The $2.25 million sale of a Newcastle East property is believed to be the suburb's highest for a terrace and second-highest house result.
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PRDnationwide Newcastle and Lake Macquarie marketed the three-bedroom residence at 35 Parnell Place that was bought in 2009 for $790,000. It had undergone a comprehensive renovation and was featured in Coastal Homes Magazine in 2014.
Agent Jesse Wilton described it as "one of the best-positioned homes in Newcastle East".
According to Australian Property Monitors data, the highest sale of a Newcastle East home is $2.6 million for a beachfront residence at 13 Shortland Esplanade. A home known as the Coach House at 41 Alfred Street in Newcastle East sold for $2.2 million in December 2016.
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"Not including apartments, it would probably be the second highest sale price for Newcastle East," Mr Wilton said.
APM data shows apartment sales in Newcastle East of $3.05 million (July, 2018), $2.795 million (September, 2017) and $2.7 million (December, 2015).
Original features of 35 Parnell Place included 12-foot ceilings, picture rails and working fireplaces. It had a contemporary kitchen and two stylish bathrooms and the interiors projected a coastal beach house feel.
There was a choice of indoor and outdoor living spaces on both levels, including a top-floor terrace with ocean views, and the master bedroom had a sunroom looking out over Parnell Place park.
