Bulli 10-acre estate featuring five-bedroom home sells for reduced price of $4.3m
A home located on 10 acres of native forest at Bulli has changed hands for more than $4 million.
The home, located at 33H Hospital Road, Bulli was being marketed as offering a “touch of the Southern Highlands” in the region.
Listed for sale in October, the home has sold for $4.3 million.
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By continuing you agree to our Terms and Privacy Policy.Features of the home include a gourmet kitchen with Miele appliances and butler’s pantry; alfresco entertaining including a complete outdoor kitchen; solid timber flooring with ducted underfloor heating; and detached fully self-contained, loft-style guest accommodation.
There’s five bedrooms in the main house, and one bedroom in the guest accommodation.
There’s also a private in-ground heated pool and spa with an adjacent pool house; and a 28-panel solar system, rainwater tanks, an orchard, and a potting shed.
The home had an initial price guide of $4.5 million, and most recently $4.395 million.
Regarding the reduction in asking price, selling agent, Darren Kay from Belle Property Illawarra said the “market forces determined the outcome” and it was sold to an Illawarra buyer.
“The new owners are locals looking for land, but wanting to stay close to the beach,” he said.
“It’s a stunning home, and it’s walk-in, do nothing, which is rare with land that close to the beach.
“The vendors are retirees and will now look for a smaller property within the region.”
Last year, the sellers said they had a clear goal when building their home.
“It’s a unique property for the Illawarra; we did bring a Highlands flavour to the home,” one of the owners said.
“We didn’t want to go coastal or Hamptons [style], we wanted Australian [style].
“So trying to find that mix was really important to us, and I think we’ve achieved that as it’s a really beautiful home. You won’t find another property like this in the Illawarra.”
The suburb’s price record is currently held by the sale of 1 Alroy Street, Bulli for $5.03 million in March 2022.
Also, 10 Blackall Street and 18 Blackall Street sold for $5 million each in 2021.
The home at 14 Blackall Street changed hands for $4.9 million in October 2023, while 24 Point Street fetched $4.9 million in December 2022.