Property of the Week | 8/8 Ambrose Street, Carey Bay

Spectacular water views and low-maintenance living define this Carey Bay penthouse overlooking Lake Macquarie.

The two-bedroom apartment is one of two penthouses in the complex of eight and offers spectacular views from its living areas and the master suite.

It has a large terrace garden as well as a covered entertaining area.

Agent Paul Wrigley, of Ray White Toronto, is marketing the home at 8 Ambrose Street with a price of $1.25 million.

He said early interest had come from Newcastle, Sydney and locally and the home’s biggest appeal was being a waterfront property without a workload.

“The big blocks out there have plenty of maintenance and upkeep,” he said.

“This is a waterfront without the maintenance and interest has come from people living on the water looking to downsize.”

The aspect is another drawcard, with a choice of indoor and outdoor spaces to enjoy the expansive views.

The home has open plan lounge, dining and family area. There are high ceilings, a designer kitchen with Miele appliances and plenty of storage.

Both bedrooms are generous in size and the master has an ensuite and walk-in robe.

There is secure undercover parking for two cars and side driveway access to the water and a shared jetty and boat ramp.

It is positioned within walking distances of Toronto’s Central Business District, cafes and restaurants and baths.

Viewings are by appointment.