Historic Doogallook, Terangaville and Eaglehawk farms for sale at Yea

Historic Doogallook, Terangaville and Eaglehawk farms for sale at Yea
Historic Doogallook, Terangaville and Eaglehawk farms for sale at Yea

A 3553-hectare rural property portfolio near Yea in Victoria's Goulburn Valley is being sold via expressions of interest.

The portfolio has market expectations of between $18 million and $20 million.

Terangaville, a 1702-hectare landholding with a 1920s renovated homestead, is the biggest with Eaglehawk on 1635 hectares.

Doogallook (above) is the smallest at 216 hectares, once part of a vast sheep and cattle farm owned by John Cotton, an English naturalist who came to Australia from London in the 1840s.

Doogallook was put up for sale in last year with a $4 million-plus price tag, but failed to sell at auction.

In February, Doogallook Pastoral Company was placed in the hands of receivers Stewart McCallum and John Lindholm of Ferrier Hodgson.

The property, located about one hour from Melbourne, last traded 22 years ago when bought by the French family.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Rural Portfolio Sale

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