Veteran broadcaster Alan Jones has sold his Southern Highlands farm after a seven-month sales campaign to a buyer who negotiated the deal on a walk-in, walk-out basis.
The sale price remains undisclosed by Inglis Rural Property’s Liam Griffiths, but it is understood to have sold for less than the initial hopes of $16 million to $17.5 million when it first hit the market in April this year. Inglis’s Liam Griffiths took over the listing in October with a $15 million to $16 million range.
The 27.5 hectare farm in Fitzroy Falls known as Elizabeth Farm and Charlieville has sold.Credit:
The walk-in, walk-out nature of the deal, whereby extras such as furniture are included in the sale, is expected to take the ultimate sale price to closer to $15 million, but with settlement for the property component at less than that.
The 27-hectare property is known as Elizabeth Farm and Charlieville in honour of Jones’ parents, although it was known as Sanford Orcas when the former 2GB presenter bought it for $2.6 million in 2003.
Jones commissioned a major redesign of the property that linked the two main residences by a central courtyard to create a 10-bedroom homestead he long shared with his niece Tonia Taylor and family.
Alan Jones is retaining his Circular Quay apartment.Credit:Janie Barrett
The 25-room homestead includes Jones’ own two-bedroom wing with formal and informal living and dining room, central living room and a home office. The Taylor family wing has eight bedrooms, a rumpus room and central living and dining room.
Jones is expected to maintain his Circular Quay apartment in “The Toaster” that he bought for $10.5 million in 2017, and last year bought a riverfront house in Southport on the Gold Coast for $12.25 million.
The Fitzroy Falls farm was most recently marketed on the back of its top equestrian facilities, but also came with a tennis court and pavilion that was built with Taylor and her tennis coach husband Justin in mind.
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