Rural Listing

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Eleuthera, the Exeter farm in NSW, now has a $5 million price guidance, $1.5 million less than when first advertised last September.
The <a href="https://www.domain.com.au/for-sale/ellsmore-road-exeter-nsw-2579-2011420587?sp=5" target="_blank">40 hectare estate</a> is inspired by the modernist architectural forms of the American architect Frank Lloyd Wright.
It has three bathrooms with stone, glass and masonry.
There are large picture windows with views over the gardens and beyond.
It comes with heated pool, tennis court, three bedroom manager’s cottage, and two bedroom barn style guest accommodation and stables.
Eleuthera is about one and a half hours from Sydney and an hour from Canberra.
The property has been listed through Drew Lindsay at Drew Lindsay Real Estate.
Last year, Drew Lindsay at Drew Lindsay Real Estate gave a $6.5 million price guidance for the redundant home of his<a href="/news/35681-monaco-based-mining-entrepreneur-chris-kyriakou-lists-eleuthera-his-exeter-rural-property" target="_blank"> Monaco-based vendor, mining entrepreneur Chris Kyriakou</a>.
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Exeter's Eleuthera trophy home drops price guidance

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Cobbs Hill, a historic Adelaide Hills property has been listed for sale.
The <a href="https://www.realestate.com.au/property-acreage+semi+rural-sa-oakbank-120527845" target="_blank">382 Swamp Road</a> home has been listed with $5.5 million hopes through Dee-Anne Hunt at Harcourts Adelaide Hills.
Built in 1854, Cobbs Hill had been the home to only five families.
Roger and Sally Cook have lived there for 25 years and have restored period features including high ceilings, thick stone-walls and decorative cornices. 
The property is well suited to almost any agricultural pursuit. Originally a resting station for the Cobb and Co coach horses in the 1800's; it is now a well maintained, income producing cattle property and vineyard. 
The Cooks established a 250 acres vineyard of Sauvignon Blanc, Chardonnay and Riesling produce award-winning grapes that are supplied several well-known wineries. 
The Adelaide Hills is located 20 minutes to the Adelaide CDB.
Offers are due October 19.
The median house price for the nearby suburb of <a href="https://www.urban.com.au/property-observer" target="_blank">Oakbank is $555,000</a>, according to CoreLogic RP Data.
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Historic Cobbs Hill, Adelaide Hills listing

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Queensland Government owned properties, once earmarked for the former Glendower Dam project around Beaudesert and Tabragalba, are on the market in the first stage of the open market sales program. 
The properties are a combination of large agricultural holdings, residential houses and lifestyle properties. 
Six properties will be offered by auction for June 7 auction.
These properties comprise of three blocks of vacant land around 50 hectares each, a house on 1.2 hecatres, a house on 20 hectares with frontage to the Albert River and lastly 193 hectares of prime river flats with irrigation licences, houses and sheds. 
The three lifestyle blocks are adjoining and are all fronted by Beaudesert Nerang Road.
One property comprises 193 hectares of rich river flats.
Three water licences are currently attached to the property. It is in eight freehold titles and has frontage to both Beaudesert Nerang Road and Tabragalba House Road. 
The properties are located 60 kilometres from Southport and 70 kilometres from Brisbane. 
Ray White Rural Queensland sales agent Peter Douglas and Ed Dalton, at Ray White Rural Beaudesert have been appointed to manage the sale process. 
“It is a very good mixture with properties in all price brackets," Douglas said. 
Properties will be open for inspections on Sundays. 
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Ray White Rural to sell Glendower Dam sites

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The Crookwell district farm, Maidstone Downs, a 446ha (1102ac) grazing property has been listed by Elders.
Situated between Binda and Laggan, Maidstone Downs is being promoted as a lifestyle property with a grazing dimension along with scope for development.
<a href="https://www.realestate.com.au/property-lifestyle-nsw-binda-7962522" target="_blank">The property</a> has been listed by Jo-Anne and Ian Dickson, who run a Merino flock with Poll Hereford cows.
They bought it in 1987 following an earlier move to an adjoining property, Chain-of-Ponds, by Mrs Dickson’s late father, Alan Webb. 
Mr Webb was one of a number of former dairy farmers from the Southern Highlands who sold their high-priced farms and moved to broader acres in the Crookwell district in the 1960s and ‘70s, The Land noted.
Sally Carson of Elders Crookwell has listed the property for May 25 auction.
It is expected to attract interest from tree-changers and young couples seeking an entry-level property with upside.
The homestead garden harvests vegetables and fruit with the family virtually self- sufficient, sharing extra produce with neighbours and the local farmers markets at Laggan.
About 90ha of the property is retained natural timber, with about 80 per cent clear for grazing.
The country is well suited to finewool production (the main fleece line from the last shearing fetched 1581c/kg).
They have run 500 merino sheep and 170 plus Hereford cattle.
It comes with a 400 m airstrip.
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Binda farm Maidstone Downs listed

