<a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a> has received development approval for Archer &amp; Albert, a 32-storey, mixed-use residential development in the heart of Chatswood.

Located at 57–61 Archer Street and 34 Albert Avenue, <a href="https://www.apartments.com.au/new-apartments/archer-albert-chatswood-57-61-archer-street-chatswood-nsw-2067">Archer &amp; Albert</a> will deliver 150 new homes, including affordable housing, alongside ground-floor and podium retail, commercial space, a heritage house activated as a café, additional ground-level activation, and a landscaped publicly accessible park designed for community use.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/archer-albert-chatswood-57-61-archer-street-chatswood-nsw-2067">Archer &amp; Albert</a> is one of the few large-scale residential developments in the heart of Chatswood City to progress through a council-led architectural design competition and secure development approval, positioning it at the forefront of design led housing.&nbsp;

<img alt="Archer" data-entity-type="file" data-entity-uuid="33cb754a-1493-4203-bd16-096d320597f6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A%2BA_C03_EXT_StreetScape_ID1.jpg?VersionId=oLUPFVAMxuRUTH1Bwki16R48cEo.vLeB" />

Designed by global architecture practice <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, long-term collaborators of the Coronation team, the project draws inspiration from the Sydney Blue Gum High Forest and the leafy character of the South Chatswood Heritage Conservation Area. The design integrates a restored heritage-listed home and establishes a landscaped connection between Chatswood’s urban centre and its surrounding residential neighbourhoods.&nbsp;

“This is an important project for us and our first entry into the North Shore,” said Joe Nahas, Managing Director of &nbsp;Coronation Property.&nbsp;

“We are deliberate about where we invest and build, <a href="https://www.apartments.com.au/developments/chatswood-nsw-2067">Chatswood</a> stands out because the fundamentals are already strong. Transport, employment, education, retail and health are all in place. Archer &amp; Albert is about adding new housing into a centre that already works and building on what exists.”&nbsp;

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="620fcd78-00be-489b-823a-ca353387b91b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A%2BA_C04_EXT_PARK_HA_ID2.jpg?VersionId=NxSl04Zl1rzt94xlXNA6CNzSR9XMyLgP" />

Aras Labutis, Head of Urban Transformation at <a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a>, said the project reflects a disciplined, collaborative approach to city shaping.&nbsp;

“Chatswood sits at an important junction between high-density commercial activity and established residential &nbsp;neighbourhoods," Labutis said.

"Our focus for Archer &amp; Albert was to manage that transition carefully, respecting what’s already there &nbsp;while contributing something new that feels deliberate and enduring."

The approved scheme delivers:&nbsp;

<ul>
	<li>A 32-storey mixed-use tower comprising 150 homes, including 41 affordable housing dwellings • 530sqm of ground-floor retail, dining and commercial offerings&nbsp;</li>
	<li>A 760sqm wellness tenancy integrated within the podium&nbsp;</li>
	<li>A restored heritage building, thoughtfully reimagined as a café overlooking the park&nbsp;</li>
	<li>A landscaped public park, designed as a calm green retreat in the heart of Chatswood&nbsp;</li>
	<li>Resident amenities include a premium gym, golf simulator, mahjong room, dedicated wellness areas, private &nbsp;dining facilities and a curated wine room&nbsp;</li>
	<li>Deep private balconies designed to capture outlooks and northern light&nbsp;</li>
	<li>A refined material palette of natural stone, timber and terracotta&nbsp;</li>
</ul>

[smartcode_project_cta:default project_id=29796]

Joel Robinson

Coronation receives green light for Archer & Albert apartments in Chatswood

Leading Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a>, in partnership with Metrics Credit Partners, has officially broken ground on its landmark $1.8 billion Kings Bay Village project in <a href="https://www.apartments.com.au/developments/five-dock-nsw-2046">Five Dock</a>, marking the beginning of construction on one of the most significant urban renewal precincts within the Parramatta Road Corridor.

A sod-turning ceremony was held at the project site on Parramatta Road, with NSW Premier Chris Minns and NSW Planning Minister Paul Scully joining Deicorp Chairman Fouad Deiri OAM and Metrics CEO and Managing Partner Andrew Lockhart, to mark the significant milestone.

