Early interest for a unique property expected to lift the watermark on Lake Macquarie is believed to have included an famous sportsperson.
The $4.25 million sale of the waterfront home of former Newcastle lord mayor Jeff McCloy at 148 Ross Street in Belmont in January broke the $4 million mark for the lake.
But now Mitchell Thomas and Chris Smith, of McGrath Toukley, are marketing a luxurious six-bedroom, six-bathroom mansion positioned on 6.75 acres of waterfront land at 7 Foreshore Street in Eraring that they believed will eclipse that record.
The Eraring estate, known as Mandalay, is located on the peninsula with 481 metres of waterfront reserve boundary. The property is owned by Newcastle businessman Graeme Thomas and is on the market for just the second time.
Built over three levels, the trophy residence has 1451 square metres of internal floor space and features a grand master suite, self-contained guest quarters, billiards room, office, wine cellar, sauna, multiple living spaces and garaging for 13 cars. It is set for auction on August 8 and interest has also included using the property as a wedding venue.
From one waterfront location to another, PRD Newcastle and Lake Macquarie's Jesse Wilton predicted good interest in a three-bedroom, ground-floor apartment in The Royal overlooking Newcastle beach at 15/1 King Street. Mr Wilton said ground floor apartments on the beachfront were tightly held and "pretty special" as they offered balconies overlooking the water as well as private courtyards. It is open today at 10am and has a guide of $2.3 million to $2.5 million.
Rare in Valentine
Anthony Di Nardo, of Belle Property Charlestown, has listed a block of land 727 square metres in size with lake views at 1 Minter Street in "old Valentine". It has a guide of $680,000 to $730,000. He said vacant blocks in the "sought-after pocket" were "few and far between".
Listings over $1m
Robinson Property have listed a three-bedroom home on a deep, double block 828 square metres in size at 28 Hewison Street in Tighes Hill with a guide of $1.195 million.
A generous four-bedroom brick home in need of a renovation at 80 Rowan Crescent in Merewether has been listed for sale by McKiernan Real Estate with a guide of $1.8 million.
Belle Property Charlestown are selling a four-bedroom residence with "wow factor" at 27 Marks Point Road in Marks Point with a guide of $1.38 million to $1.48 million.
Listings $500,000 to $1m
A renovated, four-bedroom home with a pool at 27 Robb Street in Belmont that is being marketed by Belle Property Charlestown with a guide of $790,000 to $850,000 is expected to attract good interest.
Belle are also selling a stylish three-bedroom townhouse at 5/4 Ulick Street in Merewether for $870,000.
A four-bedroom townhouse at 1/2 Dilkera Avenie in Valentine is being sold by Dalton Partners New Lambton with a guide of $695,000 to $735,000.
Listings under $500,000
PRD Newcastle Lake Macquarie have listed a two-bedroom unit at 16/57 Nesca Parade on The Hill with an auction guide of $400,000.
A one-bedroom apartment at 8/129 Brooks Street in Bar Beach on the market through Century 21 Novocastrian has a guide of $340,000 to $370,000.
Belle Property Charlestown are selling a three-bedroom house at 8 Buttaba Avenue in Belmont North for $490,000 to $530,000.