Avoca

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The Macquarie Group veteran Greg Ward is back in the wine game. He's recently spent $8.4 million to buy the 5th Chapter Estate in the Southern Highlands.
The 40 hectare Avoca country estate had been in the hands of the Manasseh foods for two or so decades.
The brothers Roy and Michael paid $2.5 million in 1998 and planted the vines a year later. There are four hectares of vines with Sauvignon Blanc and Pinot Noir plantings.
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-08-28%20at%202.31.11%20pm.png" alt="">
Aside from the winery and cellar door, there's a grand manor-like home with nine bedrooms and eight bathrooms in the Japanese gardens.
Ward, also a part-time motorhead, has been at Macquarie since 1996. 
He became head of banking and financial services group in 2013 and has driven the growth of Macquarie’s retail financial services business. 
Wine has been off Macquarie's group head of banking and financial services menu since 2010 when he sold Echo Ridge, up in the Hunter Valley's Pokolbin, for $2.2 million to Sydney fundie Michael Hill.
Meanwhile sone of Australia's biggest winemakers have agreed to change their supply agreements with grape growers, after Rod Sims ACCC raised concerns that the contracts contained terms which were likely to be unfair.
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Macquarie director buys $8.2 million Avoca vineyard

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The international fashion designer Collette Dinnigan and her hotelier husband Bradley Cocks have snapped up Springfield Farm, a European-style abode in the Southern Highlands.
<a href="https://www.propertyobserver.com.au/https://www.randw.com.au/property/278270" target="_blank">The charming Avoca offering</a>, with views to Mt Gibraltar, had been for sale for six years with a recent amended $4.75 million asking price.
The couple, back in Australia from their Italian base, secured the property after their recent stellar $9 million sale of of their Watsons Bay home to Justin and Dom Hind, co-founders of WiTH Collective digital advertising agency.
Entered via a gorgeous long tree-lined driveway, the property has two French-syle timber barn-style buildings either side of a sandstone structure.
There's a sensational living room with gas open fire and high raked ceiling with mezzanine level. 
There's five bedrooms plus a three bedroom groundkeepers' cottage.
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The northerly views over lush pasture-land are a key feature of the property about 15 minutes' drive from Bowral.
The grounds have sweeping fully irrigated lawns, a tennis court, ornamental lake, plus stables and paddocks for horses.
There's the must have vege plot, fruit trees and even a small vineyard. 'An amazing property presented in pristine order," was how Richardson &amp; Wrench Bowral agent Michael Maloney marketed the eight hectare holding.
The vendors, Sydney barrister Stephen Flett and his wife, Di, bought the property 11 years ago for $2,525,000 from solicitor Gavin Solomon and his wife, Kathy and then spent $2.5 million upgrading it. 
Its initial pricing had $6 million expectations.
After selling their Careel Bay, Palm Beach retreat for $3.2 million to actor Sophie Lee and adman Anthony Freedman, Dinnigan retained a South Coast retreat and commercial space in Paddington.
This article was first published in the Sunday Telegraph
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Collette Dinnigan buys Springfield Farm in Southern Highlands

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Coal baron Peter Freyberg and wife Kylie have spent $4.6 million in North Avoca, the biggest sale the Central Coast beachside location has seen.
The North Avoca Parade beach house sale through Ray White Terrigal agent Shaun Hudson-Smith pipped the previous $4.55 million suburb record set in 2006 then shared in 2008.
Peter, a former Xstrata coal chief executive, spent $12,365,000 last year on the Eliza penthouse on Hyde Park.
The 420 sqm penthouse spanning two floors has four bedrooms, five bathrooms and a rooftop swimming pool.
This article first appeared in the Daily Telegraph. 
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Coal baron Peter Freyberg pays Avoca record

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The top rating 2GB breakfast broadcaster Alan Jones has settled on his apartment acquisition in Circular Quay's iconic Toaster building.
And he has sold his <a href="https://www.realestate.com.au/sold/property-apartment-nsw-avoca+beach-125638706" target="_blank">little-used Avoca Beach retreat</a>.
Documents show the broadcaster paid $10.5 million for the sixth floor apartment overlooking the Opera House.
His off market acquisition was from the Queensland coal miner Brian Flannery who had paid $3.9 million for the apartment in 2003.
Jones' city apartment, spanning 200 sqm internal space, cost $52,000 per sqm, a figure reflective of the status of apartments on the tip of the iconic Sydney complex.
Flannery also recently sold his adjoining 120 sqm apartment with lesser views for $3.65 million which was at nearly $30,000 per sqm.
The highest price paid for an apartment in the Toaster building was $18 million when hotelier Sam Arnaout secured the penthouse from Margaret Maloney, the widow of the late hotelier Cyril Maloney.
Recent off the plan prestige offerings around Circular Quay have hit as high as $96,000 a square metre.
Jones has been renting in the block since 2001 when he sold his $2.9 million Newtown warehouse of 12 years.
These days he spends most of his spare time in the Southern Highlands at Charlieville, a 28 hectare estate in Fitzroy Falls.
 
