SoldMar 23, 2016

37 Lorna Street, Waratah, NSW, 2298

$1,300,000

4
2
2
2611 m²

House

30+ days on the market

Sold: Mar 23, 2016

What's around 37 Lorna Street

'Braeside' - A Magnificent Queen Anne Federation Home

Designed by respected local architect Frederick Menkens and built c1895 as a family home for prosperous spirit merchant Joseph Wood, magnificent 'Braeside' is one of Newcastle's longest standing examples of Queen Anne Federation architecture. Rich with history and held by only three families, it is on offer for the first time since 1958 and remains virtually untouched by the passage of time. Positioned on a huge 2611sqm landholding just footsteps to the Mater Hospital, a truly rare opportunity exists for a new generation to share in this home's spectacular grandeur. Beyond the magnificent gardens containing a circular driveway once used for horse drawn carriages, the perfectly preserved facade is resplendent with all the traditional hallmarks of its era including corbelled brick chimneys, an unusual Dutch gable and an encircling verandah. Inside soaring 14ft pressed metal ceilings, exquisite leadlight windows and doors, original fireplaces, cedar timberwork and beautiful wallpaper create an elegant home rich in character and destined to impress. Crafted around a wide hallway, the layout features four bedrooms including master with ensuite and a formal dining room all with French doors leading out to the verandah. A formal lounge room boasts a working fireplace and huge window with garden vista. There is a functional kitchen, bathroom and sunroom while outdoors there is a third w/c, double garage and covered area for a trailer or boat. Although ready to enjoy, this stately residence offers superb scope for an interior restoration to create a family home of definitive luxury. An exclusive offering in terms of its scale and stature, outstanding 'Braeside' is positioned close to local public schools, St Philip's Christian College and Waratah shopping village. The John Hunter Hospital, University of Newcastle, the CBD and glorious beaches are all within 15 minutes drive. FRIENDLY AUCTION SYSTEM: This property is being sold under the revolutionary Friendly Auction System. - An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details. - Flexible deposit and settlement conditions are also available by negotiation with the agent if required. - Offers can also be made prior to auction and each offer will be assessed on its merits. In-rooms auction event scheduled at The Arc at Watt Street Commercial Centre (Cnr King and Watt St Newcastle). Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available at www.prdnewcastle.com.au

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