A landmark property on Mount Panorama’s Conrod Straight is generating buzz among motorsport enthusiasts and luxury property buyers alike. Scheduled to go under the hammer on 17 November 2023, the five-acre estate at 457 Conrod Straight in Bathurst, New South Wales, is being offered with a price guide of $5 million.
Grant Maskill-Dowton, Director of Raine & Horne Bathurst, is overseeing the sale of this unique property, which he describes as “a rare opportunity to own a piece of iconic Australian racing history.” The property’s allure lies not just in its prime location near the famed Mount Panorama racing circuit but also in its modern luxuries.
“The property has breathtaking views of Mount Panorama, home to historic racing events like the Bathurst 1000 and Bathurst 12 Hour. But it also offers a peaceful retreat surrounded by the tranquillity of the countryside and the historic town of Bathurst,” said Mr Maskill-Dowton.
This is not just any property near a racetrack. The estate consists of a main house and a separate four-bedroom guest cottage. Both residences have been meticulously designed to offer luxury living. The main house features:
- An open-concept kitchen
- A chef’s kitchen with high-end appliances
- A media/theatre room
- A 15-metre lap pool
- A dedicated study/home office with custom cabinetry
- Seamless indoor/outdoor entertaining areas
Additionally, the property is well-equipped with amenities like landscaped grounds, established gardens, a large reflection pond, and a robust water supply system comprising town water, a 131,000-litre water tank, a bore, and an Ecco septic system.
The guest cottage is not only perfect for hosting friends and family but also offers the potential for generating rental income, particularly during race weeks. It comes with a deck entertaining area featuring a BBQ and panoramic views over Bathurst.
Maskill-Dowton expects the property to attract both local and international buyers, especially given his past success in selling a neighbouring property to an international racing car driver. “It’s well-priced, considering several nearby properties sold for between $3.6 and $4.2 million but don’t match this property’s calibre,” he added.
Potential buyers keen to arrange a private inspection are encouraged to contact Grant Maskill-Dowton of Raine & Horne Bathurst directly due to the property’s unique location.
With its rich racing legacy and modern luxuries, 457 Conrod Straight is not just a home; it’s a lifestyle and a once-in-a-lifetime opportunity to own a piece of Australian motor racing history.