One of the most coveted pieces of motorsport real estate in Australasia, and maybe the world, is up for sale over the ditch, and tipped to sell for around $6million.
Number 448 on Conrod Straight (yes, that Conrod Straight) has been listed for sale by Bathurst’s local Professionals Bathurst real estate agency. After having one owner for over three decades, the property went up for sale in 2019 and now it’s back on the market once more.
Much more than just a house next to a track, the property — named ‘Lochinvar’ — covers 89.5 acres. There’s one four-bedroom home and three self-contained two-bedroom cottages on the property — previously used as a bed and breakfast, and occasionally as a wedding venue.
Its size makes it the largest privately held block of land on Mount Panorama. One other big benefit is that it’s accessible from College Road behind it, meaning that those residing at the property can drive in and out as they please during Bathurst 1000 weekend; as opposed to being locked in by the race track.
The main house comes with a wood fire and a verandah built for residents to soak up the Mount Panorama view. The three cottages, meanwhile, all come with two sizable bedrooms with ensuites, and are sold fully furnished.
“‘Lochinvar’ boasts the largest Circuit frontage of any properties on Mount Panorama with 288m of track frontage for primal viewing during major track events throughout the year,” says Professionals Bathurst.
“It is the largest private land holding on Mount Panorama. It is also the only privately owned property that has independent access from College Road 24 hours a day, 7 days a week regardless of what events are happening on the track.
“The gardens surrounding the residences have been exquisitely landscaped and maintained to become a sought after venue for weddings and events for people within the community and afar. It also houses a large 20 meter x 12 meter shed with additional workspace and garden shed.”
While pricing isn’t referenced by the real estate agents, it’s worth noting that the same property was listed in 2019 for AU$5,750,000, meaning that it’s likely to still command a similar price today.