Braidwood property built in the gold rush on the market
Foxhill, near Braidwood, is on the market with a $4 million price guide. Photo: Supplied

Historic Braidwood property 'Foxhill' built in the gold-rush era tipped to sell for $4 million

A restored Braidwood homestead that was built in the region’s gold mining era is being sold with a price tag of about $4 million.

The property Foxhill, about 20 minutes outside the Braidwood township, was built in 1859 as an inn for travellers between Braidwood and Araluen, a small town that was once a hub of the gold mining industry.

Situated on 194.25 hectares, the property was extensively renovated about 10 years ago, according to listing agent Kelly Allen, of Belle Property Braidwood, who said the owners restored it from being nearly “derelict”.

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A conservatory links the living and dining area with the master bedroom wing. Photo: Supplied

The homestead features a central lounge and dining room that is linked by a glass conservatory to the main bedroom suite.

“In my opinion, the combination of the granite stone, the wood and all that forged metal together gives it quite a unique ambience. The stone is certainly the highlight of this property. It interweaves and combines with the history of it,” Ms Allen said.

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The homestead interiors meld stonework with wooden floors and forged metal features. Photo: Supplied

The owners of 12 or so years – who had split their time between Braidwood and Sydney – had decided that now was the right time to move on.

The property also includes a separate freestanding building, The Gunnery, originally built as a secure hold to store the highly prized gold that was transported for sale in Braidwood.

The Gunnery is being used as a home office with upstairs loft bedroom and ensuite, but would ideal for use as Airbnb accommodation, according to Ms Allen.

More expansive hospitality ventures, including building an eco-resort, constructing “tiny house” style accommodation or establishing a farm-to-plate business could also be possible, she said.

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The Gunnery building could be used as guest accommodation. Photo: Supplied

The land, which is on a separate title, consists of undulating granite grazing pastures with 12 paddocks, each with water supplied.

The land can be used for farming – including cattle and sheep – with the potential to subdivide into 40-hectare blocks, subject to council approval.

Those subdivided blocks would be popular with the tree change crowd from Sydney and Canberra, and would likely sell for about $650,000 each, Ms Allen said.

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Windows in The Gunnery building were made deep to accommodate rifles. Photo: Supplied

Sydneysiders have been outnumbering Canberrans four-to-one in post-COVID-19 inquiries, she said, up from the two-to-one before the pandemic.

“We’re just seeing more on the ground from Sydney than we were before,” she said.

“There’s been huge demand, particularly because of COVID … the silver lining to COVID [for regional markets] is that everyone wants to leave the city.”

6748 Araluen Road is for sale by expression of interest, closing November 23.

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