Southern Highlands Gerron Park set for flip with $5.1 million price tag

Southern Highlands Gerron Park set for flip with $5.1 million price tag
Southern Highlands Gerron Park set for flip with $5.1 million price tag

Gerron Park, the 45 hectare Wildes Meadow estate, has been listed for sale just six months after it last sold.

It fetched $3.5 million when bought by the Phillips family, now its back for sale for $5.1 million through Richardson & Wrench agent Michael Maloney.

When traded for $3.5 million in September, the hobby farm suited for cattle had been on the market for over 700 days and sold when having a guide of $3.95 million.

It initially sought $4.1 million.

Southern Highlands Gerron Park set for flip with .1 million price tag

Gerron Park at 131 Wildes Meadow Road went backwards, having sold for $4.1 million in 2007.

On the grounds there's a five bedroom homestead and separate guest accomodation, as well as a heated swimming pool and tennis court.

The grounds with rich red basalt soil feature 13 paddocks, cattle yards, six dams and an old brick dairy.

 

 

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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Southern Highlands Hobby Farm

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