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.

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.