Builder-developer ALAND has drawn back the curtain on its first city-focused new apartment development.

The North Sydney development, <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-173-179-walker-street-north-sydney-nsw-2060">The Walden</a>, is the first time the company has ventured this close to the city, having previously completed thousands of apartments predominantly in Sydney's west, and more recently in Gosford.

<a href="https://www.apartments.com.au/developers/aland">ALAND</a> acquired the prime North Sydney site, spanning Walker and Hampden Streets just down the road from the Victoria Cross Metro station, for $240 million in June.

Now they've unveiled the new project, a mix of one-, two-, three- and four-bedroom apartments across a 30-level building designed by Rothelowman.

[smartcode_project:default project_id=134323 project_image_fid=6384]

The Walden will capitalise on the site’s front-row position on the eastern fringe of the <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> CBD, which offers uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.

The main tower will be flanked by a small four-level amenity building known as The Pavilion, offering exclusive resident-only amenities including a dedicated concierge service, a sauna and private wellness studio, a gymnasium and fitness studio, a resort-style rooftop pool and sundeck.

There will also be a&nbsp;residents’ lounge, private dining and a wine cellar, and co-working facilities with an on-site meeting room and boardroom.

&nbsp;

&nbsp;

[smartcode_project:default project_id=134323 project_image_fid=6382]

ALAND Founder Andrew Hrsto said the company knew they could create something "iconic" with The Walden when they saw the site.

&nbsp;

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic – being the last development with a view offering this exceptional.

“We identified the attributes and quality of the site as being perfectly aligned for ALAND – and we feel that this off-market acquisition is a perfect opportunity to showcase our craftmanship and expertise through a truly unique offering."

[smartcode_project:default project_id=134323 project_image_fid=6399]

Hrsto pointed to ALAND’s longstanding development expertise as a significant benefit in delivering a positive outcome for The Walden.

“Being a fully integrated development and construction business with a highly experienced team, we have the benefit of in-house experts across the development spectrum, from acquisitions, design, planning, and construction, to sales, marketing, property management, through to building management.

“As one of Australia’s largest private development and construction groups, we’ve been in operation for 23 years, with a Gold Star iCIRT rating and a 100 per cent delivery success rate across numerous masterplanned and mixed-use projects – and we’re very much looking forward to bringing this expertise to The Walden and contributing to the ongoing revitalisation of North Sydney."

The Walden is the latest development in Sydney to have the 10-year Latent Defects Insurance policy by Resilience Insurance, protecting buyers from any structural or waterproofing-related issues for 10 years post-completion.&nbsp;

Demolition of existing structures on The Walden site has already commenced through specialist civil contractor Moits, with the aim of completing preparatory ground works by the end of 2025, ahead of construction commencement in early 2026.

[smartcode_project_cta:default project_id=134323]

Joel Robinson

ALAND unveils The Walden, North Sydney's latest luxury apartment development

<a href="https://www.apartments.com.au/developers/toga-group">TOGA</a> has opened sales for the final building in Macquarie Rise, its latest mixed-use development in Macquarie Park.

Since launching its <a href="https://www.apartments.com.au/new-apartments/macquarie-rise-122-herring-road-macquarie-park-nsw-2113">Macquarie Rise</a> in late 2023, TOGA has secured over 125 sales in the Herring Road development, to a range of purchasers, from first home buyers to investors and downsizers. Around 65 per cent of purchasers have been owner-occupiers.

TOGA has now launched a new release of one-, two-, and three-bedroom apartments in the final building, Saunders Rise. Many of the apartments feature multi-purpose rooms and offer views of the surrounding greenery. Also part of the release is a series of&nbsp;sub penthouses housed on the upper floors.

[smartcode_project:default project_id=89243 project_image_fid=242696]

&nbsp;

“We’re delighted with the ongoing strong interest in our Macquarie Rise development, which is testament to the need for premium housing in this much-loved Sydney suburb,"&nbsp;Allan Vidor AM, Managing Director at TOGA, said.

"We’re proud to be able to offer buyers a unique product that includes luxury amenities, spacious living areas and flexible layouts, designed to suit all kinds of buyers, from young professionals to families and investors.

“We have long been advocates of Macquarie Park, and once Macquarie Rise is complete, TOGA will have built 1,000 apartments in the area, delivering much needed homes within a thriving precinct. It’s great to see the area become renowned for high-quality apartments, proximity to amenities and green spaces."

