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Amazing Timelapse Video Shows Suburb Being Built Around Home After Family Declines $50M Offer From Developers

Amazing Timelapse Video Shows Suburb Being Built Around Home After Family Declines $50M Offer From Developers

Creating one's dream home is a lifelong endeavor for some, a sanctuary they won't easily surrender. In Sydney, there's a family who embodied this commitment, standing firm against immense pressure.

Their cherished property is part of a luxurious housing development located near The Ponds, a Sydney suburb where most houses share a striking resemblance. Enter the Zammit family, owners of this distinctive property, who've displayed unwavering resilience.

Amazing Timelapse Video Shows Suburb Being Built Around Home After Family Declines M Offer From Developers

A Sprawling Private Estate

This private estate is nothing short of spectacular. Imagine a sprawling 1.99-hectare expanse, with a driveway stretching 200 meters—a veritable modern-day castle. Valued at $50 million back in 2010, one can only speculate about its current worth.

David Zammit, at 51, boasts ownership of a successful trucking company. Locals reveal a massive shed adorned with solar panels housing his fleet. The house offers at least five bedrooms, a triple garage, and even a DIY basketball court.

Amazing Timelapse Video Shows Suburb Being Built Around Home After Family Declines M Offer From Developers

While the estate features two entrances, the Zammits prefer to keep the front one accessible, enclosed by a 750-meter-long fence.

Nestled in northwest Sydney, the property boasts breathtaking views of the Blue Mountains and the Newnes Plateau while remaining conveniently close to downtown. Situated in The Ponds, near Sydney's Quake Hill, the estate provides ample space for outdoor gatherings, making barbecues here a delightful affair.

Dream Home- A Castle Between Monotony

The Zammit family is known for their friendly nature, always returning waves from the neighbors. The spacious surroundings bring a sense of security, and they proudly liken their home to a castle. Despite tempting offers from developers, they've clung to their dream rather than yielding to wealth.

Taylor Bredin, the real estate agent from Ray White Quarters Hill, acknowledged their tenacity, saying, "The fact that most people sold out years and years ago, these guys have held on. All credit to them."

He added, "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 meter block would get a million dollars."

While this Dream Home stands out conspicuously amidst the sea of two-story grey-roofed houses, the owners remain unfazed. It's nestled like a fortress among its neighbors. Despite numerous inquiries from local media outlets about their intentions, reticence, and unique choice of dwelling, the family has chosen not to respond.

Amidst their expansive plot of land, rapid development has transformed the surrounding area. Witness the takeover in this intriguing timelapse.