QT Hotels has offloaded the Loggerheads estate in the NSW Hunter Valley for $7.5 million – its full asking price – to model Miranda Kerr.
The 87 hectare property was established 36 years ago by late judge, teacher and winemaker Len Evans, on land acquired from the Tyrrell family, which also operates vineyards.
Mr Evans’ widow Trish sold the Rothbury holding to former Macquarie director Robin Crawford and his wife, Judy, in 2007, for $5.15m.
The boutique hotelier acquired it for $6m in December, 2016.
QT had planned to expand the hospitality offerings on the site, said to be in the region’s best position.
Instead Loggerheads was listed for sale earlier this year (story continues below).
The farm has frontage to both Palmers Lane and Broke Road, the latter which has a small commercial property which derives an income.
As well as the vineyard, the estate includes a renovated seven bedroom homestead around Paul Bangay-designed gardens, summer house, swimming pool and vegetable garden.
The Australian was the first to report Ms Kerr as its buyer.
The 37 year old was born in Sydney but raised in Gunnedah – about 270kms north west of Loggerheads.
After marrying Snapchat founder Evan Spiegel in 2017, the Malibu-based pair welcomed their first child two years ago.