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While most city folk hold on to their houses for an average of about 10 years, those on the land often have a different view about real estate – it’s not a commodity to be bought and sold at whim, but a long-term investment.
In the bush, it’s not uncommon for farms to stay in the same family for generations. In many cases, they have never been sold.
Here are four properties on the market now that will mark the end of an era.
‘Rockview’ has been owned by five generations of the Deasy family and their descendants have been on the land for 140 years, and have never traded the farm outside the family.
Since the 1860s, they’ve farmed sheep, cattle and crops, and the cattle yards and fences are still in place.
On 321.73 hectares, the property is believed to be one of the largest private landholdings in Hunter Valley Wine Country.
It has a development application in place for an eight-lot rural subdivision.
The zoning of the property allows integrated tourism such as accommodation, a resort, restaurants, a hotel, vineyards or a winery in addition to grazing and other agricultural activities.
“While a property of this size is suitable for mixed grazing and agricultural use, including establishment of the largest vineyard in the lower Hunter, it also provides a perfect setting for development of the Hunter Valley’s most prestigious residence,” the listing reads.
Rockview is for sale now through expressions of interest.
Glen Alvie, Victoria
Located in Victoria’s Bass Coast Shire, ‘Windana’ has 141.6 hectares across four titles and a three-bedroom brick family homestead built in the 1960s.
Rodwells Ruralco Property’s selling agent Damien Minogue said the property had been held in the Wilson family name for almost 60 years.
“But Jim has recently passed the 80-year milestone and finds that the daily tasks of farming now warrant a decision to sell the farm and retire,” he said.
Jim Wilson operated it as a dairy farm until 2006 when he acquired the property next door and converted the larger farm into a beef cattle breeding and finishing operation.
“This is a productive, picturesque farming country with many established tree lines along the fencing and in the paddocks,” Mr Minogue said.
“There is plenty of further scope for improvements and development and I would value it at circa $6000 to $7000 per acre as a whole.”
Windana is for sale through expressions of interest through Ruralco Property Leongatha.
Lewis Park, Queensland
Three generations of the same family have grown up at ‘Lewis Park’, about 45 minutes from both Brisbane and the Gold Coast.
On the on 88.31-hectare property are three-architect designed homes, each overlooking dams and with views to Mt Tamborine.
The listing has flagged the property as a potential land bank for future city expansion and notes it has a 2.4 kilometre frontage to the Albert River.
The vendor has operated Lewis Park as a cattle stud and the sale comes with infrastructure including sheds and cattle yards.
Lewis Park is for sale now through expressions of interest.
Blackwood Park, NSW
The vendor of Blackwood Park, Robert Landale, says that he will be retiring and with no family succession, he is now offering the property for sale, ending five generations of family ownership.
The crop farm sits on 3416 hectares north-east of Deniliquin in NSW’s Riverina region, with frontage to Forest Creek.
Pat Rice & Hawkins selling agent Matt Childs said the offer of the property for sale as a whole, or in two portions presents a unique opportunity.
“The chance to purchase a long-held family property representing some of the best cropping potential of the southern Riverina and specifically of the Deniliquin-Conargo district is rare indeed,” Mr Childs said.
“The vendor will also entertain offers for the water rights, the farm machinery and stock as he is fully committed to retirement.”
Blackwood Park is for sale now through expressions of interest and is expected to sell for more than $4.5 million.