A sprawling Sydney estate built by tobacco magnate Sir Ronald Irish is set to break local property records after being relisted for sale.
The 1.58ha property at the back of Castle Hill’s town centre is one of the grandest homes in the area with incredible parklike gardens, a full size tennis court, guesthouse and timeless luxury interiors.
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Set to change hands for the first time 40 years, it is one of the last remaining acreages in Castle Hill and is surrounded by dozens of homes 15 times smaller in size.
It could also appeal to developers, with the estate offering buyers the potential to subdivide or redevelop the iconic home into smaller lots if approved by council.
Sir Ronald built the residence in 1960 when he was the chief executive of Rothmans, now known as British American Tobacco Australia. Property records reveal he sold it in 1977 for $255,000 to Paul and Jenny Leone.
Sydney Country Living agent Brian McMillan is selling it via private treaty. In the first 24 hours of the property appearing on realestate.com.au, the listing received more than 2000 page views.
A price guide has not been made public by Mr McMillan, but CoreLogic reveals it had a $12m guide when it was listed with another agent last week. This would reset the Castle Hill residential record by nearly $7.2m if it sells near that figure, after 14 Banks Rd sold for $4.8m in 2017.
The five-bedroom residence has a portico entrance, dance studio, a wooden billiard room and secret relaxation spaces. A unique domed skylight, two offices, four bathrooms, a stone kitchen and an elegant formal lounge can also be found inside.
Designed by Dean Herald, the “Garden of Secrets” is most the notable feature of the estate, with the Leone family having opened them to locals in the past for charity.
Fully enclosed from the street, the gardens have hand crafted sandstone features, statues including a prancing horse, a Palm Springs style tiled pool and terrace, and four stables. There is also a workshop and multiple garages.
The self-contained guesthouse features a single bedroom, kitchen and garden views, while the conference room has a bathroom and cooking facilities. A separate wing from the main house has a TV room, office and a large bedroom with an ensuite.
The Leone family owns four orchards near Orange including the 98ha property called Ballykeane. The four orchards produce more than 4100 bins of apple and pear each year.
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The post Landmark listing of Castle Hill estate built by Sir Ronald Irish to shatter property records appeared first on realestate.com.au.