Strong sale ends family era at Sugarloaf
Strong sale ends family era at Sugarloaf Save Share A Southern Tablelands grazing property has changed hands for the first time in 160 years, selling for $5.7 million and well above its reserve with strong cattle prices supporting confidence in the sector. Sugarloaf, a 618-hectare run fronting the Lachlan River north of Yass in NSW, has been held by the Kensit family since 1860. It was sold to another local family by Syd Kensit, who is retiring, It was his grandfather, a British immigrant, who established the family's presence in the district. Mr Kensit's exit from Sugarloaf came with a flour...
Source: afr.com