R&H
You are viewing an article that is not currently active

Old Leura Dairy is on the market for the first time since 1997

June 15, 2023
  • The Old Leura Dairy, dating back to the early 1920s, is a unique and highly sought-after property in the Blue Mountains, now available for sale by Expressions of Interest.
  • Being offered to the market with “Expressions of Interest” and offers a broad range of commercial and lifestyle buyers an exceptional opportunity.
  • According to the listing agent, Brenton Ebzery, Director Raine & Horne Leura, hospitality/tourism businesses have never been more sought after.

The unique and highly sought-after Old Leura Dairy property, with a rich history dating back to the early 1920s, is now being offered for sale by Expressions of Interest, with a price expectation above $6 million.

The development commenced in 1997 using recycled materials, this unique Blue Mountains property which now offers boutique accommodation, has never been offered to the market until now and will involve the sale of three separate lots located at 61 & 63 Kings Road, Leura and 36 Mount Street, Leura in one line. The three titles once comprised portions of the Old Leura Dairy.

Brenton Ebzery, the Principal of Raine & Horne Leura and the listing agent for the property says this rare property offers a broad range of commercial and lifestyle buyers an exceptional opportunity to own a one-of-a-kind piece of Blue Mountains history.

“This property could be sold in three separate lots. However, the vendor’s preference is that the entire site be sold in one line and as a going concern,” Mr Ebzery said.

“This preference makes sense because the property is achieving high occupancy rates, and there is a shortage of holiday accommodation in the Blue Mountains.”

"With the easing of the pandemic and the return of international holidaymakers, the vendor anticipates an increase in annual turnover this financial year, stated Mr Ebzery.

“The Blue Mountains Council is also attempting to cut the number of days an owner can Airbnb their property from 180 to 90 days. This regulation will prove a boon for the incomes of accommodation specialists in this region, such as the Old Leura Dairy.”

He further added, "The Old Leura Dairy is equipped with a dedicated team responsible for its management and maintenance. The new owner will have the option to decide whether they wish to be actively involved in the business or not."

A harmonious fusion of 1920s charm and modern design

The Old Leura Dairy offers a collection of six exquisitely crafted dwellings surrounded by meticulously landscaped 3184 square metres of grounds. The selection of dwellings includes the original 1920s Workers Cottage. Mr Ebzery said the delightful weatherboard building has been expertly renovated to become a captivating 3-bedroom retreat, exuding charisma and charm.

The cottage boasts many quaint features, including fence-paling walls, handmade furniture crafted from lining boards, and original "old time" pieces. The ambience is further enhanced by the presence of timber floors, stained glass windows, and a colour scheme that blends soft pastels and bright hues. The main bedroom, complete with an open fireplace, provides a truly enchanting atmosphere.

Following the renovation of the Workers Cottage, the five-bedroom Straw Bale House and a one-bedroom Studio was constructed. Subsequently, the restoration of the Milking Shed took place, providing accommodation for up to four individuals. The two-bedroom Moo Manor was built. Additionally, there is the Buttercup Barn, featuring a loft that can comfortably accommodate three people.

Mr Ebzery said that after the completion of the redevelopment in 2008, the Old Dairy transitioned into a commercial accommodation facility, providing holiday accommodation and catering services for groups, celebrations, and corporate retreats.

Diverse buyers eager to acquire Old Leura Dairy

Considering the high demand for holiday accommodation opportunities in the Blue Mountains, Mr Ebzery anticipates that corporate booking agencies will lead the charge of interested buyers vying to acquire the Old Leura Dairy.

In addition, Mr Ebzery foresees interest from wedding and function centre operators and local hoteliers based in the Blue Mountains.

“Furthermore, there is a possibility that a conglomerate of friends and families may pool their resources to acquire the property for private holiday accommodation,” he added.

“Community or religious groups are also likely to show interest, given their search for accommodation options in the Blue Mountains.”

Mr Ebzery continued, “This property is the perfect investment opportunity, providing both a luxurious and tranquil escape from the hustle and bustle of city life, as well as a strong potential for rental income.

“With its proximity to Leura village and the famous Blue Mountains National Park, the Old Leura Dairy is sure to appeal to a broad range of buyers.

"We are thrilled to offer the Old Leura Dairy property to the market for the first time since its development in the early 2000s as this is a rare opportunity to own a piece of Blue Mountains history and a stunning lifestyle property in a highly sought-after location."

Expressions of Interest offers for the Old Leura Dairy property should be issued in writing to [email protected] or call 02 4784 2622.