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Aurora, a fully equipped cabin and home set on a 43 acre valley site, has been listed for sale.
Situated at 59 Beveridge Gully Road, Harrietville, it is close to the west branch of the Ovens River and about 1.7 kilometres west of the Great Alpine Road. 
Dickens Real Estate holds the listing for Aurora.
It has an asking price of $1,075,000.
Most of the 43 acres of freehold land have been cleared with a significant area planted as an agroforestry project with blackwoods as a potentially valuable furniture quality timber source on maturity.
The two level Aurora homestead is a four bedrooms, two bathrooms affair with area under roof of about 270 square metre and is fitted out for permanent or Airbnb type rental..
Mindful of any potential commercial or business potentials a significant underground power supply was brought to the property which with little further investment could be upgraded to a three-phase industrial supply.
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The power supply extends to the farther reaches of the property to allow for expansion in all parts of the property including near the dam.
The vendor says he originally had in mind future commercial options of perhaps a tourism business, a restaurant, boutique vineyard, distillery or brewery including the construction of a cottage type or unit accommodation development which would complement the year-round tourist appeal of Harrietville and especially during the winter for the off-mountain stay skiers.
Additional building services include more than 300,000 litres of rainwater tank storage, a dam reticulated to the main facility area and a 200 square metre, three bay shed with roller doors.
Harrietville is 340 kilometres from Melbourne, a four hour commute from the city.
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Harrietville parcel with agroforestry project comes to market

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Hambledon Park, the North Richmond dairy farm, has hit the market with expectations of $120 million to $140 million.
The 253 hectare property, some 70 kilometres north of Sydney near the Hawkesbury River, was originally purchased in 1972 by the Peel family.
It has operated as a major dairy supplier into Sydney.
The property, comprising open and improved pastures, also includes four working cottages.
There was approval for a small rural subdivision of eight lots no less than 10 hectares each, and more recently in 2008 the subdivision plan was increased to 25 lots.
Cushman &amp; Wakefield expect to see strong interest from developers, the tertiary education and agricultural industries.
"We expect that the most likely purchaser is an upmarket developer of residential subdivision, and we believe Hambledon Park is capable of competing with neighbouring successful housing estates such as; The Ponds, Elara, and The Hills Carmel," agent Anthony Bray said.
 “Properties such as Hambledon Park transact once in a century, and when the site changed hands in 1972, the fundamentals supported agriculture use.
"Today, evaluating comparable land holdings, approval for subdivisions, and future development upside pending approvals, suggests far greater potential land value.”
Bray is marketing the property with James Lincare.
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An estimated 50,000 new residents will move to The Hills over the next 20 years as a direct result of the North West Rail Link as the residential development market has experienced its strongest growth in years driven by availability of stock. 
The Hawkesbury Council aims to deliver 60,000 new dwellings by 2031. 
 
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Hambledon Park, Sydney's $140 million dairy farm, for sale as housing site

