US-based racer purchases $1.6m Bathurst property

Australian racer and businessman Kenny Habul, who is based in North Carolina, is confirmed to have been the buyer of 489 Conrod Straight, Mount Panorama.

1w ago

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It's fairly safe to say that Mount Panorama is Australia's most famed motor racing circuit, with the Bathurst 1000 that's staged there being one of the most storied events on the motorsport calendar, but while just five times a year the circuit is closed off to stage races, the rest of the time it's actually a public tourist road littered with homes that are often held onto by families for generations.

Earlier this year though, one such home was listed for sale for the first time in 88 years, and it has now been confirmed that the 17-acre property at 489 Conrod Straight was sold for $1.6 million to a buyer, who at the time of the sale went unnamed.

The real estate agent that handled the sale, Raine & Horne Bathurst director Grant Maskill-Dowton, confirmed to the Western Advocate that the buyer of the $1.6 million property was a US-based Australian racing driver who had themselves competed in the Bathurst 12 Hour endurance race.

The six-bedroom, three-bathroom home at 489 Conrod Straight, Mount Panorama is located on 17 acres of land across two titles. (Photo: Raine & Horne Bathurst)

The six-bedroom, three-bathroom home at 489 Conrod Straight, Mount Panorama is located on 17 acres of land across two titles. (Photo: Raine & Horne Bathurst)

While at first, Motorsport.com speculated that it put "the likes of Kenny Habul and David Calvert-Jones on the short list of candidates" that could have bought the six-bedroom, three-bathroom Mount Panorama home, it has now been confirmed that the website was indeed on the money with its first prediction, with Speedcafe.com confirming that Kenny Habul was indeed the mystery buyer.

Although 489 Conrod Straight is now off the market, those looking to snatch up some real estate at one of Australia's most famous addresses do still have another opportunity currently, with 505 Conrod Straight also currently for sale, with pricing suggested to be between $3.1-3.5 million.

The timing of the announcement of number 489's new owner is convenient, as the Bathurst 1000 race weekend is well under way currently, with the main event on the Supercars Championship calendar staged to take place this Sunday October 18 at 11:30am AEDT (12:30am UTC).

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Comments (3)

  • Well, this what I would call ultimate "work-from-home" arrangement.

      6 days ago
  • Maybe he’ll buy the rights to Holden... wouldn’t that be just peaches & cream?

    Right - carry on lads

      6 days ago

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