Southern Highlands estate of the Late Geoffrey and Pamela Coghlan sold prior to auction - McGrath
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Nov 12, 2021
Southern Highlands estate of the Late Geoffrey and Pamela Coghlan sold prior to auction - McGrath
Braebrook the Sutton Forest property sold by Stuart Davies of McGrath Camden, Michael Burke of McGrath Upper Hunter and Jamie and Richie Inglis of Inglis Rural Property in just 16 days.
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McGrath
The grand Southern Highlands estate of the Late Geoffrey and Pamela Coghlan has sold ahead of auction.
“Braebrook” at 70 Windella Road in Sutton Forest was offered for sale by expressions of interest scheduled to close on November 11 but a sale was negotiated after just 16 days on market.
Source McGrath
Stuart Davies of McGrath Camden was unable to confirm the price but said it was “considerably above” the guide of $8.5 million to $9 million. Stuart worked on the sale alongside Michael Burke from McGrath Upper Hunter and Jamie and Richie Inglis of Inglis Rural Property.
The team took enquiry from Sydney’s Eastern suburbs, Upper North Shore, Mosman as well as from Dubbo, Mt Macedon and from local Highlands’ residents.
Source McGrath
“Most buyers sought to utilise the property for thoroughbred breeding, spelling and cattle growing,” explained Stuart. “Some intended to live there, others hoped to use it as a weekender”.
“Braebrook” was held by the Coghlans for more than 30 years in which time Pamela Coghlan planted spectacular gardens in a formerly empty paddock.
Source McGrath
The 81.9 ha (approx.) site consisted of two separates titles of more than 40 hectares each.
Features of the estate include a highly secure water system via six dams, a reticulated water system and bore. During the last drought, farming continued and the stock were well supplied with feed and water.
Source McGrath
The house, designed by Rick Turner, is situated to take in views of the valley north towards the Gib and the Wingecarribee River, and to be out of sight of other properties around it.
With the deaths of Geoffrey and Pamela, the property was no longer practical for the family and interests have diverged.
Eight contracts were issued for the property following 13 private inspections. The buyer is from Sydney’s Lower North Shore.
Source McGrath
Stuart Davies said, “A sale of the price achieved in two-and-a-half weeks is uncommon in the Highlands which typically has longer days-on-market. The quality of buyers as well as number of enquiries show the strength of the market. We have a number of buyers now with budgets up to $10 million.”
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120-acre Northern NSW lifestyle property for sale - REAL Specialists
Contact Details:
Contact details:
Stuart Davies
Director McGrath Camden
+61 412 945 954
Email
45417
45419
Stuart Davies
Michael Burke
Managing Principal McGrath Upper Hunter
+61 429 692 454
Email
45417
45418
Michael Burke
Jamie Inglis
Director Inglis Rural Property
+61 412 064 442
Email
45417
45420
Jamie Inglis
Richie Inglis
Inglis Rural Property
+61 438 424 216
Email
45417
45421
Richie Inglis