TOGA, one of Australia’s few Gold Star iCIRT rated developers, is also handling construction of Macquarie Rise. They are on track to complete the building in 2027.

[smartcode_project:default project_id=89243 project_image_fid=310789]

Macquarie Rise boasts a prime location, placing residents within immediate reach of Macquarie Centre, Macquarie University, and the newly completed Macquarie University Metro, connecting to the Sydney CBD is just over 20 minutes.

&nbsp;

Macquarie Rise residents also have access to Club Rise, an exclusive, residents only lounge designed by luxury hotel designers Stack Studio, offering an abundance of work and break-out areas, a Pilates studio, a gym, and a karaoke room. As well as these premium amenities Macquarie Rise will also feature an impressive podium top 20m lap pool.

[smartcode_project:default project_id=89243 project_image_fid=242695]

“Offering luxury, spacious apartments in a vibrant and well-connected neighbourhood, it’s no surprise that Macquarie Rise remains popular with a range of buyers," said TOGA's General Manager of Sales, Anthony Falas.&nbsp;

"With interest rates tracking downwards, we expect the final apartments to continue to receive high levels of interest.”

Located at 122 Herring Road, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of over $400 million.

&nbsp;

[smartcode_project_cta:default project_id=89243]

TOGA launches final stage apartments in Macquarie Rise

Southern Cross Station anchors the western end of <a href="https://www.apartments.com.au/developments/melbourne-vic-3000">Melbourne</a>’s CBD, connecting metropolitan and regional rail with tram and bus interchanges in one of the city’s busiest transport corridors.&nbsp;

Just metres away, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a>&nbsp;will place residents in the heart of the city, with immediate access to Spencer Street trams, a growing mix of retail, hospitality and cultural venues, and a neighbourhood evolving into a lively residential precinct.

Developed by <a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a>, the 68-level project integrates a sculptural glass tower with the heritage-listed Eliza Tinsley Building on a 2,765 sqm Bourke St site.&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335425]

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the development replaces a previously approved scheme for 813 apartments with a refined offering of just over 600 larger-format residences, responding to a growing owner-occupier demand for spacious city living.

The location sits within a dynamic pocket undergoing significant transformation. Marvel Stadium and the Docklands waterfront are less than 10 minutes away on foot, offering both sports and leisure attractions.&nbsp;

Bourke Street Mall, Queen Victoria Market, and the State Library are all within walking distance, while Flagstaff Gardens, Melbourne’s oldest park, provides a green escape just to the north.

&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335422]

Proximity to some of the city’s largest employers and education hubs, including the courts precinct, legal chambers, RMIT, and major hospitals, makes 640 Bourke Street an appealing residential address for professionals, families and students alike.

Education opportunities span all levels. Nearby, Haileybury City Campus offers private schooling just a short walk from 640 Bourke Street. Just beyond the CBD fringe, Carlton Gardens Primary School, one of Melbourne’s oldest state primary schools, and Docklands Primary School provide convenient government schooling options.

Higher education is equally accessible. RMIT University’s city campus spans multiple buildings just a few blocks away, while the University of Melbourne’s Parkville campus is easily reached via tram along Swanston or Elizabeth Streets.

Victoria University’s City Queen campus, focused on law and business, is also close by, positioning 640 Bourke Street within walking distance of three of Melbourne’s major tertiary institutions.

[smartcode_project:default project_id=509 project_image_fid=335426]

The neighbourhood’s retail tapestry continues to evolve into something distinctly local and walkable. Just steps away, Woolworths Metro on Bourke Street ensures that everyday essentials are easily within reach.&nbsp;

For larger shopping trips, Spencer Outlet Centre on Spencer Street and QV Melbourne on the opposite side of the CBD broaden the offering with supermarkets, fashion, dining and specialty stores.

The lane-to-lane vibe unfolds beautifully in nearby arcades and alleys. Hardware Lane, with its European-style red-brick paving and alfresco dining, pulses with jazzy evenings and casual lunches.

A few minutes north, Howey Place and Centre Place offer leafy, boutique-lined lanes where hidden cafés and niche retailers congregate under historic glass-covered cloisters.

Completing this tapestry is the newly opened Mecca “beauty playground” on Bourke Street. Spanning 4,000 sqm over three levels, the flagship blends immersive retail within an art-deco heritage setting.

