Buyers set to cash in on exclusive Dural property masterpiece

OCTOBER 15, 2018

A spectacular 5-acre property estate at Dural, which hit the market last week is already generating plenty of attention from wealthy cashed-up buyers, according to leading global property Superbrand, Raine & Horne.

The magnificent property located at 29 Viney Lane, Dural will be sold via Expressions of Interest and listing agent Alex Rouggos, Principal, Raine & Horne Castle Hill said the exclusive estate has attracted a robust level of enquiry and some offers starting at $5 million.

“Online views are one thing. However, we’re seeing a robust level of enquiry at least equal to the heights of the boom a few years ago, with people picking up the phone to organise an exclusive inspection,” said Mr Rouggos.

Demonstrating again that tighter lending conditions aren’t impacting Sydney’s prestige markets, this magnificent property has captured the attention of well-heeled upgraders and even small business owners who can see the property’s potential as a function centre for weddings noted Mr Rouggos.

“Many of those buyers who can spend above $5 million will pay cash for this rare and exclusive property. They don’t need the banks to finance the purchase,” he said.

“We have fielded enquiries from Australian expats who own property and have family in Australia, and who are seeking to expand their portfolio of prestige properties.

“We’ve also taken calls from local owners who have successful businesses in Sydney.”

Spectacular rural estate in a class of its own

The main home is sophisticated and spectacular, and when it comes to entertaining, offers a series of unique recreational settings including a pool terrace, an entertainers’ terrace and a magnificent human-made lake with boathouse. There is also a guest house set over a cavernous garage.

Mr Rouggos adds, “The people who will ultimately buy this property will put a value on quality and lifestyle. Sure, there are acreages available in Dural offering large houses and manicured gardens, however, they don’t just have the style that 29 Vineys Lane offers.

“This exclusive rural estate is different because of its impressive landscaping, the bush trail, the lake, the private boathouse, and every buyer who has taken the exclusive hour-long inspection has said this property outstrips the current competition when it comes to the design and landscaped grounds.

“The entire estate features a European flavor, and the private owner, who is an entrepreneur, has spent plenty on delivering a home that goes above and beyond. The recent upgrades are to the finest standard, including, marble flooring, Quartz stone benchtops and imported wood from Italy for the cabinetry, to name a few.”

The lure of Dural

The attraction of semirural Dural lies in its combination of country lifestyle and proximity to Sydney, said Mr Rouggos.

“Buying a rural lifestyle that is only 45 minutes by car to Sydney is a significant attraction to the individuals who have taken an interest in this great real estate opportunity. 

“Retail precincts such as Castle Hill and Cherrybrook are close by, and it’s close to New Line Road and Old Northern Road.

“Vineys Lane is one of Dural’s most enviable locations and 29 Vineys Lane lives up to and exceeds this reputation.” Mr Rouggos offered.

For a copy of the Expression of Interest document for 29 Viney Lane, Dural, contact Raine & Horne Castle Hill on 02 9634 7799.