Segenhoe up for sale

[Murray Fish]

Australian Nursery Segenhoe Stud Being Offered for Sale

Historic Hunter Valley nursery Segenhoe Stud, a show-stopping trophy property that has a long and rich record of producing elite horses, is seeking a new custodian.

After much consideration, Sydney businessman Kevin Maloney has decided to call for expressions of interest to buy the fertile, 567-hectare stud, potentially marking the end of the entrepreneur's 14 years of involvement with the Upper Hunter farm, which has enjoyed a golden era under his leadership.

 

Boasting recent group 1 graduates Joliestar, In Secret, Pride of Jenni, Amelia's Jewel, and King Colorado on its honor roll, Segenhoe Stud could command a price in the tens of millions of dollars (Australian) given the value of the land and the associated high-end infrastructure on Segenhoe.

The significance of Maloney's decision to possibly part with the prized parcel of land in the Southern Hemisphere's Thoroughbred breeding epicenter is likely to spark interest from leading breeders domestically and internationally. It would allow them to establish a foothold in the Scone region with the purchase of the prestigious property. 

Maloney bought the celebrated 116-year-old stud in 2010 (which had moved from its original site to its current location) and he has invested considerably to double the size of the farm and make infrastructure and pasture improvements.

With 10 kilometers of the Hunter River traversing the property, the Segenhoe Valley Thoroughbred and Angus cattle stud features an exquisite homestead, a manager's residence, guest house, yearling preparation barn, Fairlight facilities, and a stud office. All horse paddocks are double-fenced, with mature trees providing shelter from all weather conditions, further supplemented by tree-covered shelter sheds in larger paddocks. 

An extensive water license enables irrigation to virtually all horse paddocks, while bitumen roads throughout the property mitigate dust, safeguarding the animals' well-being. The alluvial river flats have nearly 30 feet of topsoil, while the diverse paddocks also feature various pastures and soil types, allowing tailored paddocks for individual horses' needs.

The property is being offered for sale by Magic Millions, Sotheby's, and Donovan & Co through an expression of interest process that closes July 4.

 

Donovan & Co's Clint Donovan said: "To my knowledge never before has a stud of the magnitude and significance of Segenhoe been offered publicly. Certainly not in recent decades and certainly not at the absolute peak of its influence on the industry worldwide.

"The ability to emerge as the new owner of this remarkable piece of Australia is something that will no doubt attract global attention and interest. Australia's Thoroughbred industry continues to thrive in all facets and Segenhoe is the absolute leader in sales results and the leading breeding farm of stakes winners in the Southern Hemisphere."

Segenhoe Stud is in close proximity to leading stallion farms Darley and Newgate Farm on Rouchel Road, which has been declared by some as "the road of champions," while Arrowfield and Vinery studs are also nearby.

Donovan added: "Segenhoe Stud is an absolute show-stopping trophy property."