&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335427]

This finely grained network of shops, eateries, arcades and service outlets defines the everyday lifestyle at 640 Bourke Street - further enriched by over 3,000 sqm of resident amenity including a Turkish-inspired pool, gym, co-working rooms and private cinemas.&nbsp;

Apartments are priced between&nbsp;$640,000 and $3.95 million. Off the plan stamp duty concessions available until October 2026. Prospective buyers can visit the on site display gallery which has&nbsp;fully built one, two, and three-bedroom apartments.

[smartcode_project_cta:default project_id=509]

640 Bourke Street: A heritage address at the heart of Melbourne

Lower North Shore development specialists&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>&nbsp;has topped out its new local apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn-nsw-2065">Northcote Collective</a>.&nbsp;

Located in the tightly held suburb of <a href="https://www.apartments.com.au/developments/naremburn-nsw-2065">Naremburn</a>, Northcote Collective is a collection of just 58 one-, two-, and three-bedroom apartments designed by award-winning architects Rothelowman.&nbsp;

The building is just a five to 10 minute walk from the heart of Crows Nest and the new&nbsp;St Leonards and Crows Nest Metro stations. Abadeen has also brought doorstep convenience, with a ground-floor retail offering on Northcote Street.

Northcote Collective is being delivered by&nbsp;<a href="https://www.apartments.com.au/builders/decode">Decode</a> — an iCIRT-rated construction company well regarded in the new development industry.

[smartcode_project:default project_id=114189 project_image_fid=272840]

“This is an important and exciting moment for Northcote Collective, and we’re proud to celebrate this milestone with our partners, consultants, and future residents,” said Justin Brown, Executive Chairman and Founder of Abadeen.&nbsp;

“From the outset, our vision was to create something truly special for Naremburn — homes that respect the character of the neighbourhood while elevating the standard of Lower North Shore living. With connectivity to transport, retail on the doorstep and a true village lifestyle, this milestone also comes at a perfect time when buyer confidence is returning to the market. I am incredibly proud of our team and of Decode for their dedication in helping us bring this vision to life.”

[smartcode_project:default project_id=114189 project_image_fid=272865]

The development is two-tiered, with two rooftops for residents. The taller building has an impressive rooftop pool, a rare inclusion in the new Sydney apartment market. The level, with panoramic views, also includes an entertaining terrace with barbecue facilities.

Local downsizers and young professionals are showing the strongest interest in the development, with recent improvements in the property market — supported by three rate cuts in 2025 — boosting borrowing power and buyer confidence.

Auction activity across Sydney surged by almost 30 per cent in recent weeks, with clearance rates above 70 per cent — signalling a renewed wave of buyer demand.

Northcote Collective will welcome buyers in 2026.

[smartcode_project_cta:default project_id=114189]

Abadeen tops out Northcote Collective in Naremburn

Sunshine Coast-based <a href="https://www.apartments.com.au/developers/devcon-property-group">Devcon Property Group</a> has acquired one of Maroochydore’s most prominent development sites for $12 million unlocking the potentialfor a mixed-use project in the Cotton Tree precinct.

&nbsp;

The 4,178 sqm site at 41–43 Aerodrome Road—well known locally as the former home to one of Australia’s last Sizzler restaurants—was sold via an off-market expressions of interest campaign by Colliers agents Nick Dowling and Baydn Dodds. More than 70 targeted buyer groups were approached, resulting in multiple competitive offers for the property.

Devcon Property Group Managing Director Michael Kain said the acquisition was a strategic move in line with the company’s focus on delivering high-quality projects in prime coastal locations.&nbsp;

“We’re excited about the possibilities this site, in one of the Sunshine Coast’s most iconic beachside &nbsp;communities, offers for a broad range of development outcomes,” Kain said.

