This article is from the Australian Property Journal archive
RUSSELL Jones, former head of packaging company Amcor, has netted $25 million from the sale of the historic Chatsworth House in Victoria’s Western District.
Encompassing 2,400 hectare, 30 minutes from Hamilton, the sheep station and mansion is within a highly regarded district across cropping and fattening operators, and currently carries 12,000 composite ewes.
The 1858-built Victorian bluestone Chatsworth House homestead of 1,200 sqm was designed by architect James Fox for pastoralist John Moffat and is set among a garden with English and native trees.
The sale price was within expectations of selling agents CBRE, which sold the property after launching a campaign late in 2018. A sales campaign in 2015 was unsuccessful.
A Baronial hall with commercial kitchen and refurbished accommodation, stables, coach houses, manager’s residences and four cottages are also on the site, as are an 11 stand woolshed, experts room, shearing facilities, machinery and hay shedding, and workshop and office complex.
The property has grey and red sand loam soils that graze 300 steers twice annually, while canola, re wheat, white wheat barley and oats have all been grown successfully.
