Sweetwater falls firmly into that category where if you have to ask, you certainly can’t afford it.
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Still think you might have what it takes? Try $30 million.
But it doesn’t hurt to dream – as the very private vendors dared to when they built this European-style chateau in Hunter Valley wine country.
Sweetwater Estate is the product of 20 years love and toil.
Nestled among quality vines and a productive olive grove stands what is essentially a castle and it doesn’t so much boast rooms as it does guest wings.
There’s the requisite private wine cellar, dining hall and even a boat shed.
It includes permission for functions and has provision for a cellar door if the investor can be bothered to recoup any sort of return.
“It will almost certainly become someone’s private residence,” Jurd’s Real Estate principal Alan Jurd said.
“It will be someone with international money who needs a Sydney base but wants a place to show off to friends.
“It’s the same sort of person who buys a Rolls Royce when a Toyota Camry does the exact same job.”
Any property of this nature requires a serious marketing campaign when so few have the required bankroll.
The online video tour, complete with flute soundtrack, spans four minutes and transports the viewer to another place.
It could be Europe or it might be denial.
In reality it may as well be Monopoly; do not collect $200, do not pass go.
“It’s a very small market but the same goes if you want to buy something like this,” Mr Jurd said.
“Initially, the reaction is ‘how could you spend that?’
“But the three people who have been through it can see exactly how much they’ve spent it.”
In Mr Jurd’s opinion there’s no other property like it in regional Australia when so many people who strive to build something of this scale fail.
“They [potential buyers] have seen plenty of replicas but you can see what they are and when they’ve run out of money,” he said. “This one’s complete.”
Frankly, there’s cheaper retail therapy in a bottle of Sweetwater Hermitage, minus the financial hangover.
Sweetwater facts:
- 49 hectares (122 acres)
- Eight bedrooms
- 10 bathrooms
- Three powder rooms
- Six-car parking
- Four juliet balconies
- Day spa
- Cellar door with apartments
- 16ha of Shiraz, Cabernet and Semillion
- Six dams, 152-megalitre water licence