“Its location, ocean view potential, and proximity to the Maroochydore CBD and beach make it an &nbsp;outstanding development prospect. Our plans are to refurbish the existing building and then review &nbsp;development options for the remainder of the site.”&nbsp;

<img alt="Aerodrome Rd site overlooking Beach (Large)" data-entity-type="file" data-entity-uuid="a29dc4ed-68c1-4bec-a4fc-283063dcde1e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerodrome%20Rd%20site%20overlooking%20Beach%20%28Large%29.jpg?VersionId=b0WxJWevmLoAfCP4YvGImZpR3rSCJJ9L" />

Colliers Special Projects Manager Baydn Dodds said the sale reflected the ongoing strength of the &nbsp;Sunshine Coast’s development site market, particularly for projects capable of achieving water views. &nbsp;

“Sites of this scale, in walkable beachside locations with ocean views, are tightly held and continue to attract significant interest from both local and national developers,” Baydn Dodds said. &nbsp;

“Holding a prominent position as the former home to one of Australia’s last Sizzler restaurants and more recently occupied by Rashays, the prime site is located just 150 metres from Maroochydore Beach.&nbsp;

“With stunning ocean view potential, located in one of the Sunshine Coast’s best known iconic &nbsp;beachside communities, within steps of shops, cafes and the beach it is no surprise that there was strong interest in the site. The transaction highlights the ongoing depth of demand for well-located &nbsp;mixed-use sites across the Sunshine Coast.”&nbsp;

Colliers Sunshine Coast Managing Director Nick Dowling said the transaction reinforced the &nbsp;Sunshine Coast’s status as one of Australia’s most active development markets.&nbsp;

“The combination of strong population growth, lifestyle appeal, and infrastructure investment is &nbsp;driving demand for quality development opportunities,” Nick Dowling said. &nbsp;

“The Sunshine Coast is one of only three markets nationally to record an increase in crane numbers, &nbsp;reflecting the strength of the region’s construction pipeline.&nbsp;

“Opportunities like this are rare and continue to generate strong buyer interest in the region.”&nbsp;

The Sunshine Coast development market is booming, with several high-profile developers like Cube Developments, Gardner Vaughan Group, and RCQ, planning developments in the region.

