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All cashed up with nowhere to go, wealthy buyers target rural trophies
A new generation of personal buyers is breathing life into luxury regional properties as the pandemic puts a premium on domestic getaways.
The 10.1ha Casuarina Estate at 1023 Pokolbin Road, NSW, sold for $3.9 million.
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New life came to a Hunter region property that was once the base of celebrity chef Peter Meier when a Sydney buyer acquired the 10.1-hectare Casuarina Estate in Pokolbin, two hours’ drive from the NSW capital, for $3.9 million.
The family bought the collection of separate residences and function venue with swimming pool and 4.8-hectare vineyard at 1023 Hermitage Road to be a retreat for themselves and friends that – with 21 accommodation units in total – they could also rent out on Airbnb when they weren’t using it.