One of the final pieces of Nathan Tinkler’s stud farm for sale

first_imgA STUD farm with fully kitted out veterinary “hospital” belonging to former Queensland billionaire Nathan Tinkler has come on the market. Multi-million dollar mansion market on fire in Brisbane End of apartment boom acting as handbrake on confidence SIGN up to receive all The Courier-Mail real estate news direct to your inbox One of the last pieces of his thoroughbred breeding business, Patinack Farm, the massive 579.8 hectare property is at 310 Richmond Grove Road, Sandy Hollow, in the Upper Hunter Valley.It was put up for expressions of interest by liquidators of Patinack Farm Holdings, Neil Cussen and David Mansfield of Deloitte. The pair were appointed to wind up the company on March 29 last year.Mr Tinkler bought the Upper Hunter Valley property for $4.6 million on August 18, 2008.According to the liquidators, the property was “the home of Patinack Farm” and was in “proven horse country that has reared multiple black type racing champions”. Horse yards at a Patinack Farm property in the NSW Hunter Valley. One of the tranches of properties that was part of the Patinack stable has come on the market. Picture: Dan HimbrechtsMore from newsMould, age, not enough to stop 17 bidders fighting for this home6 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor6 hours agoAmong the new stud facilities on the property was two state-of-the-art yearling barns with 43 stables, a foaling unit, vet hospital with six intensive car boxes, extensive post and rail fencing and serving barn.“No expense has been spared on the development of these improvements,” the liquidators said.“These facilities complement those constructed by the previous owners including vet barn, weaning barns, stallion complex, office and accommodation for up to 30 staff.”The stud farm was being marketed as “ideally used as a thoroughbred stud, or alternatively as a large irrigation or beef cattle property”.Most of the land was ”open and arable grazing country with a mixture of alluvial to sand loam soils”, with about 45 per cent of it “irrigable”.Expressions of interest for this site close at 5pm on May 4.Tranches of the Patinack Farm empire have gone on the market separately, including the $15m sale of four parcels in the Gold Coast hinterland to the Aquis Group two years ago – Wadham Park (33.64ha), Elysian Fields (56.97ha), Saravale (73.26ha) and Benobble (283.40ha).last_img read more