Devcon buys Sunshine Coast’s former Sizzler site for new apartment development

Rural Auction

<html><body>
Ray White Rural South Australia has eight rural properties going under the hammer.
The ongoing growth in farming land values in SA over the past few years has led to this flurry of auctions. 
The offering of Pine Drive (pictured above) presents an opportunity to acquire a 712 hectare parcel of land in the Farrell Flat area.
It's now in its fourth generation and 100th consecutive year of ownership in the same family name, Pine Drive is being offered for sale as a whole.
Ray White Rural SA Director Geoff Schell said some of the higher rainfall areas and more reliable cropping areas had seen capital growth of up to 20 to 30 per cent in the last two years.
<img src="https://f.datasrvr.com/f1/319/14297/Pinerow.JPG">
Mr Schell said, “many of the properties coming on to the market are from those exiting agriculture because they don’t have the next generation coming home to the family farm."
“They’re also coming from those who don’t have the scale of operation for business efficiency or don’t want to or are unable to increase debt levels to invest further into farm expansion."
“With the continuing dry across Australia, we’re also seeing very strong enquiry from within SA and NSW and the drier areas of Victoria for the higher rainfall areas of SA. The south-east region of SA has performed very well when many other areas have struggled."
<img src="https://f.datasrvr.com/f1/119/61884/Schaefer's.JPG"> “With the continued strength of the livestock sector, a number of our clients have sought opportunities to purchase grazing properties in south-east SA and higher rainfall areas of the Mid North and there’s also good enquiry for well-developed SA pastoral properties.
“We're also seeing investor interest in agriculture where both smaller private investors and high net worth investors see agriculture as a key investment area with solid returns and a bright future for the sector.
<img src="https://f.datasrvr.com/f1/419/73637/Smithams.JPG"> “Despite ongoing dry conditions for many areas of SA, many sales of agricultural and grazing land throughout SA have exceeded expectations in the last couple of years. In the reliable rainfall districts, we’ve seen demand outstripping supply. “South-east SA has seen a resurgence in enquiry levels in the past 12 months with buyers looking for the higher rainfall and reliability of this region," he concluded.
Upcoming Auctions for Ray White Rural SA;
<a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1Iv0mRHy/+dfphG6yLgAlW42AdMS8CdJ6URjGVdlxj6YlGgsGsZN3W2MERuzm6e+Z6y3Pqqlj1pJcAcFf+Af6RD0LxTw6DAC7b9SGE8BF3zg/3WIOVEW9P0=&amp;rh=ff00527bf108b4e4e8f335fe774bbd1e785f7c51" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">‘Pine Drive’, Farrell Flat</a> - Wednesday 2nd October, The Valleys Lifestyle Centre, Clare <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1Iv0mRHy/+dfphG6yLgAlW42AdMS8CdJ6URjGVdlxj6YlGgsGsZN3W04WNxcLG5N1TFd63ZuBx8H/LXZPPUfE/Iaqyt5d6CuM9ntD1hROEtV&amp;rh=ff00527bf108b4e4e8f335fe774bbd1e785f7c51" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">‘Smitham’s’, Hart</a> - Wednesday 9th October, The Valleys Lifestyle Centre, Clare <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1Iv0mRHy/+dfphG6yLgAlW42AdMS8CdJ6URjGVdlxj6YlGgsGsZN3W1hZ1VESpObD+5epUppz3lYUQ5pqmO8uxXyFpBbN+1s2xG4NT88QDq3Q0KkyI1zr6I=&amp;rh=ff00527bf108b4e4e8f335fe774bbd1e785f7c51" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">‘Pinerow’, Wirrabara</a> - Tuesday 15th October, Wirrabara Town Hall <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1Iv0mRHy/+dfphG6yLgAlW42AdMS8CdJ6URjGVdlxj6YlGgsGsZN3W1hZ1VESpObD66rBHOFEW1zRpgeigMxx789eW4SDO9xHy752u0QoDbUHw0F9UENoU4=&amp;rh=ff00527bf108b4e4e8f335fe774bbd1e785f7c51" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">‘Stone Hut’, Wirrabara</a> - Tuesday 15th October, Wirrabara Town Hall <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1Iv0mRHy/+dfphG6yLgAlW42AdMS8CdJ6URjGVdlxj6YlGgsGsZN3W0ybM1E5dEG1dWaWgP4Lrlp8HLC0+V4yczD/WKlzzRfcoC5HEw3RCUXiCssyNKgJcw=&amp;rh=ff00527bf108b4e4e8f335fe774bbd1e785f7c51" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">‘Schaefer’s’, Bethel</a> - Thursday 17th October, Dutton Park, Kapunda <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1Iv0mRHy/+dfphG6yLgAlW42AdMS8CdJ6URjGVdlxj6YlGgsGsZN3W0ybM1E5dEG1RhovXw1rbB5My9i7JfQFKWpAdmgc3r8JbCKo4tqSok7&amp;rh=ff00527bf108b4e4e8f335fe774bbd1e785f7c51" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">‘Bagot Well Block’, Bagot Well</a> - Thursday 17th October, Dutton Park, Kapunda <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1Iv0mRHy/+dfphG6yLgAlW42AdMS8CdJ6URjGVdlxj6YlGgsGsZN3W3I/1cdNSG2EXnn7u0nOb1vwGKWONmhaxTOP1uR8oGGCS0JQsHKNsdkj+S6My/nAXs=&amp;rh=ff00527bf108b4e4e8f335fe774bbd1e785f7c51" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">‘Launer’s’ Robertstown</a> - Thursday 17th October, Dutton Park Kapunda <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1Iv0mRHy/+dfphG6yLgAlW42AdMS8CdJ6URjGVdlxj6YlGgsGsZN3W1hZ1VESpObD66rBHOFEW1zuWA28l3Esur8rsJaQvazRlnRNmAmt+qu&amp;rh=ff00527bf108b4e4e8f335fe774bbd1e785f7c51" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">‘Cobiacs’ Wirrabara</a> - Thursday 24th October, Wirrabara Town Hall.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Pine Drive in Farrel Flat, SA offered after a century: Ray White

<html><body>
A Glanmire, NSW, has sold for $7.1 million – a significant amount over reserve, according to its selling agency.
The sale of <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39R+6hBQZ7yXMt0Z3VIjNMZG1sL0iOZoOnpA/trL2FuXNBIVuoLU/yHZ&amp;rh=ff004a4e0f3c0c00611a22e1e64d9dd4a4c41939" target="_blank">4985 Great Western Highway</a>, known as Kenda Park, was Ray White’s biggest under the hammer last week.
Kenda Park includes three houses, excellent equestrian facilities and extensive farming infrastructure.
Ray White Emms Mooney rural sales specialist Peter Crampton said the 404.5 hectare property is a high-profile asset located 8 kilometres from Bathurst.
Mooney said the property is approximately 95 per cent arable, the property is suitable for lucerne or other fodder crop production, livestock fattening, breeding, and as a farm stay or B&amp;B-style accommodation.
“For a block that size being so close to town to be available really is rare and it came down to two parties that really wanted the property,” Crampton said. “There was strong enquiry throughout the campaign. We had in order of 40 email enquiries and about the same number of telephone enquiries resulting in 20 inspections of the property.” Kenda Park was purchased by a husband and wife who had been living in the local area for years. “Bathurst is really popular with local and Sydney buyers, and being just over the mountains, it’s perfectly placed for city and tranquility,” Crampton said. “We’ve also had some good recent summer rain so the property was looking great and presented well with good feed on it.”
Crampton said top Ray White Rural agent Sam D’Arcy represented the buyers.
</body></html>

