John Hewson's Southern Highlands estate passed in no bid

John Hewson's Southern Highlands estate passed in no bid
Jonathan ChancellorApr 17, 2016

There were no bids when Invergowrie, the Tudor-style NSW Southern Highlands estate, offered by the former Liberal politician, turned businessman and commentator John Hewson, went to weekend auction.

The seven bedroom Exeter house, that comes with studies, library, ballroom and billiard room, dates back to the 1930s when built for the BHP industrialist Sir Cecil Hoskins.

The Richardson & Wrench auctioneer Geoff Speers sought bids at $7 million for the 10 hectare estate that last sold for $5.5 million in 2004.

"This is an extraordinary estate," the auctioneer said.

Hewson has had an ongoing love of things Tudor. His first home in the Highlands was Redlands, also Tudor-style and in Paul Sorenson gardens, which he bought for $106,000 in 1977 and sold for $380,000 in 1985, just before he became the Federal Liberal Party leader with the red Ferrari.

Hewson and his wife, Jessica Wilson, who had Invergowrie listed through Michael Maloney at Richardson & Wrench Bowral, want to move closer to Bowral.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.