Family reject developers who build suburb around entire property – 10 years later, house’s value is astronomical

We’ve heard stories before about people defying ‘the man’, but one family in Australia seem to be taking things to a whole new level after rejecting any and all offers on their property.

According to reports, the family in question have repeatedly turned down developers, who went on to build an entire suburb on all the land bordering the property in question.

Undeterred, however, the owners of the Windsor Castle-style mansion claim they are unable to put a price on their special home. Reportedly, the Australian property features a 650-foot driveway and is surrounding by lush green gardens. It also has a panoramic view of the Blue Mountains.

Developers are said to be so desperate to purchase the land upon which the property sits, that they’ve made several big offers.

by Taboola

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And yet still the family say no…

Credit / 7News YouTube

As per reports, most of the neighboring blocks of land were sold off in 2012, during which time the property in question would have been valued at around $4.75 million.

10 years later, however, experts are claiming that the home might be worth as much as a staggering $50 million!

Taylor Bredin, a real estate agent with Ray White Quakers Hill, told 7News: “The fact that most people sold out years and years ago, these guys have held on. All credit to them.

“Depending on how far you push the development plan, you’d be able to push anywhere from 40 to 50 properties on something like this, and when subdivided, a 300 square metre block would get a million dollars.”

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