jonathanchancellor-7SQnKwU6yx

Rural NSW farm Kenda Park sells for $7.1 million under the hammer

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
The historic New England high country property, Prestwick has been sold prior to auction.
Meares &amp; Associates had been scheduled to auction the property today.
It sold to a Sydney investor with other rural interests.
The farm had been initially listed in autumn by Roger Grant, the Tamworth-based cattleman who had $5 million to $5.5 million hopes.
With a history dating back to the 1840’s when botanist and explorer Cunningham took up the land grant at Prestwick, it was marketed as a well managed and improved cattle breeding property enjoying all the features of the high country, including strong principally trap and basalt soils, normally high rainfall, with over 50% established with well improved pastures, including a mix of phalaris, cocksfoot, rye and clovers.
Located 55km southwest of Walcha and 53km from the regional centre of Tamworth, the 1,171 hectare (2,893 acres) property has traditionally carried 450 Angus breeding cows and heifers, with the progeny regularly topping the Tamworth premium weaner sale in January, at 8 – 10 months of age.
Prestwick has seen an extensive development program over the past three years with now approximately 565 ha (1,250 acres) of well developed pasture country and a further 60 ha (150 acres) recently cleared and being prepared for new pasture sowing next autumn. 
There is also a potential to develop a further 160 ha (400 acres) with minimal timber clearing and pasturing. The property has also enjoyed a good top- dressing history in recent years with super applied again as recently as April this year.
The property includes a series of sheltered valleys, with excellent generic features including the principally rich trap and basalt soils.
At an altitude ranging from 800m – just under 1,000m above sea level, there's an annual average rainfall of approximately 36” per annum, and excellent water from the 2.5km frontage to the permanent Mulla Creek, approximately 31 large spring-fed dams, an equipped bore and a series of seasonal spring-fed creeks.
<div class="page" title="Page 2">
<div class="layoutArea">
<div class="column">
The major development program over the past three years has seen emphasis on fencing, including two efficient laneway systems to the south and west linking to the excellent new 500 head capacity all steel cattle yards complex. 
There is also a new all steel hay/machinery shed close to the existing operating improvements. Further innovation has included the upgrading of the electricity services with power lines now placed underground and also the sinking of a new bore close to the homestead.
The freshly painted and airconditioned Prestwick homestead is a classic well designed spacious two storey weatherboard home comprising 3 bedrooms, office, living and modernised kitchen, with easterly facing verandahs overlooking the established gardens. The adjoining 4 bedroom, 2 bathroom manager’s house is also in very good order.
Prestwick is also recognised for its lifestyle benefits with its attractive homestead and its excellent fishing resources – the Mulla Creek recognised as a major brown trout stream – 70,000 fingerlings fed into the Mulla in recent years.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/15/prestwick%202.jpg" alt="">
Chris Meares said Prestwick saw strong enquiry from Brisbane, rural Queensland, western New South Wales and Sydney.
"The owners of Prestwick have managed the extended dry conditions of the New England extremely well, always maintaining feed in front of their cattle.
"This has led them to minimise their cattle numbers in recent times and therefore, even with the small amount of rainfall received, the property is ‘grassing up’ and, hopefully given the summer storm pattern, should carry a good body of feed into the New Year.”
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/15/prestwick%201.jpg" alt="">
</div>
</div>
</div>
</div>
</div>
</div></body></html>

