A prestige property at Chudleigh was sold for $15.776 million, a Land Information Services Tasmania document shows.
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Bentley at 1519 Mole Creek Road was sold by John and Robyn Hawkins to Chatsworth Enterprises whose directors are Maxwell Cameron and Helen Baillie.
The property was transferred on March 10 this year.
The extraordinary price for the 395-hectare property reflects not only the premium farming land, but also the history and beauty of the homestead, ornamental lakes and outbuildings.
The price per hectare of $39,930 per hectare is almost three times the present booming Tasmanian average.
A Rural Bank's Australian Farmland Values report on Monday found that Tasmanian farmland values increased for the third consecutive year in 2021, with the median (mid-point) value per hectare up by 7.6 per cent to a record-high $14,730.
Tasmania land prices compared with a national median of $7087 and a Victorian median of $10,583 per hectare.
Mr Hawkins, an international antique dealer and prominent opponent of the proposed Gunns Limited pulp mill, bought the property in 2002 for $1.25 million and purchased a number of surrounding titles to boost the farm size.
Bentley was initially advertised with Christies International with a guide price of $15 million but was ultimately sold by a local agency.
Bentley was part of a land grant to John Gardiner in 1829.
Born at Pougill in Devon, England, in 1800, Gardiner got married at Bickleigh, north of Chudleigh in Devon.
It is this connection to Chudleigh that suggests that he was the person who named the nearby village.
However, Gardiner did not stay long and sold the land to businessman Philip Oakden in 1836.
It was Oakden - the founding director of the Launceston Savings Bank - who named his newly acquired property Bentley after his family home in Derbyshire.
Sales literature said that Bentley had maintained its heritage features whilst upgrades have ensured modern-day comforts.
The outbuildings have been painstakingly restored, preserving the rich heritage values associated with the property," the agent said.
"The main residence is set between three large lakes and possesses one of the finest man-made landscapes in Australia."
The homestead featured a potential six bedrooms and six bathrooms, a dining room, drawing room, two libraries, amorning room, billiard room, conservatory, kitchen laundry and drying room.
In addition to stables and a barn, Bentley comes with its very own clock tower featuring a clock by James Ritchie & Son in Edinburgh.
"There are two fully restored timber staff cottages, each with three bedrooms," the agent said.
"All the estate buildings are fully restored and in first-class order."
The Bentley price compares with a price of $9.3 million paid for the 489ha Lake House near Cressy in 2018.
The Lake House sale at $19,000 a hectare preceded the uplift prompted by a variety of factors including COVID-19 and global warming.
Rural Bank's Australian Farmland Values report found that the volume of sales in Tasmania decreased by 15.2 per cent to 189 and by six per cent in Western Australia.
Transactions were up by 22.5 per cent nationally to 10,032, amid what the bank described as a surge in demand.
"Farmland values across Tasmania have continued to trend higher in 2021 as constrained supply, low interest rates and rising demand supported values," Launceston-based agribusiness relationship manager Dean Lalor said.
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