Yulong Investments has increased its Australian property portfolio with the thoroughbred powerhouse adding a luxury rural estate to its extensive acquisitions in the heartland of Victoria’s breeding industry.

Islay Vale, a 175-hectare farm located about 10km south of Nagambie in the Goulburn Valley, will reportedly operate under the Yulong banner.

It was listed for sale in November with offers of more than $9 million forecast.

Real estate agents described Islay Vale as a “magnificent waterfront holding boasting a stunning two-level, five-bedroom home”.

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