The 2654-hectare Conara property Vaucluse has been sold to a subsidiary of private American food conglomerate Cargill.

The eight-bedroom property was built in 1830 and features several lounges, an eight-car garage, a blacksmith workshop, an eight-box brick stable and a coach house.

The property includes 1000 hectares of irrigation, poppy and canola crops and the potential to run 14,000 sheep.

The property was bought from long-term owners Michael and Susie Warner.

Landmark Harcourts Tasmania director Michael Warren said he expected to see the new owners run the property similarly to how it was run in the past, as a mixed cropping operation.

‘‘There hasn’t been a property that’s sold for this much in recent times, the other large sales have taken place on the sharemarkets,’’ Mr Warren said.

‘‘As far as rural properties go, that would be one of the largest sales.’’

Real Estate Institute of Tasmania president Tony Collidge said that such a large sale was a positive sign for the state’s real estate market.

‘‘To get a sale of that magnitude is a positive sign of where the market’s at and where that market’s heading,’’ Mr Collidge.

‘‘It certainly shows that if buyers have got confidence to spend those sorts of dollars then they’re certainly starting to have confidence in the product we have here.’’