Just twelve months ago, Laurel Park in Burradoo’s famed (and fatigued) Golden Triangle sold for $3,525,000. The John Sulman-designed home was one of the original Southern Highlands estates to accommodate Sydney’s summering set when it was built in 1886-87. (Believe it or not, Sydney’s 19th century elite wanted to escape the heat of their city’s summer, not bask in it.) The home originally sat on 100 acres and was built for John Macintosh who sought a cooler refuge for his ailing daughter.
The current owners seem to have pulled a Simone Semmens and subdivided a portion of the property in April while renovating the interiors of Laurel Park to grab a maximum return. It was a strategic subdivision: siphoning off the land fronting the well-trafficked Moss Vale Road while maintaining the prestigious Osborne Road entrance for Laurel Park. The renovation was also strategically wise, albeit standard for a flip: refreshed and modernised kitchen, wallpaper galore, some nice staging furniture, and the best mudroom we’ve seen this side of the Hamptons. A $4.3m sale of the home, plus whatever proceeds they’ll score from an adjacent parcel of land will likely yield a healthy profit. Let’s just hope the home doesn’t face the same fate of many other Burradoo properties at present: languishing on the market for months…and years…
Michael Maloney of Richardson & Wrench Bowral has the listing: ‘Laurel Park’, 81 Osborne Road, Burradoo
The subdivision plans from April 2012.
Click below for more photos and a FLOOR PLAN!