Property Watch: Merewether and Kotara properties offer enviable lifestyle

One is being marketed as “Merewether’s most prestigious block of land” while the other “a resort-style acreage moments to the city”.

WHAT A VIEW: This home in Charlotte Street, Merewether is set on a 2302 square metre elevated block with a stunning outlook.

WHAT A VIEW: This home in Charlotte Street, Merewether is set on a 2302 square metre elevated block with a stunning outlook.

Both are considered “once in a lifetime” properties and definitely have a “wow” factor.

Robinson Property’s Mike Flook has listed 28 Charlotte Street for sale through expressions of interest and described the 2302 square metre elevated block of land as “arguably one of the best blocks that has been released in Merewether in a long time”.

“It has a north-facing aspect and 270-degree views over all of Newcastle, up to the Bay and along the Merewether coastline,” Mr Flook said.

“It is for someone wanting the seclusion and prestige of Charlotte Street to build that massive dream home but it also presents multiple development opportunities. You just don’t see those size blocks come to the market.”

The property has been in possession of the current owner since 2009 and has a three-bedroom residence which is being leased for $750 per week.

The property is expected to fetch a price of in excess of $4.25 million and has attracted plenty of interest since hitting the market on November 2.

First National’s George Rafty is marketing 203 Grinsell Street, Kotara through an expressions of interest campaign with a price guide of $2.8 million to $3 million.

The property is 5685 square metres and has been in the same family for nearly 40 years. The owner grew up there and described it as a lifestyle property.

It has an immaculate four-bedroom residence with two bathrooms and parking for eight vehicles. There is a synthetic grass tennis court, where many a family battle have been fought over the years, as well as a fully covered saltwater pool, entertaining options and leafy bushland surrounds.  There is even room for a dirtbike track.

It has a gated entry and second access off Gregory Parade and enjoys being centrally located to Newcastle and Lake Macquarie.

PRIME POSITION

A parcel of vacant land in a sought-after address will be auctioned on site in December.

The piece of land at 23 Shortland Esplanade, Newcastle East is 144.9 square metres in size and has a stunning ocean outlook.

It has been listed by Walkom Real Estate and will be taken to auction on December 2 by Greg Handsaker.

HISTORIC PATERSON

A well-known property in Paterson’s main street has hit the market and will be taken to auction by McGrath Estate Agents’ Charlie Lund on December 16.

Built in 1902 and formerly the Commercial Banking Company of Sydney, the stunning residence at 19 King Street is on a 1565 square metre block and is being run as a B&B with a fully licensed bar and commercial kitchen.

DOUBLE OFFERING

Two back-to-back properties in Wallsend being sold through expressions of interest by Elders Real Estate’s Sue Odgers is expected to appeal to developers. 

The properties at 47 Robert Street and 5 Low Street offer a total land size of 1308 square metres, two street frontages and an R3 medium density zoning.

DEEP WATERFRONT

A near-new five-bedroom home at 73 Dandaraga Road, Brightwaters on 1391 square metres has attracted plenty of interest from Sydney buyers.

First National Toronto’s Lucy Vetrano said it offers a deep water frontage and a shared jetty which can accommodate a 50-foot boat.