For years, the Zammit family defied developers begging them to sell. Now they're surrounded by new neighbours - but the eye-watering price tag on their five green acres of paradise proves they're the clever ones Zammit family own property in Sydney's north-west Family have received multiple offers to sell up READ MORE: Insane amount to buy a parking space in ritzy Sydney suburb By Eliza Mcphee For Daily Mail Australia Published: 10:26 EDT, 28 September 2024 | Updated: 10:29 EDT, 28 September 2024 e-mail 1 View comments Developers are now queueing up with huge cash offers to tempt the owners of a spectacular home to move out and let the bulldozers in after their five-acre property became surrounded by a high-density, new-build housing estate. The Zammit family's sprawling mansion on Hambledon Road, in The Ponds, in Sydney 's north-west, sits at the centre of a major development, with row upon row of dozens of identical houses squished up beside the property.
Experts put the price tag on the land at anywhere up to a breathtaking $60million in Australia's booming property market, but the defiant family refuses to sell. The Windsor Castle-style driveway is 200m long, while the home also has a huge barn out the back and a triple-car garage. It also boasts views across to the scenic Blue Mountains and is about a 40-minute drive to Sydney's CBD.
The Zammits have already turned down offers from developers that are reportedly as high as $40million - and every day brings new requests f.