The tightly held Mimosa Park is expected to fetch a healthy eight figure sum for its long-term owners.

Key points

• An iconic coastal acreage 'Mimosa Park' at 265-266 Mimosa Park Road, Via Milton, Morton will go under the hammer for the first time in over 60 years.
• The property is expected to sell for a significant eight figure sum to either a well-heeled executive or entrepreneur seeking a home away from home.
• The property, which is being marketed by award-winning agent Ben Pryde Director, Raine & Horne Mollymook/Milton offers 738 acres with over 500 arable acres of dairy land and has a carrying capacity of an average of 450 cows and calves.

Milton NSW (11 November 2022) The real estate market on the South Coast of NSW will start the new year with a bang with the news an iconic 'Mimosa Park', a trophy coastal acreage near the historic town of Milton will go under the hammer on 25 January 2023. 

According to listing agent Ben Pryde Director, Raine & Horne Mollymook/Milton, the iconic property set on 738 acres of sprawling pastures, including over 500 arable acres of dairy or beef cattle country, has a price guide of a significant eight-figure sum. However, the property could change hands for a significantly higher price.

“The price could vary widely based on comparable recent sales in this region,” Mr Pryde said. 

Once-in-a-lifetime buying opportunity

Much loved and cherished, and held in the one family for over 60 years, prestigious 'Mimosa Park symbolises Milton’s best.

“It will sell as a possibly once-in-a-lifetime opportunity to the successful bidder, who will either be a well-heeled executive or entrepreneur,” Mr Pryde said.

“The buyers won’t necessarily need a farming background but an interest in owning a rural property.”

Mr Pryde continued, “We have fielded plenty of enquiries and have already shown 'Mimosa Park to several interested parties.

“We believe the buyer will be looking for a trophy property that is a home away from home or a principal place of residence.  

“The property may also appeal to farmers downsizing from massive properties in western NSW who want to maintain an attachment to the land but within a stone’s throw of the coast. 

“There’s also an outside chance a business from the retreat industry might see value in this property.” 

Current commercial operation

Currently operating as a thriving beef cattle enterprise, Mimosa Park has a carrying capacity of an average of 450 cows and calves. 

The property is well-watered by seven dams, five troughs, several natural springs, and spring-fed creeks, including the meandering Boyne, Knights Creek, and Stockyard Creek. 

 Mr Pryde noted, "This is quality dairy country with over 500 arable acres and good weed control practices.

"Unquestionably, this is coastal beef cattle farming at its finest.”

The property is separated into 27 paddocks with laneway systems and 4-5 strand barb fencing. 

South coast lifestyle at its finest 

The magnificent coastal acreage has two modest farmhand cottages. However, Mr Pryde recommends that there is significant potential to design and build a phenomenal dream homestead with sweeping panoramic rural and mountain vistas. 

 "Situated in big sky country, Mimosa Park will enable its new owners to experience the most amazing sunsets over Pigeon House Mountain and The Castle or the clearing mist above the neighbouring State Forest and Morton National Park. 

"The superb property is wrapped with tall stands of native forest and has spectacular views of the Budawang Ranges."

This rare acreage is close to Mollymook's world-class beaches, restaurants, golf courses, and Milton's boutique shopping, art, culture, and café strip.  

Milton's most iconic and sought-after Mimosa Park 265-266 Mimosa Park Road, Via Milton, Morton is to be auctioned on Wednesday at 6:30 pm, 25 January 2023, at the Ulladulla Civic Centre (opposite the harbour).

 To obtain an Information Memorandum for this genuinely impressive Milton rural holding or to organise a private inspection, contact Ben Pryde of Raine & Horne Mollymook/Milton on 0410 324 209.