GALLERY: $6.8m asking price for Mittagong estate

DOMAIN

Sydney businessman Peter Holmes a Court has listed his Mittagong home - one of the largest estates in the Southern Highlands - for more than $6.8 million.

The 145-hectare property, named Chain of Ponds, was once the family home to the entrepreneur and his wife, Divonne, and their two sets of twins: George and Robert, and Elsa and Madison.

Mr Holmes a Court, part owner of the South Sydney Rabbitohs rugby league club, would spend several nights a week at his farm and then live in a city apartment for the rest of the week. His family now lives overseas.

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The six-bedroom homestead, listed with McGrath Bowral and McMillan Real Estate Bowral, has been renovated by Luigi Rosselli Architects to open it to 360-degree views of pastures and a garden designed by William Dangar.

McGrath sales agent Anne Stone said the property, which came on to the market last month, was attracting interest from overseas investors.

The property is on the market for offers above $6.8 million.

"The interest that we've had in the property, and the inspections we've conducted, have all been with high-profile people but mainly from the Asian market," she said.

Ms Stone said the size of the land suggested excellent potential for subdivision into three separate lots. In its current one-lot configuration, it had two discreet entrances for maximum privacy.

The property also features a hedge-enclosed tennis court, a two-bedroom guesthouse with study and outdoor entertainment areas.

It has been developed by Mr Holmes a Court as a low-maintenance, sustainable cattle property and horse paddocks surround the main dwelling.

A system of small cattle paddocks and laneways leads to the yards, which are designed for one-person operation.

No barbed wire is used for fencing or yards on the property. The 12 paddocks with internal fencing comprise plain wire and solar-powered electric fencing, as well as post and rail fencing.

Mr Holmes a Court also oversaw the planting of more than 5000 native trees to link the property with surrounding national parks. The watercourses have been rejuvenated and brought back to their natural state. The dam is protected from stock and landscaped to encourage natural regeneration.

The property is well irrigated with 12 dams and the Chain of Ponds creek.

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