By Renee Valentine – This article first appeared on Newcastle Herald
The suburb ceiling is believed to have been smashed for Eraring with one of the highest sales on Lake Macquarie.
Avery Property Professionals sold a luxurious, six-bedroom, six-bathroom residence set on over 5000 square metres of waterfront reserve land at 17B Payten Street. The home had a private cinema, 20-metre pool, spa and tennis court. It sold for an undisclosed sum but it is believed it was marketed with a guide of $4 million and secured by local buyers after interest from Sydney and the Hunter Valley.
There were 12 registered bidders, including nine online, for the auction of an older-style home on a block 1472 square metres in size at 73 Lorna Street in Waratah that sold under the hammer for $790,000. It was marketed by First National Newcastle City with a guide of $580,000 to $630,000.
POPULAR: This Charlestown home sold above its guide for $760,000 prior to auction.
Belle Property Charlestown sold a one-of-a-kind home at 1 Serbin Close in Cardiff Heights for $600,000.