The extraordinary private garden was set to become a luxury accommodation venture. Instead, options will be explored to find a new buyer.
The sale has now fallen through after celebrity gardener Jamie Durie and his business partners decided not to go ahead.Renowned landscape gardener Paul Bangay’s Stonefields property appeared to have sold to a consortium including celebrity gardener Jamie Durie for more than $11 million this year, but the deal has now fallen through.
Opulus Hotels, including Durie and his business partners, financier and hotelier Dominic Lambrinos and investment banker Kim Jacobs, had signed a deal worth more than $11 million in January that included the main residence and a neighbouring property., halfway between Daylesford and Kyneton. A press release from Forbes said the consortium had elected not to proceed as it continued to pursue other tourism plans.Durie and his business partners are already undertaking a luxury hotel development in Tasmania’s Table Cape, on the state’s north-west coast.
The property with stunning gardens, which Bangay has called his “life’s greatest work”, has a farmhouse that had been available for short-stay rentals, though the booking website is now not working.Bangay listed the property last springHe previously said he was pleased to know Durie and his backers would be looking after the gardens into the future and the public would still have access.
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