He has been renting out the little used Avoca Beach apartment at a pricey $5,000 a week asking price.
Designed by renowned architect Cathy Slater, The Lighthouse complex is in an block of six on the Avoca Beach hillside.
Spanning 450 sqm of indoor and outdoor living space, it has three bedrooms, three bathrooms, a separate massage therapy room and a grand entertaining terrace with plunge pool.
Jones paid $4.5 million in 2008. 
LJ Hooker Terrigal agents Tim Andrews and Matthew Farrugia advised a $4.5 million plus price guide. It was sold pre-auction at an undisclosed price to a Bellevue Hill family.
The 2GB broadcaster, who has been hosting the show since 2002, extended his stellar ratings lead in the Sydney breakfast market having returned to the mic after illness.
His 2GB's breakfast ratings increased its share to 13.9 percent.
However he told his audience this month he won't be able to answer every email he gets, given his orders of doctors to ease up after a number of health scares.
Jones has been known to be prolific in his response to listener concerns.
This article first appeared in the Daily Telegraph.
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Broadcaster Alan Jones sells Avoca apartment 

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Scotsburn, an architectural home in Southern Highlands with panoramic district views, is on the market with a price guide of $8.9 million.
The 102-acre property has been offered by Michael Maloney and Phillip Dwyer from Richardson &amp; Wrench, Bowral.
Scotsburn at<a href="https://www.realestate.com.au/property-lifestyle-nsw-avoca-7999486" target="_blank"> 60 Bresnahan Lane, Avoca</a> features five extra-large bedrooms, five living areas, gourmet kitchen, billiard room with bar, and home office.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/4/avoca%202.jpg" alt="">
The grand entry comes with wide foyer, soaring ceiling and double glazed window. 
Other features of Scotburn include mature landscaped grounds, heated indoor pool, all-weather tennis courts, and boules court. 
The property also includes in ground water tanks, three phase power, solar system, improved pastures six dams and permanent springs. 
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Southern Highlands trophy home Scotsburn in Avoca listed for $8.9 million

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Glenora Farm in NSW's Southern Highlands has sold for $5 million.
Described in the listing as "one of the largest quality rural property holdings presently available" it comprises 280 acres and came with a price guide of $5.95 million.
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Frank Barker and Damien Ogilvy of Raine &amp; Horne marketed the listing.</div>
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The land is approximately 90-95% cleared with timber sections providing shade for cattle &amp; over 15 paddocks with a central herding lane way system and driveways.
It is currently running 170 head &amp; can produce up to 3,500 bales of silage per annum in good seasons, according to the listing.
Currently serving as the dry run &amp; feed/hay/silage producer for the Dairy at Hazel Cottage Farm (240 Acres), which is just 1 km away, Glenora Farm features productive basalt &amp; loam soils.
<img src="https://www.urban.com.au/images/2019/5/30/Glendora%20Farm%202.JPG" alt="">
The homestead, a brick construction with high ceilings was wholly updated in the early 1980's, with the kitchen updated again in 2008.
A three bedroom two bathroom affair, the abode features 2 extra office/study rooms and a slow combustion fireplace.
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Glenora Farm in NSW's Southern Highlands sold for $5 million

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Scotsburn, the grand Avoca estate in the Southern Highlands, has sold for a record $9.25 million.
It was offloaded by the Knox grazier family, who paid $8.1 million less than two years ago, an Avoca record.
It was bought by the Lai family, who are behind property giant Zone Q Investments, the Australian arm of China’s JiaHe JianAn Group.
They had been asking $8.9 million through Michael Maloney and Phillip Dwyer from Richardson &amp; Wrench Bowral.
It has been reported the 41 hectare property has been bought by the Chinese Lai family, the family behind Zone Q Investments, the Australian arm of China’s JiaHe JianAn Group.
Monitored by a 16 camera CCTV security system, the sprawling home, complete with five ensuited bedrooms and five living areas, has a mud room, library, billiard room with bar, 2000 bottle wine cellar and a home office.
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In its own wing is a 20 metre heated indoor swimming pool, a gym and a sauna.
The mature landscaped grounds feature a championship all-weather tennis court, boules court, netted veggie garden and orchard
The 41 hectares include improved pastures suitable for cattle or horses, as well as cattle yards, a hay shed, six dams and two permanent springs.
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Avoca

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