In the booming country real estate market there are two distinct groups of buyers who dominate demand this year, according to director of rural services at Sotheby’s International David Medina.
High net worth buyers seeking large-scale rural holdings and the luxury weekend market shopper, both of which have loomed large among the inquiries for Hanworth Homestead.
“If you want a weekend paradise then Hanworth Homestead is what you want, but if you want to be the next Sidney Kidman and run a huge number of stock, then I’ll drive you further south to pursue your agricultural pursuits,” is Medina’s blunt summation.
The traditional country-style farmhouse was built in the late 1980s by society couple Grant and Di Jagelman, complete with grass and concrete helipads, adjoining four-bedroom home connected via a breezeway and surrounded by landscaped gardens originally designed by Michael Bligh with an ornamental lake.
There is a conservatory overlooking the gardens, a swimming pool, floodlit tennis court, a hangar for the helicopter, shearing shed with yards and shearers’ quarters with a mess hall.
Hanworth Homestead was until late last year set on a far larger 2800 hectares as the centrepiece of a cattle operation, but sold to property trader Duncan Grady who wanted the land but hasn’t the time in his life now to make the most of the high-end homestead, prompting him to carve off the 136 hectares surrounding the it.
“You could look for 50 years and you won’t find another rural home like this because normally these sorts of places are attached to a huge cattle enterprise, but this is a nice piece of land for a family holiday getaway,” Duncan said.