Located at 129-154 Parramatta Road, <a href="https://www.apartments.com.au/new-apartments/kings-bay-village-five-dock-53-75-queens-road-five-dock-nsw-2046">Kings Bay Village</a> will transform more than three hectares of underutilised land into a highly connected new neighbourhood comprising 1,185 homes, including 218 affordable dwellings for essential workers, alongside new retail, commercial, and community spaces.

[smartcode_project:default project_id=146120 project_image_fid=356895]

Designed by award-winning architects <a href="https://www.apartments.com.au/architects/turner-studio">TURNER</a>, the precinct blends crafted brick architecture with a pedestrian-focused urban layout across six buildings of varying scale. The project will deliver 14,700sqm of retail and commercial space, 6,500sqm of public open space, and a new 2,290sqm landscaped park and civic plaza that will form the social heart of the community.

Kings Bay Village is positioned minutes from the future Five Dock Metro Station, supporting the NSW Government and City of Canada Bay Council’s shared ambition for a more connected, liveable and revitalised Parramatta Road Corridor. Deicorp will also contribute more than $80 million towards new and upgraded local infrastructure, including pedestrian laneways, an activated streetscape and significant public domain works.

Fouad Deiri OAM, Chairman of Deicorp, said Kings Bay Village represents a defining opportunity for Sydney’s Inner West.

&nbsp;“Today marks the beginning of a precinct that will deliver lasting benefits for the Five Dock community - new homes, new open spaces, and a vibrant mixed-use environment that brings people closer to transport, services and amenities,"&nbsp;Deiri says.

“We are proud to be delivering much-needed housing, including affordable homes for essential workers, in partnership with the NSW Government and the City of Canada Bay. Kings Bay Village is urban renewal at its best - thoughtful, connected and community-focused.”

[smartcode_project:default project_id=146120 project_image_fid=356894]

Metrics CEO and Managing Partner Andrew Lockhart said the company is proud to support more housing and infrastructure in a key Sydney corridor. 
&nbsp; 
“Metrics and Deicorp share a proven track record of delivering high-impact projects that align closely with the NSW Government’s housing and infrastructure priorities. Kings Bay Village marks our most significant Sydney development to date, offering quality homes, essential infrastructure, and dynamic public spaces.” 
&nbsp; 
“This project reflects our ongoing commitment to creating value by supporting economic growth, job creation, and delivering excellent outcomes for our investors,” he said.

With Kings Bay Village now underway, Deicorp’s pipeline of apartments under construction across Sydney has increased to 5,102. Kings Bay Village is scheduled for completion in Q2 of 2029.

[smartcode_project_cta:default project_id=146120]

NSW Premier and Planning Minister join Deicorp and Metrics to break ground on $1.8 billion Kings Bay Village precinct

When Antoinette Chan and her architect husband, Peter began casually searching for an investment property, they weren’t expecting it to evolve into a life-changing family decision.

But one visit to the display suite of <a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>’s <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-1-11-rodborough-avenue-crows-nest-nsw-2065">KOYO</a> development in Crows Nest changed everything, and sparked a remarkable story of three generations choosing to live side by side in one of the suburb's most architecturally-striking new developments.

Antoinette, her mother Janet Khoo, and her sister, who is currently living in Singapore, each purchased an apartment in the same building, creating a rare and meaningful multi-generational living arrangement underpinned by modern design, community values, and premium convenience.

[smartcode_project:default project_id=108800 project_image_fid=356083]

“It wasn’t planned,” says Antoinette, who purchased a three-bedroom garden apartment with her husband and teenage daughter. “Peter came across KOYO and encouraged me to visit because he had a lot of respect for Abadeen’s previous work. As soon as we saw it, we knew it wasn’t just an investment, this was a home.”

Shortly after, Antoinette suggested her mother, Janet Khoo, take a look at the same development. A long-time inner-city resident who had recently sold her property in The Rocks, Janet had experienced some health setbacks and was contemplating a move closer to her daughter.

“I walked into the display apartment, and it just felt right,” says Janet. “I didn’t look anywhere else. The space, the simplicity of the design, the light, everything gave me a sense of peace. It’s a new beginning, but it also feels like home.”

[smartcode_project:default project_id=108800 project_image_fid=356093]

In a stroke of serendipity, Janet selected the two-bedroom apartment next door to her daughter, completely unaware of Antoinette’s purchase. Around the same time, Antoinette’s sister, who resides in Singapore, viewed the property via a virtual tour and chose to buy the apartment directly above Janet’s.

