Available in its entirety or across two separately titled parcels, Palerang (315 ha) and McLaughlin (295 ha), the estate at 154 Hazeldell Road, Mulloon pairs a rich 1830s colonial history with an internationally acclaimed regenerative water model.

The property is being marketed by Ray White Bugendore selling principal Doug Merriman via expressions of interest.

“There is, of course, a selection of other buildings and structures that adorn the homestead precinct,” Mr Merriman said.

He said these buildings include a two-storey equivalent, 10mx12m workshed, garden shed and of course, the two-storey ‘Stables’ - the very same building that legendary musician Mick Jagger called home when shooting Ned Kelly in 1969.

Jagger came to Braidwood, NSW to play Ned Kelly in Tony Richardson's film, and for part of the production Palerang Homestead became home to Jagger and members of the film crew.

Mick and Marianne Faithfull stayed at the property, with the homestead and original cottage accommodating the production.

“The film itself wasn't exactly a triumph  -  but Jagger’s stay at Palerang certainly left some stories behind,” he said.

“During filming a prop pistol exploded and injured his hand. While recovering, he picked up his guitar and began working on a new song.

“Jagger later confirmed he wrote Brown Sugar while filming Ned Kelly in Australia, and the local history has it being written at Palerang.

“Then there was the night police were apparently stationed at the Homestead after word got around that a group of Canberra students intended to kidnap Mick and ransom him for charity.”

Owners Sue and Ulli Tuisk said after 28 years of ownership, now is the right time to hand on the baton.

“We are so proud to have had a strong and enduring relationship with this land, its beautiful country. The daily exposure to Palerang's landscapes, creeks, and day-to-day richness and challenges has made us happy for years,” Mr Tuisk said.

Originally established in the 1830s as Hyland’s Retreat, a stagecoach inn linking Sydney and Goulburn to the Monaro, the homestead centers on an early colonial stone cottage expanded into a substantial four-bedroom residence with an office, classic country kitchen, and a vast stone entertaining hall. 

The home paddock also houses a detached two-bedroom groom’s cottage, offering immediate potential for farm stays, guest accommodation, or multi-generational living.

Beyond its heritage credentials, Palerang is renowned as a benchmark for landscape rehydration.

Working alongside the Mulloon Institute, the owners implemented an engineered leaky-weir system that recharges groundwater, stops erosion, and preserves lush pastures through extreme dry spells - work recognised globally by the United Nations.

“We have undertaken many maintenance projects over the years, but by far the biggest renovation we have worked on is the re-hydration of the Mulloon Creek with the Mulloon Institute,” Mr Tuisk said.

The property delivers commercial-scale grazing across native pastures, with roughly 65 percent considered arable for cropping.

In addition to high annual rainfall (650-800mm) and frontages to both Mulloon and Reedy Creeks, the holding includes a critical 120ML water access licence with an 80mm pump approval, 20 dams, dual 90,000-litre tank trough systems, 36 paddocks, shearing and machinery sheds, and a 9kW solar array with Tesla Powerwall storage.

Ms Tuisk said anyone that is looking for connection between themselves and the land will love this special place.

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