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Newcastle Herald
Newcastle Herald
National
Renee Valentine

Offers expected over $3 million for rare harbourfront town home

Offers are expected over $3 million for 4/25 Honeysuckle Drive, Newcastle. Images supplied

Ryan Houston describes it as "arguably the best town home in Newcastle" and offers are expected over $3 million for the brand new harbourfront residence.

The PRD Newcastle and Lake Macqquarie agent is marketing the property at 4/25 Honeysuckle Drive (main picture and top right). It is one of only 10 town homes in Doma Group's Lume apartment complex, which sold out off the plan in five days in 2017.

"It's very special; there's no comparables," Mr Houston said.

"There's no town homes, north-facing over the harbour. It's a very unique offering with over 305 square metres of space, three-car lock-up garage and a two-storey town home looking over the water."

There are three bathrooms, a study, four bedrooms - three upstairs and a luxurious, ground-floor master suite with walk-through robe to ensuite featuring a freestanding bath - plus an island kitchen with a full suite of integrated Miele appliances, a choice of terraces and direct access from the triple garage into the home.

Lume features a communal rooftop barbecue terrace as well as a residents' only lap pool, fully equipped gym and sauna.

The property is set for auction on September 16. It will be open at 4.30pm on Thursdays and 9.30am and 3pm on Saturdays.

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Popular project

Mr Houston reported The Foundry at 300 Brunker Road in Adamstown was "powering on" with around 30 sales in the past 45 days and another 32 residences in the 83-apartment complex waiting for unconditional exchange. Construction on The Foundry is set to start in September.

Interest has come from local owner-occupiers - a mix of first home buyers, young professionals and downsizers. He said many buyers were taking advantage of government grants on offer and one-bedroom apartments in The Foundry has sold out.

An artist's impression of The Foundry at 300 Brunker Road in Adamstown. It is being marketed off the plan with construction set to start next month.

What's selling

Walkom Real Estate's Thomas Hook said there was good interest for a 1930s brick residence on a rare double block of land at 60 and 62 Elizabeth Street in Tighes Hill (pictured bottom right) before it sold at auction this month for $1.07 million.

The property was marketed with a guide of $990,000 to $1.08 million and Mr Hook reported 160 enquiries, 74 attendees and around 20 contracts issued throughout its four-week campaign. There were three registered bidders at auction.

There was good interest in this 1930s brick home a double block in Tighes Hill before its $1.07 million sale at auction.

John Kerr, of Dalton Partners New Lambton, sold a one-bedroom apartment with stunning lake views at 603/482 The Esplanade, Warners Bay for $599,000.

This one-bedroom apartment at Warners Bay with stunning lake views was secured for $599,000.

Maryville continues to prove hot property with Belle Property Charlestown selling a renovated three-bedroom cottage at 13 The Avenue for $876,100.

According to Australian Property Monitors data, the median sale price for Maryville was $762,500 for 28 sales last year and had risen to $777,500 for the first 12 sales of this year.

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