Singo expands Mt White holding with nursery purchase

Singo expands Mt White holding with nursery purchase
Singo expands Mt White holding with nursery purchase

The flamboyant former adman John Singleton has expanded his Mount White holdings on the NSW Central Coast with plans to become a gardening entreprenuer.

He's spent $1.5 million on a 10 hectare nursery property with very scenic dam.

Offered for the first time since 1973, the private bushy block has been operating as Princeton Nurseries, a long established wholesale plant nursery producing tube stock and landscape lines.

There's a two bedroom log cabin and also a mud brick office building.

There are two shades houses and two glass houses.

The sale by the Miles family was secured by Garth and Brett Hunter of Raine & Horne Terrigal-Avoca Beach.

Singo initially bought into Mount White in 1994 when he spent $760,000 on a nine hectare plot.

He further expanded his holding by purchasing a 20 hectare parcel down the road for $615,000 in 2000.

Mt White is where he has his Glenn Murcutt-designed Strawberry Hill Stud, one of Australia's most successful boutique breeding facilities. The horse heaven is a 75-minute drive from Sydney.

The Macquarie Radio shareholder remains one of the key advocates for the Central Coast, expressing concerns recently that it was brimming with new housing estates, but too few jobs.

I suspect he will turn the nursery into something of an retail attraction with restaurant so travellers are tempted to take the turnoff from the M1.

Singo recently ended his decade-long ownership of Killcare's boutique hotel Bells selling to his business partners, Brian and Karina Barry

The adman also secured a $4.5 million sale of his little used Killcare beach house last year, the second most expensive home in the suburb, but continues to own at nearby Pretty Beach.

Tags: 
Residential Sale Mount White

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