Southern Highlands notches another prestige sale with Corterre Park deal

Southern Highlands notches another prestige sale with Corterre Park deal
Jonathan ChancellorOctober 4, 2011

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Corterre Park, the Provence-style house in the NSW Southern Highlands of the former Mariner Corporation boss Bill Ireland, has been sold.

The Mittagong property was the highest recorded Southern Highlands acreage house sale when it fetched $5.15 million in 2003.

It was initially tipped to fetch more than $8 million on its mid-2010 listing, but is understood to have sold through Drew Lindsay of Drew Lindsay Real Estate Bowral at closer to its recent $6.5 million asking price. It is likely to be the highest price achieved for the region this year.

It has views towards Sydney and the Blue Mountains from its 21-hectare Range Road position.

The sandstone walled and slate roofed mansion comes with seven spacious living rooms.

There are four bedroom suites and a two-bedroom guest apartment.

The grounds have a pool and tennis court.

“It’s an unrivalled parkland estate with dramatic views to Sydney Centrepoint Tower and the Blue Mountains from its Range Road position,” Lindsay says.

Range Road’s highest recorded sale was $5.4 million in 2006.

The sale of The Chase at Sutton Forest by the retired computer company executive Ian Penman and his wife, Ayesha, had been the year’s highest sale at $5.25 million plus to John Starr, a real estate franchise head in Sydney's western suburbs.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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