URGENT UPDATE: A historic estate on the Burraneer Peninsula is set to break sales records today as it goes on the market, potentially exceeding the current record of $22.5 million. The property, known as Wedderburn, located at 1 Eurabalong Road, is being sold by David Highland, CEO of Highland Property.
This grand waterfront estate has been in the same family for over 70 years and sits on an impressive 5,467 square metre plot of land. It has received development approval for subdivision into three lots, making it an enticing opportunity for both residential buyers and developers alike. Highland stated, “A great result is expected,” highlighting the property’s unique appeal.
Wedderburn has deep historical roots, originally part of a 169-acre land grant to James Wilson in 1862. Over the years, it has transformed significantly, with construction of the current home commencing around 1920. The estate showcases a blend of English “Arts and Crafts” and American “Craftsman” architectural styles, reflecting the era’s design aesthetic.
The estate features direct access to Gunnamatta Bay, offering stunning water views and a serene coastal atmosphere. With its high-pitched terracotta roof and intricate leadlight windows, Wedderburn epitomizes craftsmanship from its period. The expansive living hall boasts a large timber-detailed Inglenook fireplace, creating a warm and inviting space.
Why This Matters NOW: The sale of Wedderburn could not only set a new benchmark for the Sutherland Shire but also signal a robust demand for luxury properties in the region. As the market shifts, potential buyers and investors are closely watching the developments surrounding this iconic estate.
The agency has previously achieved significant sales, including the current record of $22 million for 333 Woolooware Road, further emphasizing the potential for Wedderburn to raise the bar even higher.
As this sale unfolds, real estate enthusiasts and potential buyers are encouraged to stay tuned for updates on the final sale price and what it means for the local property landscape. This is an opportunity not to be missed, as Wedderburn represents both historical significance and modern luxury.
For those interested, further details about the property will be shared as the sale progresses. Expect to hear more in the coming days as this historic estate takes center stage in the luxury real estate market.
