Who’s buying, who’s selling?
A look behind the scenes of the region’s property market. By Jonathan Chancellor.
87 Kenrick Street, Merewether
A 1930s Merewether bungalow that has been updated by LJM Architecture in collaboration with Coastline Builders has been listed for sale by auction in April.
Lyndall Allan and Tahnee Burke of Salt are guiding $3.2 million for 87 Kenrick Street.
The four-bedroom, three-bathroom house now has around 183 sqm internal space including a new wine room with racks for 250 bottles. It retains a number of heritage features including leadlight windows, blackbutt floors and high ceilings, while being modernised in the open plan kitchen/living and dining rooms as well as the bedrooms and bathrooms.
There is a pool and two car garage at the end of a paved driveway on its 632sqm holding close to Hamilton South Public School.
It last sold for $1.595 million in 2018. Kenrick Street’s top seller, which fetched $4.1 million in 2020, has recently returned to the market with $4.1 million to $4.4 million price guidance through George Rafty First National.
The five bedroom, four bathroom house is set on the street’s largest holding of 1012sqm.
Huntington Penthouse
The Huntington penthouse in harbourside Newcastle has been listed with $3.6 million to $3.85 million price guidance through Thomas Hook and Charlie Imig of Walkom Real Estate.
The three-bedroom, two-bathroom apartment at 703/35 Honeysuckle Drive spans 255 sqm in the 88 apartment complex designed by SJB for Doma Group, the Canberra company also behind the waterfront Lume apartments at Honeysuckle.
The harbourfront apartment also features a study.
There is a 100 sqm terrace with views from the Newcastle Yacht Club to Nobbys headland.
There are also two side by side car spaces with storage lockers adjacent to lift plus an enclosed workshop.
There is a residents’ gym.
The Huntington penthouse last sold for $2.35 million in 2019 with the
neighbouring penthouse securing $2.48 million in 2020.
2 Wharf Road, Toronto
A waterfront apartment on the foreshore at Toronto has been sold for $2.99 million through Bronwyn Ireland and David Westerman of First National.
It sold after 76 days, just above the 68 day median time on market.
Located at 2 Wharf Road, the first floor, three-bedroom, two-bathroom apartment boasts an open plan living and dining area which flows out to a covered deck adjoining the master bedroom.
Holding sweeping lakeside views, the dress circle apartment comes with two underground parking spaces.
It last sold for $1.6 million in 2018 when built by Stevens Holdings. CoreLogic puts the current Toronto median price at $650,000, up 47 per cent over the past five years.
3/161 Scott Street, Newcastle
A New York warehouse-style apartment in Newcastle’s Menken Apartments, has been sold for $4.375 million through Ben Robinson of his eponymous agency.
It had been listed with $4.5 million price guidance.
Located at 161 Scott Street opposite Queens Wharf, the multi- level unit boasts house-sized proportions in the heritage building.
It comes with 360 sqm on title including two separate living areas, four-bedrooms and three-bathrooms.
Holding northerly views over the harbour, it has two side-by-side parking spaces directly adjoining the kitchen.
It features a walk-in temperature-controlled wine room.
It was offered for the prospect of installing a lift.
The property last sold for $2.3 million in 2007.
It has access to building amenities including the pool, sauna and gym. The Menkens Apartments building was designed by architect Frederick Menkens in 1899 for merchants R Hall & Sons. It later housed Rundles Tailoring before being converted into apartments in 1998.
Menkens is credited as more than any other in shaping Newcastle through his 28 landmarks including St Andrew’s Church on Laman Street. He was responsible for more than 100 buildings in the Hunter Valley before he died of cirrhosis aged 55 years in 1910. Menkens first set up his architectural practice in Maitland in 1881 and arrived in Newcastle in 1882.
61 Hickson Street, Merewether
A Merewether trophy home with sweeping views of the ocean and Glenrock State Conservation Area fetched $6 million late last year.
It had been listed for sale seeking $6.5 million through Lyndall Allan and Georgia Rickey of Salt Property.
Located on its 556 sqm Hickson Street holding, the Kevin Snell designed residence built in 1987 saw an update under the recent vendor with modernized interiors plus an extension.
The five-bedroom, five-bathroom house spans three levels with distinctive oversized windows, glass roofed atrium and a circular balcony.
It features an internal elevator.
There is an indoor pool.
Hickson Street’s top price remains $6.1 million which was secured in 2022.
Shougetsu House
Shougetsu House in Carey Bay, fronting Lake Macquarie listed last year with $4.99 million to $5.499 million price hopes remains listed through Callan O’Reilly and Paul Campbell of LJ Hooker.
Located at 49 Excelsior Parade, the property holds sweeping lake views with a 28m lake frontage, modern boatshed, slipway and private jetty with boat pen.
The house itself is a three-bedroom, two-bathroom affair with Red Mahogany timber floors throughout, a designer kitchen, home theater, 1,000 bottle wine cellar, lift and solar.
Set on a 1,881 sqm plot, the property is also host to a tiled workshop, ornate Japanese gardens and a lake facing deck which spans 100 sqm mixing covered and uncovered areas.
It last sold for $812,500 in 2000 and underwent renovation works around 2010.
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