The property developer Andrew Richardson has sold his Mittagong estate, Greyladyes. Source: realestate.com.au

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The Southern Highlands estate Greyladyes Farm secured a quick sale for veteran property developer Andrew Richardson and his wife, Lauren Peters.

The Peter Stronach-designed Mittagong home has been refreshed since last selling for $6.3m in 2020, just as the market was taking off with the push to lifestyle regions during the pandemic.

Word is the property sold for $13m. Picture: realestate.com.au

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There’s now new stables on its 9.8ha.

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Richardson, who built Sheraton on the Park, on Elizabeth St, in the early 1990s, had listed his retreat with a $15m guide in early December.

The word is that he took $13m for the home, set on the north side of Mt Gibraltar, minutes from Bowral and Mittagong.

The home had been listed with a $15m guide.

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The home sits on almost 10ha.

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It had been upgraded since being bought for $6.3m in early 2020.

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The house had been designed for Michele Arnott-Scamps and Dale Goodman, amid its native garden landscaping by Nicholas Bray.

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