But buy­ers still keen to get prop­erty

The Northern Star - - FRONT PAGE - LIANA TURNER Liana.Turner@north­ern­

TWO in­ter­ested par­ties are cur­rently in ne­go­ti­a­tion for own­er­ship of an his­toric Lis­more prop­erty af­ter it was passed in at auc­tion on Satur­day.

Mon­al­trie Home­stead, built about 1861 and first owned by Lis­more’s founder Wil­liam Wil­son, was passed in af­ter bid­ding reached $710,000, fall­ing well short of its re­serve price of $1.2 mil­lion.

Ian Weir & Son Real Es­tate Agents’ Neil Short said there were five regis­tered bid­ders with three par­tic­i­pat­ing in the 70 to 80-strong crowd.

“Bid­ding started at $600,000 and went through to $710,000,” he said.

“I did not use a ven­dor’s bid, we passed the prop­erty in and have been in ne­go­ti­a­tion with two par­ties since.”

While Mr Short dis­closed one party was a near neigh­bour and the other from out of the area, he de­clined to give more de­tails.

How­ever, he said there was an­other buyer se­ri­ously in­ter­ested in ac­quir­ing the his­toric 39.58ha prop­erty.

“A third party who was un­able to at­tend the auc­tion is wait­ing in the wings,” he said.

Owner Myr­line Hens­ley and some of her chil­dren – in­clud­ing cur­rent res­i­dent Christo­pher Hens­ley – were present at the auc­tion.

Sisters Anne Williams, Gabrielle Hens­ley and Sue Hamil­ton said they had many fond mem­o­ries of life on the prop­erty, which their cat­tle­farm­ing grand­fa­ther bought al­most 60 years ago.

“It has been in the fam­ily since 1960,” Ms Williams said.

She said the pre­dom­i­nantly flood-free land, its prox­im­ity to Lis­more’s CBD and the stun­ning ru­ral out­look meant there was no short­age of pos­si­bil­i­ties for the block.

Photos: Marc Stapel­berg & Liana Turner

STILL ON THE MAR­KET: Christo­pher Hens­ley on the ve­randa of Mon­al­trie Home­stead, which his fam­ily put un­der the ham­mer at an on-site auc­tion (be­low) at the week­end. Built about 1861 and his fam­ily has owned the prop­erty for nearly 60 years.

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