Expressions of interest to buy Segenhoe Stud have closed amid a high level of international interest in the historic Hunter Valley property, with an outcome expected within weeks.
“The property has been very well received,” listing agent Clint Donovan of Donovan & Co told The Straight.
“Segenhoe is world-renowned. We’ve pricked a lot of ears around the world and rightly so.
“We’ve had enquiries from all around the globe - and locally.”
With the Hunter River flowing through the 567-hectare property near Scone, Segenhoe has been an integral part of the Australian thoroughbred scene for more than a century.
The Maloney family has owned Segenhoe since 2010, and Peter O’Brien has overseen its operations since 2013.
After months of speculation, Segenhoe was put on the market in June with Donovan + Co calling for expressions of interest.
Donovan said it was extremely rare for a property of Segenhoe’s ilk to come on to the market.
“We are testing new waters. It is the first time something of this size and scale has come to market and we have generated some good international interest,” he said.
Bren O’Brien
Kevin Maloney, chairman of the Tulla Group, has added to Segenhoe’s reputation for excellence in thoroughbred breeding with 10 yearlings from the farm making at least $1 million in 2024.
There have been 13 Group 1 winners raised on the farm over the past decade.
“The Maloney family are genuine traders of assets and genuine sellers and I hope we can make an announcement in the coming weeks,” Donovan said.
Donovan said that calling for expressions of interest ensured the property had more opportunity to be marketed to the right buyer.
“From Kevin’s point of view it has enabled us to ensure we unearth the buyer that most importantly we are comfortable with handing the legacy of Segenhoe over to,” he said.
High-profile thoroughbred farms neighbouring Segenhoe include Newgate, Vinery and Darley.
