Bunn family list Coreena, Binya for sale at Eurogilly Valley
An Australian athlete who competed at both Sydney and Athens Olympics and her family are selling their 2029ha NSW property.
A former Olympian and her family have listed their 2029ha NSW South West Slopes property in the Eurongilly Valley for sale, following 30 years of ownership
The Bunn family, including Olivia Skellern (nee Bunn), are selling two properties, Coreena (1782ha) and neighbouring Binya (247ha), spread across 51 titles.
About 95 per cent of the aggregation is considered arable producing high yielding winter crops in addition to carrying 5500 merino ewes as part of the Bunn family’s farming ventures.
Owner Olivia Skellern is a renowned equestrian and eventing athlete, representing Australia at the Sydney 2000 and Athens 2004 Olympics.
Mrs Skellern is also a two-time Australian world championship representative and a world cup finalist, finishing in the top ten in the world on multiple occasions in Three Day Eventing Equestrian.
Following the end of equestrian career, the dual Olympian is now a significant part of her family farming enterprises which includes wine grape production, broadacre grain farming, meat and wool production.
Regarding the sale of Coreena and Binya, Mrs Skellern said there was scope for the inclusion of their high-quality Merino ewes in the sale, along with comprehensive flock records. Approximately 500 first cross ewes could also be considered in the sale.
“All the ewes are fitted with EIDs and we have a wealth of flock measurement and performance data on all our sheep,” she said.
“Regional Local Land Services officers advised us on planting 27,000 native trees of various species on hilltops across the properties, which could be used in the future to link wildlife corridors and secure biodiversity and carbon credits.”
LAWD senior director Danny Thomas said the aggregation of Coreena and Binya presented a rare find in a tightly held, highly productive region, with value expected in the $19,700 a hectare ($8000 an acre) range, equating to about $40 million in total.
“We expect strong interest from existing landholders seeking expansion opportunities, domestic and international corporate farming groups or institutional investors, or high-net worth individuals seeking a blue ribbon rural showpiece,” Mr Thomas said.
Water security is considered a feature, with water provided from several sources including groundwater bores as well as access to the Goldenfields mains water scheme, numerous catchment dams and frontage to the Mitta Mitta Creek.
Groundwater is sourced from the Lachlan Fold Belt, Murray Darling Basin and is pumped to a large header tank on a ridge line at the centre of the property, which is then gravity-fed throughout the property.
Existing infrastructure includes a six-stand shearing shed which features modern undercover sheep yards with capacity for 2000
head and adjoining containment yards. There is also a stable complex equipped with a rail yard and dressage arena.
A newly constructed 1300 sqm machinery shed and workshop stands, along with steel cattle yards, three hay sheds and grain storage of 1150 tonnes support operations across both properties.