Torrens Titles Suit Buyers To A Tee

Newcastle Herald

Saturday February 3, 2007

ALYSSON WATSON

RISING strata levies are swaying some apartment-seekers to Torrens-titled properties, according to Dowling Hamilton's George Rafty, who will show two such properties for the first time today.

Although 1 and 2/38 Ella Street, Adamstown, are on the market, concreting brothers Rob and Vince Candian will sell only one of the designer homes they've built across from Merewether Golf Course, and the choice will be the buyer's.

Offering 280 square metres of living space and on 400-square-metre blocks with north-facing backyards, they have four bedrooms, two bathrooms and three separate living areas. Kitchens are stone and stainless steel, and blackbutt flooring has a "traffic" finish.

Mr Rafty and colleague Nicholas Maguire invite inspection from 9am to 9.45am and 2.45pm to 3.45pm.

Bahrain-bound

ANOTHER Torrens-titled property that will appeal as an apartment alternative is the two-year-old 45 Chaucer Street, Hamilton, which Dowling Hamilton will put to auction this month.

Half of a duplex built for developer and larrikin jockey Allan Robinson, the schmick two-storey residence overlooking Broadmeadow Racecourse is home to engineering executive Stewart Bruderlin and his wife Jennifer, who are moving to Bahrain.

Mrs Bruderlin said her husband would leave today to take up his post as Saudi Arabia manager of metals and minerals for Worley Parsons, making the daily commute across the causeway from their Manama apartment.

The newly retired teacher says her occupation will be "trophy wife".

Their stunning three-bedder has a second living area upstairs, west-facing balcony and east-facing courtyard with gas-heated plunge pool.

A strong selling point is the proximity to Beaumont Street, where the couple often dine.

The property will go under the hammer on February 24 at 1pm, with bidding expected from $670,000. View today from 12.15pm to 1pm.

Four lanes of bliss

THE much-awaited four lanes on Five Islands Road, between Booragul and Speers Point, would be a boon for western Lake Macquarie real estate, attracting Newcastle buyers who previously only looked on the eastern side of the lake, LJ Hooker Toronto agent Paul Campbell said this week.

Two of his recent big Coal Point sales, 5 Grant Road, which sold just prior to auction in November for $3.16 million, and 209-211 Coal Point Road, which passed in for $2.4 million in November but sold just before Christmas for more than $2.5 million, had been to Newcastle buyers, and more were making inquiries.

"There's been an immediate impact in areas like Marmong Point, Fennell Bay and Woodrising, which will seem more appealing than they have before to Newcastle buyers," Mr Campbell said.

A smoother traffic run would "take the anxiety" out of living on the western side of the lake for commuting city workers, he said.

Under the hammer

AUCTION action is picking up, with six properties put under the hammer by LJ Hooker Toronto on Wednesday night. Two sold and two are under negotiation.

The "White House" at 26 Brighton Avenue, Toronto, Domain's cover house of January 6, sold for $810,000, and a two-bedroom waterfront weekender at 40 Phillapai Road, Brightwaters, sold for $680,000.

Fifteen properties will go under the hammer with the Ray White group at Charlestown's Madison Motor Inn this Wednesday among them a brick three-bedder at sought-after 15 Fenton Avenue, Bar Beach, an ex-Department of Housing cheapie at 26 Netley Street, Windale, and a 45-hectare bush parcel at 311 Carrington Road, Booral.

Today's offerings include the 1940s charmer My Sorento at 1 Union Street, Tighes Hill, overlooking Throsby Creek, that had attracted lookers like bees to honey, Dowling Hamilton agent Andrew McKiernan said. He expects a good crowd for the 11am kick-off and bids from $450,000.

Also up today is a six-bedroom Redhead beach house at 2a Ebsworth Street, listed for auction at noon with Robinson Property's Rob Sacmaroski, and a semi-rural retreat at 27 Currawong Road, Cardiff Heights, with Century 21 Charlestown's Suzanne Hill, which goes to auction at 11.30am.

Dalton Partners' David Phelan will put up the blue-ribbon brick three-bedder at 189 Dawson Street, Bar Beach, at 11am, with bidding from $775,000, and the five-bedroom 12 Nott Street, Merewether (pictured below), with self-contained granny flat and pool, at noon, with bidding from $1 million.

© 2007 Newcastle Herald

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