New England farm, Prestwick sold pre-auction

<html><body>
The southern New South Wales farm, Pejar Park, located just north of Goulburn, is being offered for sale by Sydney rural property specialists Meares &amp; Associates.
The offering is via Meares Online Auction to be conducted on 17 and 18 December this year.
Located 25 kilometres north of Goulburn adjoining the village of Woodhouselee, Pejar Park comprises 573 hectares (1,416 acres).
Meares says it could be regarded as a classic high country property (710 metres to 900 metres ASL) with its 75% basalt soils; the balance being granite and loams, its easterly aspect running to a 6 kilometre frontage to the large Pejar Dam.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/12/property-sale-goulburn-pejar-park-3.jpg" alt="">
Meares commented the current owner Nicholas Rowe has not only preserved, but developed the property.
Taken up in 1939 by Len and Beatrice Bligh, the Pejar homestead was designed under the guidance of leading Sydney architect John Mansfield.
It is set amid award winning gardens with English trees including claret ash, golden elms, maples and deodars.
Nicholas Rowe continued the development of Pejar Park improving the homestead and gardens under the guidance of well known designer Donald Campbell.
It has been running between 2,200 and 2,500 cross-bred ewes plus some cattle, including its Sydney Royal award winning Poll Hereford stud.
Recent sales in the Goulburn/Roslyn/Crookwell area have seen land sell for upwards of $3,500 to $4,300 per acre.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/12/property-sale-goulburn-pejar-park-4.jpg" alt="">
It is expected that the property will sell in a range of $5 million to $5.5 million, i.e. ($3500 to $4000 per acre).
</body></html>

Pejar Park grazing property and homestead listed for online auction

<html><body>
Quiz champion Honza Mikula has listed his 37 hectare Captains Flat property. 
Mikulov, set south of Queanbeyan, NSW, come with an 1890s mines office residence dating back to its time as the bustling copper mining site of the Lake George Mining Co.
The property (pictured above and below) comes with a landscape of concrete ramparts and relics of the bygone era surrounded by native forest.
<img src="https://www.urban.com.au/images/2018/7/23/Miney.JPG" alt="">
John Buckley at RE/MAX Capital is taking it to <a href="https://www.realestate.com.au/property-house-nsw-captains+flat-128768402" target="_blank">September 1 auction</a>. Buckley expects the property to fetch somewhere between $600,000 and $650,000.
The holding, which is located on Old Mines Road, last traded in the 1960s after the liquidation of the London-based mining company.
Mikula has been on Rockwiz as well as Who Wants to be a Millionaire? in his pursuit of recognition as an Australian quiz champion.
<img src="https://www.urban.com.au/images/2018/7/23/Miney%202.JPG" alt="">
</body></html>

jchancellor-FAypfDUnLy

Former Captains Flat mining site to go under the hammer

<html><body>
The long-held Kumbada farm at Jindivick has been sold by the Carnegie brothers after 72 years before its scheduled auction on December 8.
The sale price was not disclosed but is believed to be around $4 million.
The property spans 228.5 hectares and is one of the largest farm holdings in the district. It is located just to the north of the Princes Highway-Jindivick Road junction and close to the Drouin-Warragul area.
The selling agent was Rodwells Ruralco Property’s Damien Minogue.
A local beef cattle farmer is the new owner and has plans for a 300 cow-and-calf operation.
Originally purchased by the Carnegie brothers’ parents as a small dairy operation the acquisition of neighbouring holdings over the years created the sequence of long ownership and now presents the property in four titles.
“The Carnegie family dairy-farmed for many years but more recently Peter and John Carnegie converted it to livestock grazing with recent light stocking,” said Minogue.
“Over the years the Carnegie brothers have topped the Korumburra and more recently Leongatha markets many times with bullocks and vealers with their top quality grass-fed animals”.
The property has an eleven paddock subdivision.
“The improvements comprise the original three-bedroom homestead, plus a manager’s cottage plus another old cottage in need of renovation,” he said.
There are a number of support buildings including machinery sheds, an old dairy and the property has sealed road access.
“Good stock water resources are another feature with a creek frontage and a number of spring fed dams while this property is in a 900 mm annual average rainfall area”.
“I always considered it would be something of a signature sale as no comparable scale property has been offered in this area, nor will one probably be seen again and it is great to see it purchased by a local farming interest.
</body></html>

