Jerrymara Farm, Gerringong relisted

Jerrymara Farm, Gerringong relisted
Jerrymara Farm, Gerringong relisted

The investment banker Nick Garling and his wife, Sam have relisted their renovated 1940s-era dairy cottage estate near Gerringong.
 
The 21 hectare Willow Vale grounds come with Tony Lameri-designed gardens as well as a tennis court, swimming pool, a separate contemporary cottage and guest quarters in the converted cedar-clad shed.

Garling bought Jerrymara Farm for $1.37 million with Shari-Lea Hitchcock as the underbidder at its 2001 auction.

Jerrymara Farm is listed for $4.4 million through Conlon & Co’s Julia Conlon, having been initially listed in late 2014.

Heavily utilised as a weekender resort, it is located just off the Princes Highway on Willow Vale Road.

The property currently generates annual income of circa $150,000 from holiday lettings with potential to make further improvements such as luxury cabins which may be permissible under the new Kiama Council LEP.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Rural

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