Perched high on the ridgeline at Carool this magnificent property. Penny Ridge, is a 30 hectare haven, located just 12 minutes from Coolangatta International Airport. Sublime panoramic ocean and hinterland views forever along the coastline from South Stradbroke Island to Hastings Point NSW and west to Mt Warning offer an experience very rare to the Gold Coast.

This sanctuary features a Tuscan inspired main residence with open plan living, a two bedroom caretakers cottage, it’s own naturally landscaped 18 hole Golf Course, a licensed restaurant inclusive of a commercial kitchen, a 30 metre pool, a lawn tennis court as well as six beautifully appointed income producing guest bungalows each with an open fireplace.

Taking full advantage of the rich volcanic soils, the property boasts an array of produce including olive groves, a coffee plantation, a small vineyard, over five hundred citrus trees as well as seven hundred macadamia nut trees.

Apart from the current offering, Penny Ridge also has a range of Development Approvals in place including a 14 room hotel, additional bungalows, two bedroom apartments and a conference and spa facility.

Keep it as your own private retreat as the current owners have for the last 14 years or develop this position into your ultimate hinterland escape on the east coast.

The true delight of this spectacular property will become apparent with your first inspection.

Inspection by appointment only

DON”T MISS THIS OPPORTUNITY…PROPERTY WILL BE SOLD!!

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements