Luxury guesthouse Mona, Braidwood sells after five years on and off the market
Mona, the historic Braidwood guest house property has been sold some five years after its initial 2008 listing.
It was initially listed for sale by guest house operators Greg and Kerry Schneider who sought more than $8 million for the 45-hectare property. This was dropped to $5.25 million in 2011. Earlier this year it was listed at $3 million plus.
It sold just before its recent auction through McKillop Property agents Cameron McKillop and Jeremy Crawford inconjunction with David Nolan at Webster Nolan.
It is understood it will continue running as a guest house venue.
Its historic buildings are within gardens - inspired by English landscaper Lancelot Capability Brown - that won the Belle Magazine garden design of the year in 2003 after the planting of more than 4000 trees and the construction of a five-arch stone Palladian bridge, which spans Mona's lake.
The historic gardens date back to the 1820s when it was settled by Dr Thomas Braidwood Wilson, whose house burnt down.
The Maddrells bought the property in 1845 and gave it its name, Gaelic for the Isle of Man.
The property last traded in 1994 when sold by Jock Mackay, who had run cattle following his 1946 purchase.
Braidwood's previous big sale was when Harris Scarfe department store chief executive Robert Atkins sold his property, Charleston, for $2,871,000.
The 45-hectare Mona property comes with an 1890s homestead with Ray Siede decor.
It included a 1903 coach house used by Cobb & Co (pictured above). Its stables, which date from the 1860s, have been converted into a marble-tiled 7,000-litre plunge pool for guests.
