Springbank, Mel Gibson's former Victorian farm resold
Around $5 million has been paid for Springbank, a 328-hectare farm at Gundowring in Victoria's Kiewa Valley.
It was once owned by Hollywood star Mel Gibson. He lived at his north-eastern Victorian cattle farm with wife, Robyn in the mid-1980s, before buying and eventually relocating to Malibu.
The property is about 35 kilometres south-east of Albury-Wodonga at the foothills of Mount Beauty.
It was sold by Albert Park racehorse owner David Trevethan and wife, Christine through Kim McQueen, director of lifestyle estates at Colliers International.
The 1651 Gundowring Road property was run by Mel Gibson as a retreat where he ran Angus cattle. For much of its ownership the property was home to his father, Hutton Gibson, who lived a mud brick home on the holding that Mel Gibson bought for $237,500.
He sold a four-title holding to the Trevethans for $1.825 million in 2004.
The property now features a modern four-bedroom Clancy stone home, heated pool along with 22 grazing paddocks, a state-of-the-art horse agistment facility and 17 dams, plus cattle yards and sheds.
It had been on and off the market since 2012.
