PROPERTY: Belle of Belmont Market

BELMONT Market Place is to be redeveloped as one of the biggest residential apartment buildings in Lake Macquarie in recent times.

Demolition of the old building will commence shortly, but marketing of the apartments, which are to be sold off the plan, starts today at 11am.

On the Pacific Highway at the corner of Ernest and Macquarie streets, they will be known as The Belle Apartments. A display suite, which is an exact representation of a one-bedroom floor plan, will be open in Ernest Street.

When complete, The Belle will contain six large retail commercial suites and 113 residential apartments with 26 floor plans in studios and one-, two-, and three-bedroom configurations.

It will be built by the same construction company that developed The Deck Apartments on Brooks Parade, Belmont.

Base Build, headed by Scott Shafren, will construct the building.

Base Build also constructed the Harbourview Apartments in Scott Street, Newcastle, a few years back.

Mr Shafren told Domain The Belle would be a completely new building with key emphasis on quality and value for money.

"I wouldn't build anything I wouldn't live in myself," Mr Schafren said.

He envisages the six commercial suites as a restaurant/coffee-shop strip along the highway and Macquarie Road where the cenotaph is.

L. J. Hooker Belmont agent Joshua O'Doherty, who is marketing the development, said prices would start from $249,750.

Every apartment has bathrooms tiled to the ceiling, reverse-cycle airconditioning, stone benchtops, two-pack polyurethane kitchen cabinets and an integrated dishwasher. The building has security access.

Rare find in Mayfield East

A MAYFIELD East home in tree-lined Kitchener Parade, ideal for inner-city family living, is on the market.

Anna and Scott Donoghoe bought 19 Kitchener Parade five years ago for its proximity to the city and large 602-square-metre block, which sits behind a heritage-look steel fence.

The house had been renovated just before they bought, but they decided to give it a facelift by polishing the timber floors, refurbishing the en suite to the main bedroom, landscaping the gardens and repainting the exterior.

Anna said the couple loved the street but her husband needed more space to operate his home business.

They will move to a four-bedroom home in Adamstown.

PRD Newcastle and Lake Macquarie director Mark Kentwell has listed the home for offers over $499,000.

"The large double garage and workshop is a rare find in the area," he said.

Lakeside retreat with views

RETIREES Allen and Barbara Read have just listed their Eleebana home of 14 years for sale through McGrath Warners Bay agent Anthony Di-Nardo in order to downsize.

Allen was a civil engineering manager for Lake Macquarie City Council for 18 years, and Barbara was a senior insurance broker for Markey Newcastle.

Their four-bedroom, two-storey home at 1 Toonibal Avenue is an ideal lakeside retreat boasting stunning views over Lake Macquarie and Valentine marina.

The quiet cul-de-sac location is footsteps to Eleebana cycleway.

The property goes to auction on November 3 with expectations of between $625,000 and $700,000.

Fully renovated in Merewether

REAL estate agent Lyndall Allan of Robinson Property and husband Rhys, an earthmoving company mechanic, are selling their Merewether home.

Marketed through colleague Mike Flook, the stunning three-bedroom period home has been fully renovated.

Surrounded by a low-maintenance yard and tropical gardens, it is set in a quiet location at 61 Ulick Street. The house will be auctioned on November 3, on site, at 11am. Bidding is expected from $500,000.

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