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Greenvale's historic Yarrabee farm reaps speculated $25m from developer

Property Markets / Transactions


May 12 2017

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Marc Pallisco, The Sydney Morning Herald

A lucky Greenvale farm owner is speculated to be more than $25 million richer after offloading a historic 16-hectare property to a residential developer.

Yarrabee, on Somerton Road, opposite Greenvale Reserve and near Greenvale Reservoir, was surrounded by rural properties in 1976, when the vendor purchased it, but today it is abutted by the Heritage Views housing estate, which is under construction.


Go to The Sydney Morning Herald to read the full story.

SOURCE: The Sydney Morning Herald


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