“We were all drawn to KOYO individually, and it just happened that our homes ended up vertically stacked, ground, first, and second floor,” Antoinette laughs. “It was a coincidence, but also a sign. This is where we’re meant to be.”

Designed by celebrated architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, KOYO delivered on all fronts for the Chan-Khoo family.

“Our garden apartment gives us the feel of a standalone home but with none of the maintenance,” says Antoinette. “All three bedrooms open onto a generous private garden, which is perfect for our dog Archie, and for entertaining. The open-plan layout and high ceilings make it feel airy, calm and luxurious.”

[smartcode_project:default project_id=108800 project_image_fid=356092]

For Janet, security and accessibility were top priorities, and KOYO offered the ideal balance.

“At my age, I didn’t want to be climbing stairs,” she explains. “The first-floor apartment opens directly to the garden, and the building is small, which gives it a more personal, village-like feel. Yet I’m just steps away from my daughter and granddaughter. That gives me so much peace of mind.”

The family also appreciated the thoughtful amenities that avoided the excesses of some larger developments.

“We didn’t want a complex with too many facilities we wouldn’t use,” explains Antoinette. “KOYO has everything we need, generous storage, secure parking, beautifully landscaped walkways, and a stunning rooftop terrace with BBQ facilities that feels serene rather than busy.”

[smartcode_project:default project_id=108800 project_image_fid=355428]

The location was another critical factor in the family’s decision. Though they had always lived closer to Sydney’s eastern suburbs, Antoinette says the transformation of Crows Nest was a revelation.

“When we returned from living overseas, we discovered Crows Nest had become this vibrant, walkable hub,” she says. “We love being able to stroll to cafés, restaurants, and shops on Willoughby Road. The new Metro makes the commute into the CBD effortless, and our daughter can walk to her school, it’s just next door."

Janet agree. “I was worried about giving up my inner-city lifestyle, but I’ve fallen in love with this area. It has everything I need, supermarkets, quiet streets, friendly faces, and it’s all a short walk away. I feel safe, independent, and connected.”

[smartcode_project:default project_id=108800 project_image_fid=356085]

While design and location were important, the family also credits their decision to Abadeen’s reputation and responsiveness. With decades of experience delivering high-quality residential projects, Abadeen’s track record helped build trust during a volatile market period.

“The waiting game was tough, especially after selling my old apartment,” says Janet. “But the Abadeen team kept me updated every step of the way. They were professional, courteous, and transparent.”

Antoinette said Peter works in property and had already heard of Abadeen. "The quality of their work really impressed us, and as the project neared completion, they went above and beyond to keep us informed and supported. That level of communication is rare.”

Only a handful of three-bedroom residences remain for sale, priced from $3.5 million.

[smartcode_project_cta:default project_id=108800]

Three generations, one address: How a family found sanctuary and connection at Abadeen's KOYO in Crows Nest

Sydney-based developer Gold Partners Australia is making its move on the Gold Coast, launching what is one of the most affordable towers to the booming Broadbeach market.

Its <a href="https://www.apartments.com.au/new-apartments/harmony-on-broadbeach-2797-gold-coast-highway-broadbeach-qld-4218">Harmony on Broadbeach</a> project, just 400m from the beach, has prices starting from $975,000 for its two-bedroom apartments that measure nearly 90 sqm internally.

[smartcode_project:default project_id=113098 project_image_fid=355607]

There will be 113 two- and three-bedroom apartments spread out across the 33-storey tower on the 1,201 sqm site that will front First Avenue. Gold Partners Australia, which has delivered several major projects in Sydney's Norwest and has an active pipeline with projects in Hornsby and Carlingford, secured the block vacant, and want to start preliminary site works early next year through their in-house construction capability.

DBI Architects designed the tower with a four-level podium which will have an open-air swimming pool, sun deck, outdoor lounges, alfresco dining spaces, and a gym with adjoining yoga lawn. A hospitality venue will anchor the building at street level.

[smartcode_project:default project_id=113098 project_image_fid=355611]

Olympus Property Group is selling Harmony on Broadbeach on behalf of Gold Partners Australia. Olympus Director Deanna Lockett says the project is resonating with everyone from locals, investors, those moving from interstate, and second home buyers from Brisbane.

