All cashed up with nowhere to go, wealthy buyers target rura

All cashed up with nowhere to go, wealthy buyers target rural trophies


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.

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