Home Real Estate Ingham family lists $10 million parcel of land

Ingham family lists $10 million parcel of land

The location is unbeatable.

Azal Khan

Digital Journalist, Your Money

Retail pioneer and Ingham chickens heir Robby Ingham and his wife Sarah have listed a parcel of coastal land on the market for $10 million.

‘Ocean Pines’ is a 40ha parcel of land in Gerringong, less than two hours’ drive from Sydney’s CBD.

The Inghams are only the third owners of the NSW south coast property, which has current development approval for a ten-bedroom residence designed by architect Nick Tobias.

Robby Ingham spent 35 years selling high fashion clothing in his own Robby Ingham stores, opening his first store in 1983 on trendy Oxford Street near Woollahra.

He helped introduce top global designers to Australia including Alexander McQueen and Helmut Lang, and his clothes were soon being worn by Sydney’s best dressed and famous faces.

Since closing his stores in 2015, Ingham opened The Well, a gym and cafe at Bondi Beach.

Ingham said one of the highlights of the property is the waterfront location plus proximity to the city.

“The DA approval is for an unbelievable state-of-the-art house.

“Once it’s built, it will become an iconic building although no one will be able to see it as it’s designed to blend into the site,” Ingham said.

“I walk out of my PwC Barangaroo accountant’s office and drive to 100 acres of heaven in an hour and 45 minutes.”

Once a dairy farm, Ocean Pines is fertile farmland on the highest point of Gerringong with 360-degree views of 60kms of coastline, as well as rural land and mountains.

Views from the Nick Tobias designed home that has approval for building on the site.

“Once this land goes, you’re not going to get anything else like this until you’re four hours down the coast. It’s the property of a lifetime, a chance of a lifetime.”

The parcel of land is listed for sale through Ray White Gerringong principal Neil Campbell.

Within two hours of the property going on the market, Mr Campbell received more than 100 emails and around 30 phone call inquiries.

“I’ve been selling rural property for 30 years and this is the only one I can truly say is unique,” he said.

“I’ve never seen anything like it. It’s the most spectacular beautiful property you’ve ever seen. It’s 100 acres too which is extremely hard to get on the coast and there’s not another property like it.”

Mr Campbell said the majority of interested buyers were Sydney-based and expats.

“It’s vacant beautiful farming land and nothing compares to it, particularly because it is vacant,” he said.

“You can’t find a like-rural property so this is really a one-off.”

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