"There's been nothing new come to the market in Broadbeach at this price point for nearly a year," Lockett recalls. "It hits the sweet spot of affordability, good sized apartments, in a great location."

Construction will commence in Q2 2026, and wrap up, all going well, by the end of 2028.

[smartcode_project_cta:default project_id=113098]

Harmony on Broadbeach launches to booming Gold Coast suburb

Display apartments play a crucial role in helping buyers imagine how a space will look and feel once complete.

At <a href="https://www.apartments.com.au/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne-vic-3004">The Albertine</a> in Melbourne, development giant Mirvac has partnered with furniture maker and retailer MCM House to create a fully furnished, full-scale prototype that showcases the proportions, finishes, and design intent of the project’s three-bedroom residences.

As an added incentive, purchasers of any two- or three-bedroom apartment can receive up to $50,000 worth of MCM House furniture, allowing them to curate their new home with the same craftsmanship, contemporary design, and aesthetic showcased in the display apartment.

<a data-entity-type="file" data-entity-uuid="ae2e947b-2d51-4288-88fa-a35638e3be0f" href="https://www.apartments.com.au/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne-vic-3004"><img alt="Albertine" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-25%20at%209.27.26%E2%80%AFAM_1.png?VersionId=T5uSwgtTFwd1m5EdQF1inB.tBDgxqbtZ" /></a>

Oversized sofas, solid timber dining tables, and relaxed, low-profile seating demonstrate how the space accommodates real furniture, helping buyers clearly visualise how their new apartment could look, complete with pieces that genuinely suit the scale and design of the home.

The styling is simple but deliberate, with materials that pick up on the apartment’s natural light and neutral tones, creating cohesion without crowding the space.

<a data-entity-type="file" data-entity-uuid="355f10d8-ee75-4546-a42e-4a54abcc806e" href="https://www.apartments.com.au/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne-vic-3004"><img alt="Albertine" data-entity-type="file" data-entity-uuid="3e0b920b-3f17-47f0-8885-f67697a5f842" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-25%20at%201.17.07%E2%80%AFPM.png?VersionId=tPcmBls5kt_SLqE2ONXrxgk5SnC1xERs" /></a>

Mirvac is now welcoming buyers through the display at The Albertine. Quietly yet conveniently positioned just off St Kilda Road on Queens Road, the development has attracted strong interest from inner-Melbourne and Bayside downsizers, professional couples seeking luxurious low-maintenance living, and design-focused buyers who want proximity to the CBD.

Apartments have been designed by Mirvac's inhouse design team with owner-occupiers at the forefront.&nbsp;The living and dining areas open directly onto a balcony, reinforcing the project’s emphasis on indoor-outdoor flow, while kitchens feature integrated appliances and soft-curve cabinetry which mirror the larger architectural themes at play throughout the building.

<a data-entity-type="file" data-entity-uuid="e8f9b371-17e1-4122-a615-074113096135" href="https://www.apartments.com.au/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne-vic-3004"><img alt="Albertine" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-25%20at%209.30.16%E2%80%AFAM.png?VersionId=NCYvtMavnE1_YDhX6slAr7g84MWP0Ymp" /></a>

The Albertine offers one to four-bedroom residences complemented by exclusive resident-only amenity, including The Circadian Club, a wellness centre with an indoor pool and spa, gym, yoga and Pilates studio, and sauna, as well as The Elysian Room, a private dining space on level 10 with sweeping views across Melbourne.

Mirvac will welcome residents to The Albertine in 2026, having recently celebrated topping out the&nbsp;

<a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a>&nbsp;recently topped out&nbsp; the topping out of The Albertine, with completion expected in 2026.

To find out more about the generous furniture offer with MCM House, enquire below.

