Sam Chisholm's Bundarbo Station at Jugiong has sold

Bundarbo Station, located near the village of Jugiong, on the south-west slopes of NSW. Photo: FILE
Bundarbo Station, located near the village of Jugiong, on the south-west slopes of NSW. Photo: FILE

The multi-million dollar rural estate of late media chief Sam Chisholm and his wife Sue has sold.

Bundarbo Station near Jugiong was owned by Mr Chisholm until his death in July 2018 and was expected to sell for upwards of $30 million.

The Tribune is unable to confirm whether the property of 2103 hectares met its expected price.

Meares and Associates Sydney agent Chris Meares conducted the private sale.

He was contacted by the Tribune for comment. However, a Meares and Associates employee said Mr Meares was away for a week and was the only person who could comment on the sale.

The Tribune understands the Kahlbetzer family, which owns Twynam Agricultural Group, has purchased the property.

Twynam Agricultural Group has been contacted for comment.

Employees of Bundarbo Station have been re-interviewed for their positions, a reliable source said.

Bundarbo Station, located near the village of Jugiong, on the south-west slopes of NSW. Photo: FILE

Bundarbo Station, located near the village of Jugiong, on the south-west slopes of NSW. Photo: FILE

The station is well-known for producing top-ranked Hazeldean Angus.

Bundarbo's carrying capacity is estimated at 20,000 to 24,000 DSEs.

The station was de-stocking 460 head of cattle at the South Eastern Livestock Exchange (SELX) in Yass on Thursday, September 19.

Agstock agent Sam Hunter declined to say whether there was a new owner, but said the station was de-stocking older cows and their calves.

Agstock agent Sam Hunter (front) sells 460 head of cattle on behalf of Bundarbo Station in Jugiong at the South Eastern Livestock Exchange. Photo: Hannah Sparks

Agstock agent Sam Hunter (front) sells 460 head of cattle on behalf of Bundarbo Station in Jugiong at the South Eastern Livestock Exchange. Photo: Hannah Sparks

The top pen of Angus cows sold for $2.47 per kilogram with an average weight of 650kg at the prime cattle sale.

The top pen of calves sold for $285 per head.

Mr Hunter said those numbers were comparable to the current market.

Agstock will be selling more of Bundarbo's cattle at SELX next Thursday, Mr Hunter said.

Angus cows from Bundarbo Station in Jugiong for sale at the South Eastern Livestock Exchange in Yass. Photo: Hannah Sparks

Angus cows from Bundarbo Station in Jugiong for sale at the South Eastern Livestock Exchange in Yass. Photo: Hannah Sparks

Only two other families have owned Bundarbo in 170 years.

Mr Chisholm bought Bundarbo for a reported $2.7m in 1995 from the Osborne pastoral family, whose successive generations had held the Murrumbidgee River-fronting property since 1847, as reported by The Land.

The original pise homestead, set in 20ha of riverside parkland incorporating an Edna Walling garden, has undergone extensive renovation and expansion over the past three years.

To the original four-bedroom homestead with its formal sitting room and separate dining room, the owners have added a billiard and games room and an open-plan commercial kitchen with dining area and sunroom.

Complementing the refurbished homestead are two new three-bedroom guest houses, a swimming pool, clay tennis court, three staff houses and five-bedroom quarters housing up to 30 guests.