UPDATE: A historic estate on the Burraneer Peninsula is on the verge of breaking home sales records in the Sutherland Shire. The property, known as Wedderburn, is now on the market, with an anticipated sale price that could exceed the current record of $22.5 million set by Highland Property.
Located at 1 Eurabalong Road, Burraneer, Wedderburn is listed by David Highland, CEO of Highland Property, who previously sold the $20 million record-breaking property at 333 Woolooware Road. This estate has remained in the same family for over 70 years, making it a unique offering for potential buyers and developers alike.
Wedderburn spans an impressive 5467 square metres and comes with development approval for subdivision into three stratum lots. Highland emphasizes that this property presents a “unique and rare opportunity for both developers and residential buyers,” hinting at an expected “great result.”
Originally part of a 169-acre grant to James Wilson in 1862, the land has a rich history. In the 1920s, it was acquired by Marcus William Oldham, who commissioned renowned architect James Peddle to design the home now known as Wedderburn. Built around 1920, the estate showcases a blend of English “Arts and Crafts” and American “Craftsman” architectural styles.
Wedderburn is strategically positioned to capture year-round sunshine and coastal breezes, offering direct deep-water access and breathtaking views of Gunnamatta Bay. The estate features exquisite craftsmanship, from its high-pitched terracotta roof to its intricately designed leadlight windows.
The home’s centerpiece, a grand living hall, boasts a stunning timber-detailed Inglenook fireplace and a grand staircase leading to two upper-level bedrooms, one of which opens to a private balcony overlooking the serene waters.
The eastern side of the property offers a stunning array of terraces, sandstone pathways, and beautifully landscaped gardens that cascade towards the waterfront, enhancing the intimate connection to the bay. The original sandstone boatshed, situated at the foreshore, adds to the estate’s charm.
Given the escalating interest in luxury properties and the prime location, this sale is generating buzz among potential buyers and investors. As the market continues to evolve, all eyes are on Wedderburn to see if it will indeed set a new record for the Sutherland Shire.
Expect more updates as the sale progresses and potential buyers vie for this extraordinary piece of history. Stay tuned for the latest developments in this unfolding story!