[smartcode_project_cta:default project_id=138659]

Mirvac unveils The Albertine display, offering up to $50k in MCM House furniture

Rural Sale

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A new four lot subdivision of the Shambara farm property, located midway between Benalla and Wangaratta, has come onto the market.
The four lots all with a frontage to the Old Greta Road are respectively – Lot 1 of 68.7 ha, or 170 acres, Lot 2 of 72.8 ha or 180 acres, Lot 3 of 44.5 ha or 110 acres and Lot 4 of 58.6 ha or 145 acres.
The four lots are for private sale through Elders Real Estate’s north east district agent Michael Everard.
The property on the old Greta Road at Lurg is part of the larger Shambara farm property and has been held by the vendor family for over twenty-five years.
Each of the four blocks has some internal division of post and wire fencing.
Most of the lots include paddock or catchment dams, most having been recently cleaned out, while the local average annual rainfall is 700mm with access likely to be available to substantial as yet untested groundwater potential.
Each lot holds a long single frontage to the old Greta Road with good access from the Hume Freeway at the Winton interchange with a bitumen road most of the way to these lots.
Selling agent Michael Everard says that the local district is a prominent rural living area with properties that adjoin these four lots being largely smaller acreage residential holdings with typical sizes of 40 hectares (or say 100 acres).
“There are multiple choices for an attractive home site on each landform with power available to within about 200 metres of the existing road boundary.
“This subdivision which has been created from a long held family farm presents an exceptional opportunity to secure attractive and productive land that is ideally suited to create a preferred rural living retreat,” Mr Everard says.
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wdavis-8cCN98p7xp

Shambara farm subdivided plots come onto market

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Wollogorang and Wentworth stations, the renowned 705,000 hectare cattle station on the Northern Territory/Queensland border has been sold. 
The McMillan family from Queensland bought the cattle station for $53 million from Chinese Billionaire Xingfa Ma. 
Bordering the Gulf of Carpentaria, the property comprises 576,000 hectare Wollogorang Station and 129,000 hectare Wentworth Station. 
The property can be reached by air from Cloncurry or Mt Isa, as well as accessed via the road network.
<img src="https://www.urban.com.au/images/2020/5/4/Wollogorang%20and%20Wentworth%20Stations%202.jpeg" alt="">
The properties’ natural attributes include reliable rainfall, with additional water sources including large creeks and seasonal lagoons.
There has been upgrades to the property's infrastructure including the installation of Lorentz solar bore pumps.
The main homestead comes with five bedrooms with contemporary features such as a cinema room.
<img src="https://www.urban.com.au/images/2020/5/4/Wollogorang%20and%20Wentworth%20Stations%201.jpeg" alt="">
Mr Ma is one of the richest businessmen in China. He paid around $47 million in 2017 for the cattle station.  
The McMillan Pastoral Company is run by the large McMillan clan, which manages cattle across several properties in North West Queensland.
The property was sold by Bruce Douglas from Ray White Rural Queensland. 
 
https://www.propertyobserver.com.au/finding/location/rural/103879-wollogorang-and-wentworth-nt-cattle-stations-for-sale.html
https://www.abc.net.au/news/rural/2020-05-01/queensland-mcmillan-family-buys-wollogorang-and-wentworth-$53m/12102478
 
