Owned by the Dwyer family, ‘Aloma and Shamrock Hill’ near Bathurst in the central west of New South Wales has been sold.
When you hear real estate agents say it's a tightly held area, not many people expect to wait for one and a half centuries to get their hands on that farmland - but that was exactly the case for ‘Aloma and Shamrock Hill’.
The longevity of this property tells the story.
Located near Hobbys Yards in the Central Tablelands of NSW, this tightly held area is sought after for its reliable rainfall and quality soft grazing country. The property has been held continuously for 160 years but has now been passed on to the new owners to write the next chapter in the history of this property.
The privilege to write that next chapter came with a price tag of $9.4 million. According to Stewart Murphy from Ray White Emms Mooney in Bathurst, it was a huge sale.
“It was an excellent result for our vendor and a terrific opportunity for the purchaser,” he said.
“It was sold to an out of town grazier.”
‘Aloma and Shamrock Hill’ is 1732 acres and is subdivided into 86 paddocks over the two blocks. It’s nestled perfectly in the middle of Blayney, Bathurst and Orange.
Mr Murphy said the current owners chose to sell because the “line of succession had run out.”
It was a busy day for the office in Bathurst, with the Auction Centre selling six of seven properties on the day to total $36 million in successful sales.