Property Watch: An 1894 gem listed, a hot auction and some big Merewether sales

STEEPED IN HISTORY: This much-loved family home was built in 1894 and features four working fireplaces and 11-foot pressed metal ceilings.
STEEPED IN HISTORY: This much-loved family home was built in 1894 and features four working fireplaces and 11-foot pressed metal ceilings.

An historic home in Waratah has been listed for sale for the first time in 24 years.

The four-bedroom residence at 18 High Street set on a 885 square metre block was built in 1894 as part of Barratt Estate and retains many of its original features, including four working fireplaces and 11-foot pressed metal ceilings.

Peter Rumball relocated his young family to Newcastle from Sydney in the 1990s and was immediately drawn to the “massive home”.

“Our oldest was five and we basically made a cricket pitch for him and his mates to play on, the yard was that big,” Mr Rumball said. 

“It’s been a family home for a lot of the kids in that area.

“It’s just a grand home but it’s not pretentious. It was just a house that I fell in love with. It just had that family feel about it.”

Mr Rumball has restored as well as modernised sections of the home.

It has been listed for sale through PRDnationwide Newcastle Lake Macquarie and will be taken to auction by Mathew Luliano on November 8.

FABRIC HOUSE FAST-TRACKED

Such has been the overwhelming response to the release of the first two buildings in stage one of the East End development that Fabric House on Wolfe Street has been fast-tracked with sales opening October 14.

Fabric House is the final building of stage one and comprises 57 unique apartments.

Dane Crawford, Colliers International director of residential project marketing, said the art deco facade of Fabric House had been masterfully retained by architects Durbach Block Jaggers as a tribute to the city’s past.

“This art deco building, more than any other, signifies a brilliant integration of history and modern architecture,” Mr Crawford said.

ON SALE: An artist's impression of the interior of a boutique apartment in Fabric House, the third building in stage one of the East End development.

ON SALE: An artist's impression of the interior of a boutique apartment in Fabric House, the third building in stage one of the East End development.

It offers split level, New-York style loft apartments set in behind the east-facing heritage facade, featuring four penthouse-style apartments with views over the harbour and city.

The display suite at 185 Hunter Street, the former David Jones Building, will be open on October 14. Pricing will start from $490,000.

HOT AUCTION

A three-bedroom Tighes Hill home on 423 square metres exceeded the vendor’s expectations by $100,000, according to Donna Spillane of Belle Property.

There were nine registered bidders for the property at 69 Henry Street, which sold for $730,000 at auction on October 7.

BEACHSIDE SALES

Ben Robinson, of Robinson Property, said Merewether’s popularity continues with two premier residences sold above the $2 million mark in the past few weeks.

Mr Robinson sold the home of former Newcastle Knights player Jarrod Mullen at 23 Patrick Street for more than $2 million on September 20.

On Monday he sold 67 Frederick Street, a five-bedroom residence belonging to the owners of Snows patisserie, for $2.16 million.

DOUBLE DIPPING

A three-bedroom waterfront home with private jetty set on a level 1012 square metre double block on “the golden mile” of Coal Point is expected to be well sought after.

David Westerman of First National Toronto is marketing the property at 247-249 Coal Point Road and said interest had come around the $1.6-$1.7 million mark.

POPULAR SUBURB

McGrath Estate Agents’ Todd Mason said a three-bedroom home with a mixed use B1 zoning in New Lambton would appeal to a range of buyers.

The property at 37 Freyberg Street is within walking distance of the shopping village on Orchardtown Road and has a price guide of $685,000 to $725,000.