A Queensland family has bought a large cattle station on the Northern Territory/Queensland border from a Chinese billionaire for $53 million.
On Tuesday, the McMillan Pastoral Company settled a deal to buy Wollogorang and Wentworth Stations — which are run as one property straddling the border on the Gulf of Carpentaria — according to documents from the NT Land Titles Office.
The 700,000 hectare aggregation, which includes around 80 kilometres of coastline, was sold walk-in-walk out with around 27,000 head of cattle.
The properties were bought from one of the richest businessmen in China, Xingfa Ma, who owns a ball bearing manufacturing company, alongside beef and wine properties in Western Australia.
Mr Ma's company TBG Agri Holdings had owned Wollogorang and Wentworth since 2015, <a class="_2HoMm _31PBK _34Pu4" href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/rural/2015-07-16/chinese-billionaire-xingfa-ma-buys-nt-wollogorang-station/6623806" data-component="ContentLink">for which he paid around $47 million.</a>
The McMillan Pastoral Company is run by the large McMillan clan, which manages cattle across several properties in the Cloncurry region of North West Queensland.
Calvert Hills Station, which borders Wollogorang on its eastern boundary, was bought by the <a class="_2HoMm _31PBK _34Pu4" href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/rural/rural-news/2013-07-08/calvert-hills-sale/4808906" data-component="ContentLink">McMillans in 2013 for $15 million.</a>
<h2 class="_1LI2A _3_H8z SelAj _1t9H3 ZPXNE lxkD- mSYxO age8P" data-component="Heading">Properties suited to domestic and live export trade</h2>
Herron Todd White land valuer, Frank Peacocke, said Wollogorang and Wentworth would fit in well with the McMillans' other properties.
"They will likely use Wollogorang as a big breeder joint and they will be turning off their younger cattle down to Cloncurry to grow them out and fatten them up," he said.
"The cattle could go into the domestic market or onto the boats through Townsville.
"It's actually closer to Darwin, so they could [send cattle] that way also. They've got a few options."
The quick turnaround in ownership for such a large property is quite rare for the Northern Territory pastoral industry.
Mr Peacocke said the growth in pastoral value since 2015 was not reflected in the sale price.
"It was only four years, but in those four years there has been very strong growth in the pastoral asset space, [of] easily 30 per cent growth over that period," he said.
"[The previous owner] spent over $7 million on Wollogorang and Wentworth over that period, so add that onto the sale price [of $47 million], and if you did expect 30 per cent growth, this sale certainly doesn't show it.
"I think the McMillans have bought reasonably well."
<h2 class="_1LI2A _3_H8z SelAj _1t9H3 ZPXNE lxkD- mSYxO age8P" data-component="Heading">Chinese billionaire 'refocusing' investments</h2>
Speaking to ABC Rural in August last year after the station was put on the market, managing director of TBG Agri Holdings, Andrew Blythe, said the station had been "a great property" for the company, but it was looking to "refocus" its investments.
"We're focussing back on our investments in Western Australia," he said.
"We've got Emu Downs north of Perth and Balfour in the Pilbara.
"So we're focussing on those operations and developing a boxed-meat product for China for our shareholders."
Mr Blythe said the company had invested around $7 million into the property, including a major fencing project, upgrades to the homestead area and watering points.
"And we spent a lot of money on genetics for the property," he said.
"A lot of the herd was a mix when we bought it, but it's now pretty much 100 per cent Brahman bloodline."
The McMillan family declined to comment on the sale.
 
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j.ballantyne1990-6AQqhLzZaK

McMillan family buys Wollogorang and Wentworth Stations 

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Demand for agricultural property is up, Ray White found with Brymay at Lot 8 Tumut Plains Road, Tumut, NSW the latest example.
The holding attracted 11 registered bidders and sold for $185,000 over reserve at online auction.
It was a competitive auction seeing 34 bids before finally selling for $785,000.
"I've been in the real estate game for 21 years and I can honestly say the last week has been the second busiest in terms of sales that I've ever had," said Ray White Tumut Principal Ray Piper.
"Agricultural land is becoming more and more popular, and even though this property wasn't presented as the best, buyers could see beyond the mess because of the potential and the fact it's in a high rainfall area.
"Despite the restrictions and limited access to the property, we still attracted 21 people to private inspections, and over half of them registered to bid.
"The auctioneer Alex Pattaro was excellent because he took the time to sit down and take us through how the online auction platform worked.
"We logged on as the whole team one evening to run a mock auction so we really understood the process and could ask/answer any questions ahead of the auction.
"It's a great tool for future business and our office actually sold two from two today using the online auction platform."
Ray White NSW Chief Auctioneer Alex Pattaro (above) said this was an excellent result and there was a sense of growing positivity around online auctions.
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Brymay, Tumut agricultural holding sold 30% over reserve at online auction

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An avocado orchard on NSW's mid-North coast has been listed.
The property is located at lot 4 Perrett Lane in Fishermans Reach.
It comprises 246500 square metres.
It fronts onto the coastal entrance of the Macleay River.
It has roughly 5,900 productive avocado trees.
It also features a 276 million litre irrigation licence on title, with fully integrated irrigation and fertigation systems.
Macksville is 29 kilometres from the property, while Port Macquarie and Coffs Harbour are both an hour away by by car.
David Nolan, from Webster Nolan Real Estate, listed the property.
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jonathanchancellor-7SQnKwU6yx

