Tamworth trophy farm hits the market again

A historic 1870ha farm in NSW’s New England region has been relisted for sale with an eight-figure price tag, after it was not sold last year.

A trophy farm in NSW’s New England region has been relisted for sale about 18 months after it first hit the market.

NSW wool grower Alistair Yencken and rural communications specialist Robbie Sefton have relisted Braemar for sale, a 1870ha mixed farming property located 35km north of Tamworth.

Mr Yencken and Ms Sefton purchased Braemar in 2007, developing their sheep, wool and cropping enterprise during their tenure.

In 2022 the property was listed for sale where it was expected to receive offers worth more than $20 million, but it is back on the market with a guide of $17-$19 million.

It is understood a deal for the property fell over last year.

Inglis Rural Property chief executive rural property Sam Triggs is handling the sale alongside Melbourne-based Christie’s International Real Estate agents.

Mr Triggs said he was expecting the historic property to attract the interest of southern Australian buyers.

“Braemar is not only beautifully presented, it’s a high-yielding agricultural enterprise that represents genuine value for money, particularly when compared with similar sized properties in southern NSW and areas of Victoria,” Mr Triggs said.

Alistair Yencken and Robbie Sefton’s 1870ha Braemar property, near Tamworth, has been listed sale again.

“The current program includes approximately 15,000 dry sheep equivalent along with 300-400 hectares of dryland cash cropping annually.

“Considerable planning and investment has gone into the key infrastructure across the property, too, with fencing, internal roads and critical water security measures high priorities for the current owners.”

At the property, the wool and prime lamb operation is run in conjunction with cropping. About 50 per cent of the property was sewn to lucerne, canola and cereal cropping last year.

Ms Sefton and Mr Yencken have also planted about 12,500 native trees on their farming country, creating wildlife corridors for local fauna.

“We have always understood sustainability and biodiversity are integral to productive and

profitable farm businesses, so it’s just made sense to us to invest in that balance,” Mr Yencken said.

“As farmers, we appreciate just how important a healthy environment and sustainable farming practices are to establishing, and maintaining, an efficient and profitable business.”

A key aspect of Braemar is the four-bedroom, three-bathroom homestead which dates back to 1900.

The Braemar homestead is more than 120-years-old, built in 1900.

Refurbished in 2012, the homestead has maintained several original heritage features and has a large open-plan kitchen with butler’s pantry, study and three living areas inside.

A large wraparound bluestone veranda, pool and extensive parkland-style gardens surround the home.

Braemar is for sale via expressions of interest closing April 23.