A contentious Gerringong property owned by fashion pioneer and Ingham chicken heir Robby Ingham and wife Sarah has been listed for sale.
Its sale is expected to top the $10 million mark.
In September 2012, a 40-hectare parcel at 242 Fern Street, Gerringong sold for $7 million, purchased by Robby Ingham Pty Ltd.
Mr Ingham had plans to extensively develop the coastal/rural holding, although they were initially rejected by Kiama council amid criticism the proposal took “no notice of the current legislation”.
The initial proposal included the construction of a principal and secondary dwelling, tennis court and pavilion, two swimming pools, and a barn and stables compound consisting of three buildings, two dams, a shed and access driveways.
At the time, council maintained that the proposal was totally out of character for the area.
After council’s determination, an appeal was lodged with the Land and Environment Court. Following a Land & Environment Court conciliation process, an amended DA was lodged.
The Inghams’ appeal was eventually upheld, but reportedly no work has been undertaken at the site.
Ray White Gerringong principal Neil Campbell is the selling agent for the property, called ‘Ocean Pines’.
Mr Campbell said little more than half-a-dozen properties can claim front-row waterfront views in this part of the South Coast.
Mr Campbell expected its selling price to be more than $10 million.
“With current building approval, an opportunity exists to build a private residence to enjoy the extraordinary 360 degree views of 60km of coastline to the north and south and rural and mountain vistas,” he said.
“Let your imagination run wild with the potential of what could be built here.”
Mr Campbell said the Sydney-based Inghams owned another rural property at Gerroa, “which has a beautiful home” that they would be using as a weekender.
In 2017, the couple sold their luxury Tamarama home for a suburb record of more than $13 million.