Fishermans Reach avocado orchard listed as smashing investment 

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A historic Monaro grazing and farming property, held by the same family for five generations, has sold for $4,630,000.
Known as Curry Flat, it is located on Springfield Road, south of Nimmitabel. 
<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/2019/11/4/CURRY%20FLAT%204.jpg" alt="">
The property comprises of roughly 3,118 acres. 
It features a five-bedroom homestead, and an original two-bedroom cottage. 
<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/2019/11/4/CURRY%20FLAT%202.jpg" alt="">
Securely fenced into 20 paddocks and a central laneway, it also includes a five-stand shearing shed and yards, cattle yards, machinery storage, a hay shed, two creeks, bore &amp; livestock troughs, ten dams, and an aircraft hanger. 
<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/2019/11/4/CURRY%20FLAT%203.jpg" alt="">
The home was owned by the Jardine family for five generations, before being sold in 207 for $830,272 - One fifth of its recent sale price. 
David Nolan, from Webster Nolan Real Estate, listed the property.
 
 
 
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Curry Flat, historic Monaro NSW grazing property sells for $4.63 million 

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Woolgars Nest, a Mary Valley grazing property has sold under the auctioneer's gavel for $3.4 million.
The brand new home built in 2018 sits on a 162 hectare plot.
It is comprised of three bedrooms, two bathrooms, a two car garage and is 20 minutes from Gympie.
Jez McNamara and Jason Mattiazzi of Ray White Rural Queensland successfully marketed the listing.
<img src="https://www.urban.com.au/images/2019/9/20/Woolgars%201.JPG" alt="">
Featuring multiple sheds, the property is sown to improved pastures which include Rhodes, Chicory, Lucerne, Plantain, Medic, Burgundy Bean, Millet, Lablab, Red and White Clover, Vetch and Legumes.
The holding is host to fertile scrub soils with sandy loam creek flats, 77 cell grazing paddock all with access to water troughs and laneways to yards, established cattle yards in excellent condition with a loading ramp.
It also has a 7 hectare irrigation licence from Pie Creek and is fully fenced with barb and electric fencing all in excellent condition.
The agents said it was a great sale given the current market and tight environmental conditions.
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Mary Valley's Woolgar Nest sold at auction for $3.4 million

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A renovated three bedroom home on Phillip Island with 68 acre parcel of land recently sold for $1,835,000.
The rural property was listed by Mike Foenander from OBrien Real Estate - Judith Wright. 
The renovated house at <a href="https://www.realestate.com.au/sold/property-house-vic-ventnor-130793614" target="_blank">511 Ventnor Road, Ventnor </a>comprises three bedrooms, two living areas and sun drenched decks with rural and native bush views. 
<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/2019/6/20/ventnor%202.jpg" alt="">
Other features of the property include five main paddocks, town water, three dams, historical kiln, and approved plans for a second dwelling.
It has been leased to two businesses with a renowned local following, Island Primary Produce – a paddock to plate butcher shop and The Store – a café offering light meals, coffee and regional produce.
<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/2019/6/20/ventnor%203.jpg" alt="">
Two long-term leases generate an income of $600,000 per annum. 
The property last sold in 1992 for $325,000. 
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Phillip Island property with farm, butcher shop and cafe sells for $1,835,000

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Alloway Bank, the historic NSW Bathurst district estate of the colonial ­customs collector, Captain John Piper, has been sold.
After spending just short of three years on the market, the property fetched $2.15 million, within its steadfast guide of $1,995,000 to $2.4 million.
It was sold by Century 21 Bathurst agent Tom ­Clyburn, who took on the listing earlier this year.
The buyers are a family from Bondi Junction whose forebears, George (pictured) and William Suttor, were the second owners of the Eglinton residence.
The house, rebuilt in the 1870s with Flemish bond brickwork, sits on 11 hectares.
Its European settlement dates back to an 1827 land grant from Governor Thomas Brisbane to Piper who relocated to the farm after losing the Point Piper harbourfront, Henrietta Villa.
After the 1838 drought, the wool slump and 1840s depression, Piper was also forced to sell Alloway Bank to the pastoral Suttor family in 1845. It last sold in 1995 for $580,000.
This article was first published in the Sunday Telegraph. 
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Alloway Bank, Bathurst sells after nearly three years on the market

