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Press Release

Prestigious 1800’s Sydney Accommodation Opportunity for Sale by HTL Property & RWC After 50 Years Continuous Ownership

Specialist national brokerage firm HTL Property, in conjunction with Ray White Commercial, is proud
to present to market Mowbray Park Farm Stay; a truly rare accommodation opportunity located
within 90 minutes drive of the Sydney CBD.

The four week campaign will be steered by HTL Property National Director, Andrew Jackson
alongside Samuel Hadgelias, Managing Director of Ray White Commercial (SC). The directors are
excited to test the market with such a unique offering, and expect a diverse range of interest for the

Mowbray Park Farm Stay is abundant with history, dating back to 1822 during the formative years of
European Settlement. Originally a pastoral Property, then a sanctuary for returning WWI soldiers,
the BHP headquarters for a short period, and today it is a family home and successful tourism
business. Since the 1970s, the Couch Family has been creating a legacy they now wish to pass on
to an astute buyer.

The Property currently operates a spacious colonial homestead boasting 10 ensuite bedrooms, 5
freestanding lodges/cottages ranging from 9 to 3 bedrooms each and a neat groundskeeper
residence. There is potential for a sixth lodge to be added to the letting pool post renovations, as
well as the groundskeeper’s residence and some of the supporting farmwork buildings.

The accommodation offering is complemented by a conference and dining hall with commercial
kitchen, wedding reception venue with a 150 person capacity, swimming pool, tennis court, football
field and reception with offices as well as numerous supporting farm buildings and working farm

“This is my family home where all my seven siblings and their families regularly come together,
some still live here. We have always operated on the basis that family comes first and as a
consequence the business isn’t run to full potential. We’ve been reluctant to over capitalise or over
develop beyond the simple, family charm that we grew up with and that we love. But now with our
parents gone, we want to pass on this incredible family asset and its untapped potential,” said Peter
Couch, speaking on behalf of the Couch Family.

Mowbray Park Farm Stay occupies a substantial 69.3 hectare freehold landholding on the fringes of
Metropolitan Sydney. The Property offers a myriad of development and expansion opportunities in
the form of building out the accommodation inventory, streamlining the events package offering,
repositioning towards a luxury, boutique market, creating a state-of-the-art tourism facility or
events/entertainment destination.

“It will be interesting to see what some of our hotel and leisure clients envision for this asset”
commented Andrew Jackson, National Director of Accommodation Brokerage at HTL Property.
“The property lends itself to so many angles, not least of which being dedicated promotion and
relaunch to scale up to full capacity; and which hasn’t been the case for some time while members
of the ownership group were occupying parts of the property for their primary residence” Jackson

“This could be a truly iconic tourism asset, one that I imagine would be hugely popular with the
inbound markets, which we are now benefiting from the return of post pandemic” Jackson advised.
“The huge landholding in this location will no doubt also fuel interest with investors appreciating the
underlying landholding, in a rapidly transforming region of Sydney which will underpin the value in
the longer term” Jackson concluded.

“Forecasts for the Wollondilly Shire are for a 67% population surge to exceed 90,000 within the next
20 years. Whereby 16,000 new dwellings will be needed. This is an unparalleled location, its
metropolitan proximity and strong growth projections will underpin land value for well into the future”
commented Samuel Hadgelias, Ray White Commercial (SC) Managing Director.

“Mowbray Park Farm Stay is within a 1.5hrs drive of the Sydney CBD and International Airport, and
will be within 45mins drive to the soon-to-to-completed Western Sydney Airport and Aerotropolis.
Major highways as well as the M5 and M7 provide excellent connectivity; its convenient accessibility
makes it the ideal weekend getaway or events destination” Hadgelias continued.

“This is a once-in-a-lifetime opportunity. Some 70 hectares of land in one of Australia’s fastest
growing regions. And with an existing business plus incredible potential for development and
expansion, we are expecting strong interest in this property” added Hadgelias.

“Investment demand for well-located accommodation assets remains strong, particularly in the
Sydney region. The Sydney market trading conditions have continued to trend positively and we are
now enjoying the return of the inbound visitor markets; which will continue to drive this growth”,
concluded Andrew Jackson, HTL Property National Director.

The International Expression of Interest campaign for Mowbray Park Farm Stay concludes on
Thursday, 20 June 2024.


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