Historic Hartwood Station in the Riverina sells for more than $12 million
Hartwood Station in the Riverina has sold for millions after it hit the market in spring last year.
THE historic Hartwood Station in the Riverina has sold for more than $12 million.
The Weekly Times can reveal the 6773ha property, at Conargo in NSW, has sold for more than $12 million after it was listed on the market in spring last year.
The property has been purchased by the Martin family from Barham.
Hartwood Station was advertised as $12 to $13 million and selling agent Shane McIntyre, the director of CBRE Agribusiness, said the sale was within the quote range.
“Hartwood Station has undergone a significant transformation with large scale irrigation infrastructure taking advantage of its unique position between the Yanco and Billabong Creeks,” Mr McIntyre said.
“This strategic development was carried out in harmony with the controlled grazing management requirements, preserving the creek frontages of the property, and areas of cultural significance.
“Hartwood Station is 6773ha in area, with 1340ha of lateral irrigation, 800ha of contour, and the balance of 4470 ha being suited to grazing and fattening.”
Hartwood Station was purchased by the Nature Conservation Trust of NSW in 2008, which, after significant conservation works and investment, sold the property in 2011 to Melbourne businessmen John Angove and Matt Truccolo.
Established in the 1840s, the property was historically used for sheep and cattle breeding but in more recent years has been converted to irrigation.
There is 1400ha under lateral irrigation, 700ha under contour irrigation, 170ha under border check irrigation and 1300ha is dryland farming.
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