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3382 Old Northern Road, Glenorie

'12.5% Potential High Yield Return' This exceptional 40+ acre property with wide open spaces, and stunning direct Blue Mountain views, also boasts one of Sydney's landmark 3 level Chateaus. The land is zoned RU2 Rural Landscape and provides a wealth of opportunity both as an iconic large, magnificent home, and also has the potential to yield substantial commercial returns in the vicinity of 12.5%. A unique portfolio investment property with residential and commercial possibilities including strong and consistent demand for ‘entertainment industry’ high income filming, television shows, promotional campaigns, seminars, programmes and a wide variety of demand from big name producers to showcase events. With tangible entertainment potential, to host dinner parties, product launches, and elite gatherings, this property is an outstanding investment opportunity. Commercial options with Council approval include a Health Retreat, Bed and Breakfast, Event Centre, Rehabilitation Centre, Health Consulting, Registered Training Organisations (RTO), Entertainment venue, Function centre ready to be transformed for the next event and zoning which includes land subdivision options. (Subject to council approval) Standing prominently yet the accommodation is extremely private, peaceful and tranquil, the property boasts an abundance of wildlife in the adjoining National Park where you will never be built out. A plethora of recreational activities to enjoy from swimming, croquet, boules, kite flying, soccer matches, bush walking, foraging, natural Australian bush surrounds and breathtaking mountain views. On entering through the double front doors, facilities include a regal entry with sweeping staircase, multiple formal and informal areas, an exceptionally well appointed kitchen with state of the art appliances and a generous butler’s pantry. Featuring a large open plan design with natural light, opening bi-fold doors promote the indoor outdoor grandeur of the piano lounge with full sized granite bar, fireplace, elevated ceilings moving through to the open plan family and living areas. A multi bedroom master suite with kitchenette, and a balcony which overlooks the pool reveals stunning views to the Blue Mountains. Boasting multiple entertaining areas, including a grand ballroom, complete with caterer’s kitchen, and dance floor, substantial formal and informal living areas, a second fireplace, a sauna, and a purpose built theatre with 3 levels for tiered seating. Featuring 4 powder rooms, 8 bathrooms, and configuration for 8 bedrooms, this property has the potential to suit the best of both worlds in residential and commercial offering. Guests can easily arrive by helicopter or direct by car from the CBD in under an hour. In addition the direct neighbouring property on 40 acres at 3340 Old Northern Road, Glenorie is available for sale: https://www.lumbyhampson.com.au/real-... • Three-level mansion set on approximately 43 acres • Grand entry hall and grand ballroom • Purpose-built home theatre and large casual living room • Indoor and outdoor entertaining • Location of exceptional tranquillity and rich natural beauty • Approximately 55 minutes to Sydney CBD • Potential for high-yield return Hills Shire Council Zoned RU2 Rural Landscape Permitted without consent Bed and breakfast accommodation; Extensive agriculture; Home occupations Permitted with consent Animal boarding or training establishments; Aquaculture; Artisan food and drink industries; Boat building and repair facilities; Boat sheds; Building identification signs; Business identification signs; Camping grounds; Caravan parks; Cellar door premises; Cemeteries; Centre-based child care facilities; Community facilities; Correctional centres; Crematoria; Dual occupancies (attached); Dwelling houses; Eco-tourist facilities; Environmental facilities; Environmental protection works; Extractive industries; Farm buildings; Farm stay accommodation; Flood mitigation works; Forestry; Garden centres; Health consulting rooms; Helipads; Heliports; Home-based child care; Home businesses; Home industries; Information and education facilities; Intensive plant agriculture; Landscaping material supplies; Liquid fuel depots; Markets; Places of public worship; Plant nurseries; Public administration buildings Call Kate to arrange an inspection. Kate Lumby 0414 620 222 Winner Australian Sales Campaign of the Year 2020 Winner Australian Diversity Boutique Agency of the Year 2019 Winner Australian Boutique Agency of the Year 2018 Winner Australian Auctioneer of the Year 2017 Winner Australian Auctioneer of the Year 2016 Winner Australian Real Estate Excellence Award 2016 Winner Australian Auctioneer of the Year 2014 Family Real Estate Agency Since 1968