting a sea and tree change.
He says he has no daily requirement to go to the Bastion Collective office, his international management and marketing business. 
This article was first published in the Weekend Australian Mansion Australia property section.
 
 
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Fergus Watts buys relocated Moorooduc homestead

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Mundarlo's Deltroit Station, one of the standout pastoral holdings of the Eastern Riverina, has been listed for sale.
It is less than three years since it was bought by the Brisbane-based investment company, Australian Pastoral Group (APG).
The 2548 hectare (6296ac) grazing and cropping property, with 1902 homestead situated 33 kilometres south of Gundagai in the Hillas Creek valley, was bought by APG in 2012.
It became the administrative flagship of APG, a company established by Alan Hayes, who was previously the founding chief executive of Paraway Pastoral Company for Macquarie Bank.
APG’s two other stations, the 141,000ha Neumayer Valley in the Gulf of Carpentaria, and the 6000ha “Kinbeachie” at Goondiwindi in south-west Queensland are also for sale through Inglis Rural Property.
Offers are closing May 19, with Inglis’ sales manager, Sam Triggs, suggesting in the $18-$20 million range, given the property’s proven productivity and high standard of improvements.
Taken up as a selection in 1866 by William and John Richardson, Deltroit Station remained in Richardson descendants’ ownership for nearly a century.
Subsequent owners included US-based King Ranch principal Robert Kleberg, the Adelaide-based Barr-Smith family, and former Lumley Insurance chairman Anthony Crichton-Brown who was the 2012 vendor.
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Deltroit, Mundarlo listed by APG

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The 28ha hectare Birriwa estate near Dubbo has been listed at $2.8 million.
The property is at 3894 Castlereagh Hwy in Dunedoo.
The 1907 sandstone <a href="https://www.realestate.com.au/property-house-nsw-dunedoo-122283810" target="_blank">Birriwa Homestead</a> has been listed by Mary and Keith Salvat who have meticulously restored the property.
It is for sale through Nicolette van Wijngaarden of Unique Estates with the owners now moving overseas.
Birriwa Homestead is 361km northwest of Sydney and about an hour from Dubbo.
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