Conara's Vaucluse Estate sells for $100m-plus

Conara's 4448-hectare Vaucluse Estate, located 45 minutes from Launceston, sold this month after hitting the market in March.

The mixed-cropping and livestock business is home to a 10-bedroom Georgian mansion, and has also been operating as a wedding and accommodation venue.

The property attracted more than 200 enquiries from Tasmanian, interstate and foreign buyers before selling to an undisclosed buyer.

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"We had a whole range of parties who were interested," said selling agent Elizabeth Doyle, of Land Agribusiness Water Development.

Vaucluse Estate had been owned by US private equity firm Proterra Investment Partners, who bought the 200-year-old property for $20 million from long-term owners Michael and Susie Warner in 2015.

Since that sale, Proterra acquired neighbouring property to extend what had been a 2654-hectare estate.

Vaucluse Estate is listed on the Tasmanian Heritage Register, and the homestead has undergone several renovations since it was built in 1830.

Vaucluse means 'secluded valley'.

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