Coronea

Coronea

Coronea is a residential land‑banking company whose core asset is a substantial parcel of residentially zoned land in Hadspen, Tasmania. It also serves as the head office of the Bresnehan Family Office.

Founded: 1992

Hadspen sits on the South Esk River in northern Tasmania, eight kilometres southwest of Launceston. The town is steeped in early colonial history. Just three kilometres from Coronea’s holding is Entally House, built in 1815 and once the Tasmanian home of Mary Reiby — transported convict, pioneering entrepreneur, and widely regarded as Australia’s first international businesswoman. Her image appears on Australia’s $20 banknote.

Hadspen is also home to The Red Feather Inn, a collection of Georgian sandstone buildings constructed by convict labour in 1842. In the era of horse‑and‑carriage travel it was the final overnight stop before Launceston. Today it has been restored as boutique accommodation and is the headquarters of the Tasmanian Walking Company.

Coronea’s western boundary runs for three kilometres along the South Esk River, Tasmania’s longest freshwater river, which ultimately flows into Launceston’s world‑renowned Cataract Gorge. The property was once the northern home of David Hoy, Port Arthur’s first Master Shipwright. While the reasons for his ownership of Coronea are not recorded, it is reasonable to assume that in retirement he may have advised Mary Reiby, whose shipping and trading empire operated across the Hawkesbury and Hunter Rivers, Bass Strait, and extended to ports in China, India, and the Pacific. Several of her vessels — including the Edwin, Governor Macquarie, James, John Palmer, Mercury, and Raven — appear in microprint on the $20 banknote.

Today, Hadspen is a modern residential township and an easy 15‑minute drive to Launceston. Much of the town’s southern side sits on former Coronea land.