Glenburn Station for sale: 270 Break O’Day Road

Glenburn Station is back on the market after it sold in 2018. And its asking price has skyrocketed by $3 million.

Glenburn Station in the Yarra Valley is back on the market with an asking price of $9 million – $3 million more than its most recent price tag.

The 305ha landmark cattle farming property is being sold via expressions of interest for the second time in four years.

Property records show Glenburn Station sold in September 2018 after it was listed for sale in November 2017, with an asking price of $5.5 – $6 million.

The property, located near Yarra Glen, is the home to one of the district’s most well-known cattle studs and features a state of the art stud complex and cattle yards.

It also comprises of an architecturally designed four bedroom home set within a stunning a garden designed and created by Rick Eckersley and Barry Teese

The property, which incorporates four titles, is being marketed by Elders and expressions of interest will close on November 12.

Glenburn Station

It comes as a dryland farm on South Australia’s Eyre Peninsula, owned by the same family for four generations, has hit the market with an asking price of about $7400 per ha – equating to more than $7.3 million.

The 988ha property Telusa, in the tightly-held Cleve Hills, is being sold by Andrew and Rebecca Story.

The Story family have owned the property since the early 1900s when Andrew’s great-grandfather Martin Hannemann acquired the site from the government.

CBRE Agribusiness’s Phil Schell said Telusa is one of the larger cropping opportunities to have come to market in this region on the Eyre Peninsula in recent years.

“The property features the characteristics of a highly-productive broadacre cropping platform, benefiting from scale, operational efficiency, fertile soils, idyllic climate and a desirable location,” Mr Schell said.

Interest is expected to come from local landholders looking to expand their scale, farmers from other regions in South Australia as well as corporate groups.