Grand rural Jamberoo residence ‘Warreen’ recently sold for $2.5 million to an undisclosed buyer.
According to Australian Property Monitors, it sold for $2.5 million in April.
The home was built a little more than 30 years ago by the previous owners.
Designed to exploit the position, aspect and views, the sandstock home was designed by Ronald A Gilling and includes features such as an antique cedar front door, softly hued interior, cedar French doors, thematically controlled home heating system, wood combustion fireplace and full-length verandahs.
The property initially had a price guide between $2.9 million and $3.3 million.
Steve Pryor of Raine & Horne Kiama was the listing agent.
“It sits at the top of Saddleback ridge line and has 180 degrees totally unobstructed coastal and rural views,” co-agent Paul Belleville told the Mercury earlier this year.
“It would suit someone looking for a rural scenic escape or a buyer who’s into cattle or horses.”
The property also has self-contained separate guest accommodation over a triple car garage.
On the farm there are open paddocks, five-hole golf course greens, cattle yards and machinery shed.
It’s one of several notable sales in Jamberoo in recent times.
A piece of Jamberoo history sold in March.
In February 2016, a luxury home, converted from part of the historic Jamberoo Milk Factory, sold for $1.48 million.
Its sister property was later listed on the market.
The property at 31 Factory Lane, Jamberoo was listed for sale earlier this year for $2,180,000.
Features include lavish landscaped gardens, pool and ivy covered equipment cottage, an orchard with free range chicken garden and coop and a pizza oven.
Outlook for the Illawarra
As we head towards a new financial year, an upcoming industry luncheon will discuss the economic and housing outlook for the Illawarra.
The event will be hosted by the Urban Development Institute of Australia’s NSW Southern Chapter on Thursday, July 5 at City Beach Function Centre.
Guest speakers will include Dr Alexandra Heath, head of economic analysis at the Reserve Bank of Australia. Dr Heath will discuss the economy, demographics and factors impacting housing demand.
Guests will also hear from Mark Grimson, economic development manager at Wollongong City Council and Trevor James, economic development manager at Shellharbour City Council.
They will be joined by Ben Mostyn, managing director of Knight Frank to discuss the economic and housing outlook for the Illawarra.
RSVP by June 28. Bookings: 9262 1214.
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