Late media boss Sam Chisholm's Bundarbo Station for sale
Bundarbo Station, the cattle farm of the late media executive Sam Chisholm in the NSW Hilltops Region, has been listed for sale by the executors of his estate.
The farm is located at Jugiong, a small community on the Murrumbidgee River, north west of Canberra.
The next buyer of Bundarbo, which comprises 160 hectares of rich alluvial river flat land, will only be its third owners since the pioneer settlement.
The property was taken up in the 1840s by the well-known pastoral Osborne family, at that stage a holding of 65,000 acres, and was held in the family for 150 years until sold Sam Chisholm and wife, Sue.
It is home to Hazeldean blood commercial Angus breeding herd comprising around 1,110 Angus breeders.
Despite being predominantly a beef cattle breeding and fatteninig holding in recent times, Bundarbo Station has also been run as a successful Merino sheep and prime lamb breeding property.
Meares & Associates Sydney agent Chris Meares is handling the marketing with $30 million plus price guidance.
Meares said Chisholm had been a very keen supporter of rural Australia.
"Sam always believed that every successful Australian should invest back in to the rural sector," he said.
"The sale of Bundarbo will create huge interest both here in Australia and overseas," Meares suggested.
"Over the past two to three years in particularly we have seen an increase in focus on the rural sector and agribusiness projects," Meares says.
Meares noted that agriculture is now a global product and there has been strong interest in investment in the sector from both offshore and local operators.
"There remains to be an acute shortage of quality property for sale," Meares said.
"There is arguably no other property with the unique features of Bundarbo with its magnificent homestead and guest complex, nationally recognised gardens and a working property with size, scale and reputation – producing 1,000 plus cattle for sale annually."
Chisholm is best known for shaping the television industry landscape both locally and internationally, working at times for Kerry Packer and Rupert Murdoch.
This article was first published in the Saturday Telegraph.