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Old Toonallook, a farm and family lifestyle holding located only twelve kilometres south of the Hume Freeway at 1233 Wymah Road Bowna, has been sold by Rodwells Ruralco property agent Dave Colvin.
The sale price was undisclosed, but believed to be within the pre-sale estimation in the mid two million dollar range.
“The purchasers are an Albury based professional couple who plan to reside on the property with the convenience of a thirty minute commute into town,” Mr Colvin said.
“This results shows that even in uncertain times with impediments to a traditional property sale process there are buyers prepared to act on the offer of a quality property”
The Old Toonallock property dates back to about 1870 when the property acted as a Cobb &amp; Co stabling point.
It has a substantial and well restored 50 plus square homestead and a land area of 104 hectares (or 257 acres).
The vendor had a personal plan to offer the property for sale by a conventional public auction process but this was upset by the COVID-19 situation developing.
“We elected in conjunction to press on with her personal plan and in consequence Rodwells Ruralco Property offered Old Toonallook by a private sale process with an auction if necessary, to be held with phone bidding by registered bidders only on Friday 8 May at 2pm.
“Private inspections of the property were by appointment only with appropriate personal safety practices employed over the month long marketing campaign” Mr Colvin adds.
Itself once the centre of a major district pastoral station Old Toonallook now comprises a single title freehold farm title at 1233 Wymah Road that gives bitumen road access running north south from the Hume Freeway from where it is a double lane freeway access into Albury Wodonga.
The centrepiece feature is the 50 square metre Old Toonallook homestead that includes a part of the original weatherboard structure from the 1870s.
It was built in 1925, and offers four bedrooms, two with their own en suites, copious high-ceilinged room sizes, expansive living spaces, a true farm kitchen, long passage ways for access, multiple chimneys for wood heating, even a large underground wine cellar with a trapdoor entry.
The homestead is adjoined by a separate one-bedroom accommodation building with kitchen and services
There is also the original farm slaughterhouse and cool room.
The homestead is set in an established lawned and garden area with specimen trees including several substantial peppercorn trees, with a school bus pickup available at the front gate.
While affording comfortable family living plenty of scope remains for the purchaser to value add further, or to bring their own design statements or style to this gracious homestead.
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Old Toonallook property in Bowna sold at phone-in auction

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Gullaweena, a 44 hectare Paddys River farm on the edge of the Southern Highlands, has been listed for sale for $3.2 million.
The Inverary Road farm, near Bowral, currently operates half of the main residence as a guest house, which rents at $190 a night.
The self-contained guest house comprises three bedrooms and a two storey library room. 
The other side of the homestead has a further three bedrooms, three bathrooms and a games and art room.
The stable complex, dressage arena and round yard have recently been improved. There are also new stockyards, a machinery shed, hay shed and workshop. 
Campbell Jones Property agent Angus Campbell-Jones is marketing the home that last traded for $1.45 million in 2012.
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Gullaweena, Paddys River showpiece for sale

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Valinor Park, a 204 hectare country estate in South East Queensland's Somerset Region, has hit the market.
The Mount Kilcoy farm has been listed by former LNP Minister Di McCauley and husband Ian. 
It will go under the hammer at an online auction on June 19 through Ray White Rural Queensland agent Jez McNamara.
Set an hour and a half from Brisbane, the mixed opportunity acreage boasts valley vistas.
It comes with an architecturally designed home complete with guest wing and rolling green pastures. 
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The homestead Belmont House was designed by Sparc Architects’ Kelly Gray.
It offers function living spaces, wood burning fireplace, covered BBQ area and salt water pool. 
The working cattle property also has a three bedroom Queenslander with a tennis court. 
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“The house was built from scratch and we made a list of what we felt were our priorities for a house because we never agree on anything but when we exchanged lists they were almost identical,” Ms McCauley said.
 
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Valinor Park in the dress circle of Kilcoy listed 

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Hambledon Park, the North Richmond farm, has been sold for $60 million. The 253ha property, 70km north of Sydney, has been bought by Fairway Thoroughbreds businessman John Camilleri, the breeder of Winx.
His acquisition wasn’t equine driven nor for Camilleri’s Baiada Poultry enterprise, which controls the Steggles and Lilydale brands.
Instead it is a long-term residential subdivision opp­ortunity. There is approval for a small rural subdivision of 25 lots, which dates back to 2008. 
But the demand for smaller housing lots in the Hawkesbury municipality has rocketed over the subsequent dozen years.
“Hambledon Park will one day be a new suburb of Sydney,” Cushman &amp; Wakefield selling agent Anthony Bray said.
Any eventual residential development market will follow the nearby successful housing estates including The Ponds, Elara, and The Hills Carmel.
Hambledon Park, the North Richmond dairy farm, initially hit the market with expectations of $120 million to $140 million, but the lack of developer interest saw the price expectations dampened.
The Camilleri family’s Celestino Developments recently sold Stockland, the unbuilt two-thirds of its 293ha masterplanned site, The Gables at Box Hill with the listed developer paying $415 million over seven years.
Bray had expected to see stronger interest from developers, the tertiary education and agricultural industries for Hambledon Park, but the absence of Chinese buyers from the buying mix meant it sold for under its $120 million expectations of two years ago.
The property was a 1200-cow dairy farm at its peak after being purchased in 1974 by the Peel family who were a major dairy supplier into Sydney.
More recently it has been a feed lot, along with operating a breeding herd of about 300 black angus cows.
 
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