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Ceres Agricultural Company has gone into administration.
The administrators are Philip Campbell-Wilson and Said Jahani from Grant Thornton.
In a statement published by the Beef Central website, the administrators said Ceres Agricultural Company operated one of Australia’s largest integrated cattle-finishing and cropping enterprises.
<div id="mobile_ad_3" class="mobile-ad">It said the company operated from leased properties at Oberon and Warialda.</div>
“While it is too early to confirm the factors which contributed to the need for the company to appoint administrators, it is understood that the company had been experiencing working capital/cash flow issues in recent months,” Mr Campbell-Wilson said.
“The drought, which has no doubt had an impact on many farmers, has had an effect on the company.”
The cost of expensive grain has made it very difficult for farmers facing a drought that has been going harder and longer and wider than anyone thought.
Campbell-Wilson said animal welfare was a key priority during the administration process.
“We are finalising arrangements in regards to the remaining 10,000 head of cattle on site which will enable the orderly finishing process for those cattle.”
Campbell-Wilson said the company being in administration would result in further redundancies, following a number of employees having been made redundant in recent months as the business has scaled back. 
“We are mindful that the closure of the company will have an impact not only on employees but on the local communities and businesses that were supported by the company.
“Our aim is to make the administration process as smooth as possible for employees and stakeholders, and to provide support and certainty around next steps."
The farmland is owned by separate corporate entities, with the administrators confirming their appointment did not extend to any related party entities.
The first meeting of creditors will be held on 9 April.
According to the Australian Securities and Investment Commission, Ceres Agricultural Company’s directors are Vaucluse resident Garrick Hawkins and Singapore residents John Sheehy and Michael Sweeney.
<div id="mobile_ad_2" class="mobile-ad">Ceres is fully owned by Pegala Pty Ltd, who registered address is home to the Hawkins family’s showcase Mayfield Gardens.</div>
Sources have said Mr Hawkins intended to retain involvement with the Ceres’ Oberon properties, Mayfield and Ballyroe.
Ceres recently sold the 9000-hectare Brudle Park cropping aggregation (top) north of Moree for around $50 million.
Macquarie-backed Viridis Ag secured the cropping aggregation on the Newell Highway north of Moree.
The sale of the Brudle Park aggregation, which comprises the four properties of Brudle Park, Oaklands, Braden and Yileena, was the first major divestment by Ceres Ag since the business was put up for sale two years ago with a $200 million price tag.
Ceres Agriculture was established in 2012 when cropping and beef enterprise Pegela Pastoral Company received the backing of Singapore-based fund manager Duxton Asset Management in a deal put together by Mark Mason and Garrick Hawkins.
<div id="mobile_ad_1" class="mobile-ad">Ceres Agricultural Co’s other asset in northern New South Wales is Gunyerwarildi, which includes a feedlot and large-scale cropping operation at Warialda, east of Moree.</div>
“Brudle Park sold walk-in walk-out, and it settles next week. Contracts have been exchanged unconditionally,” CBRE agent Richard Royle said last week.
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Drought tips Ceres Agriculture into administration

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A South Korean corporation has secured, Warragundi Aggregation, some 5,800 hectares of rural land on the banks of the Cudgegong River in the Mudgee region of New South Wales. 
The mixed enterprise property, which consists of cattle and sheep, sold between $20 million and $25 million.
It was bought on a walk in walk out basis. The South Korean buyers intend to operate the farm in its current structure and will retain the existing staff.
The Foreign Investment Review Board approved the transaction through CBRE Agribusiness agent Richard Royle, who negotiated the sale with Logical Livestock's Simon McKittrick.
“I believe the buyers are looking forward to getting to know the region further and working with local businesses,: Royle said on the sale.
"They were attracted to the region for its diversity in agriculture, wine and growing tourism.
'Buying a farm, especially in a foreign country, has its complexities but by purchasing the aggregation as a going concern will ensure they can operate commercially while applying their own strategies as they progress.”
The property sits near the township of Gulgong, around 25 minutes to Mudgee. 
The aggregation offers water access and fodder crops that have maintained a core breeding herd during dry periods. The aggregation includes a range of pastures, including chicory, cocksfoot, fescue, phalaris, ryegrass and clover mix.
Royle says the sale price reflects the strong rural market in NSW despite the dry conditions.
"The vendor and purchaser wish for confidentiality, but I can say that the sale price was in-line with agent and vendor price guide during the marketing campaign which was circa $20-$25million. 
The vendors John and Sandra Harding will now concentrate on their horse breeding and Mudgee Machinery business.” 
 
 
 
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