Beaudesert up first as Nathan Tinkler's farms set for October auction

Beaudesert up first as Nathan Tinkler's farms set for October auction
Beaudesert up first as Nathan Tinkler's farms set for October auction

Nathan Tinkler’s 447-hectare Patinack Farm property in Beaudesert, Queensland has been listed for October 23 auction through LJ Hooker Surfers Paradise agent Cameron McPhie.

The property will be available in four portions, comprising Wadham Park, Elysium Fields, Sarahvale and Benoble.

The reported expectation ranged is from $18 million to $23 million in total. It comes with homestead plus 14 cottages.

Its carrying capacity is currently 400 Broodmares with 300 progeny and Stallions with scope to develop the carrying capacity to 2,500 horses.

Just a week later Tinkler’s two prized Hunter Valley farms, the 1338-hectare thoroughbred farm Richmond Grove in Sandy Hollow, and the 1398-hectare Tremayne mixed-use rural property in Broke, through Chris Meares of Meares & Associates.

Shelly Jurd of Jurd’s Real Estate is co-selling agent on the Tremayne farm. 

More than 500 breeding and racing thoroughbreds will be offered for sale in the meantime.

A reputed $130 million sale of the Patinack portfolio to Middle Eastern firm Cibola Capital in May did not proceed.

 

 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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