Jindivick's Kumbada farm sells before auction

<html><body>
Woodlands, located at Bungendore on the edge of the ever expanding Canberra, has been listed for online sale.
The sheep/wool farm is being <a href="https://www.realestate.com.au/property-livestock-nsw-bungendore-7850266" target="_blank">offered for sale via Meares Online Auction</a> by Meares &amp; Associates on 15th/16th November, 2016.
Woodlands comprises 1157.81 hectares with 420 ha established improved pastures including phalaris, cocksfoot and clovers.
The property was selectively top dressed with fertiliser up until approximately 2010.
It is a five minute drive from the historic tourist mecca Bungendore, 30-40 minute drive from the nation’s capital Canberra and its international airport and a three hour drive from Sydney CBD.
Woodlands was taken up by the Hyles family over 150 years ago, and has been managed by five generations of the family over that time. 
The property is currently conservatively carrying 2,600 – 3,000 DSE’s.
However agent Chris Meares says there's the ability to produce beef cattle, run a horse or stud operation, as well as viticulture including wine grapes.
The homestead, set in an attractive garden with a decomposed granite tennis court, is an 1870’s styled Victorian abode where renovations and extensions have been carried out over the years,
Ther's a 5 Stand electric woolshed and shearer’s quarters that can accommodate 12.
Its former school house is used for bunk accommodation.
"This offering would ideally suit an existing farmer or an ‘off farm’ investor,” Chris Meares suggests.
Woodlands is expected to sell for around $3 million with offers closing at 2pm 16th November, 2016 AEDT.
</body></html>

Bungendore's Woodlands for online auction

<html><body>
A circa 4,000 hectare rural landholding in Queensland’s premium cattle country has been listed for the sale via auction on July 20, the first time the land has been offered in more than 150 years.  
Located in Mundubbera, in Queensland’s Wide Bay-Burnett region, Lot 1 and 4 of Deepbank Station comprise two freehold titles covering nearly 4,187 hectares. 
The grazing land, comprising a mix of cleared and improved soil types, is being sold by the McCord family, which have a connection with the region spanning six generations. 
The listing is through CBRE Agribusiness’ Thomas Warriner, Geoff Warriner and Chris Holgar. 
“Properties in this area do no change hands often, which is testament to the productive nature of the region,” said Holgar. 
The property was originally timbered to Brigalow, Box and Ironbark trees, while grass types including Buffel, Creeping Bluegrass, Green Panic, Urochloa and Rhode support a productive cattle operation. 
The property’s major selling factors include the secure stock water resources, which include six bores, six dams and three creek systems, said Warriner.
Holgar said the areas timbered with Narrow Leaf Ironbark and Spotted Gum were also ideal for harvest as an additional source of income. 
</body></html>

Family held cattle grazing land in Queensland up for auction

<html><body>
The world class winery Sweetwater, located in the rolling hills of the Hunter Valley, was withdrawn when listed to been auctioned today.
It was marketed at half the earlier price expectations.
Inspired by southern European vineyard estates, the<a href="https://jurds.com.au/listings/rural_sale-319321-pokolbin/" target="_blank"> 48 hectare Pokolbin holding now comes with $12 million plus hopes</a>.
Chinese buyers have heard of the repricing which triggered a spate of recent inspections by international visitors. But listing agent Alan Jurd said it was withdrawn because he didn’t have anyone willing to bid under auction conditions.
<div>"The vendor is very realistic however and has just given me instructions to reduce the price to above $12million," he said.</div>
Cabernet Sauvignon and Shiraz vines cover a third of the estate which dates back to the colonial 1840s.
Not just a winery and olive grove, the main residence is a stunning Mediterrean style construction that features private and guest wing accommodations.
Duncan Hardie's Sweetwater Wines purchased the land in 1997 with most of the vineyards dying or being grazed by cattle.
Hunter Valley wine veteran Brian McGuigan provided early advice on the layout and planting, having worked on the vineyard when he was about 18 years old.
It is being marketed by Alan Jurd of Jurds Real Estate as the "most significant country vineyard estate in Australia."
Alan had initially been asked to list it at over $30 million last year, then $15 million plus in the lead up to the auction.
Sweetwater Wines, part of the Hardie Holdings group, purchased the land in 1997 in Belford from Belford Pastoral Company, which was originally granted to the pioneering Richard Jones, a merchant and pastoralist.
In 1829 Jones had received 10,000 acres at Singleton in the Hunter Valley from where he established one of his finest vineyards in the Patrick Plains Shore at Sweetwater Creek off Old North Road. 
In 1844 from Jones’s first plantings, his vineyard produced a total of 2,000 gallons of wine. 
</body></html>

Rural Auction

Editor's Picks

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.

Rural Auction

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.