Rich Land You Can Bank On

Newcastle Herald

Saturday August 11, 2007

By ALYSSON WATSON

THE Maitland horse and cattle

stud of the late honorary

Austrian consul-general and

founder of Swarovski Crystal, Luis

Hupfau, has gone on the market with

Jurd's Real Estate, Cessnock.

Listing agent Alan Jurd said the

substantial 173-hectare (428-acre)

Bunderra stud was superb grazing

land, but also presented an

outstanding capital growth

opportunity.

Currently on three titles and

zoned for subdivision into

40-hectare rural-residential lots, the

land was so close to Maitland that a

buyer might land-bank it pending

possible rezoning for smaller

residential lots, Mr Jurd said.

In the meantime, it would produce

an income from grazing 80 to 100

head of cattle, more if an irrigation

licence to the Hunter River was

taken up, Mr Jurd said.

Mr Hupfau's son Daniel Hupfau,

who now lives in Brisbane, said the

family was selling the estate as it

used it less frequently since Mr

Hupfau's death in 2000.

The property was developed over

time as a stud for the Haflinger

breed, an Austrian working horse

sold for showing and riding.

The main residence on the

property, built about 25 years ago,

has some Austrian features,

including carved ceilings.

It has four bedrooms, the main

with an ensuite including sauna and

spa, a cool room and cellar, tennis

court, pool and entertaining

pavilion.

There is also a two-bedroom

manager's residence and stable

complex.

The property has frontage to

Melville Ford road, Maitland Vale

Road and Dickenson Road.

Ranging from alluvial flats to

gentle ridges, it also has appealing

views.

Expressions of interest close on

September 5, with more than

$3 million expected, Mr Jurd said.

Horses to hair

STROUD hairdresser Julie Bashford

is selling her Booral horse property

to move into Maitland.

Ms Bashford?s 15-hectare (36-acre)

Kangara Park, at 2684 Booral Road,

Booral, is listed for $535,000 with

Webb Bros agent Rachel

Urselmann.

Ideally set up as a horse property, it

has quality outbuildings, dams and

new fencing, as well as a 30-year-old

brick and tile home, with recently

renovated swimming pool. The house

has three bedrooms, a combustion

fire and air-conditioning.

Ms Bashford said she had run up

to nine horses and eight head of

cattle on the property, which has

frontage to Booral Creek and

rainfall of about 1000 millimetres

(40 inches) a year.

It is mostly cleared pasture, with

some stands of natural bush.

'It's also a great party house, as

there are no neighbours nearby,' Ms

Bashford said.

Just south of Stroud, the property

is about a kilometre from Booral

village.

Listing agent Ms Urselmann said

Kangara Park was attracting

interest from horse people from as

far as Tamworth and Newcastle.

Its proximity to the Pacific

Highway makes commuting to

Newcastle feasible at just a

40-minute trip.

It is also 30 minutes from

Raymond Terrace.

Ms Bashford, who has lived on the

property for eight years and in the

area for several years before that,

said it had been a great place to

raise children, with easy riding to

nearby forest trails.

She is looking to establish a

hairdressing salon in Maitland.

© 2007 Newcastle Herald

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