The Bridge near Orange sells for $7.8 million

The Bridge near Orange sells for $7.8 million
The Bridge near Orange sells for $7.8 million

A 613 hectare farmmestate near Orange has sold for record $7.8 million to Sydney buyers.

Named The Bridge, the estate is a highly productive and pasture improved property 15 minutes from Orange, at Borenore.

It last traded at $3.26 million in 2006.

There was an auction campaign last October which was postponed.

It has double frontage to Boree Creek and its own spring fed creeks.

The 2009-built home spanning an internal area of over 550 sqm has five bedrooms and a home office.

The Bridge near Orange sells for .8 million

There's a solar heated salt water swimming pool and a tennis court on the property.

Two cottages sit on the parcel. One has three bedrooms and the other is tenanted.

There's a moden stable complex with four stalls, a tack room, and a feed room, as well as a machinery shed and a shearing shed, stables and cattle yards.

The property was destocked in February 2017.

Michael Wright at Peter Fisher Real Estate said the sale was above the expected $7 million price.

There were 16 bidders with several who bid over the $7 million mark.

Wright said he has 15 buyers looking for property in the Orange region.

 

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Tags: 
Rural Sale Orange

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