Auction Location: 2/16 Telford Street, Newcastle East and Live via Buy.Realtair.com Nothing beats launching your cruiser from your own slipway and sailing around magical Lake Macquarie anytime you like. The aquatic playground that lies beyond the boundary of this absolute waterfront home will be a constant source of entertainment and leisure for the whole family. When you return to shore, the kids can hop off on the private jetty as you stow the boat in the twin shed, and everyone can cool off in the pool or enjoy a game of tennis on the full-size court. With so much to enjoy inside, lakeside, poolside and courtside, this grand family home delivers the ultimate environment for luxurious living and large-scale entertaining. A prestige Kilaben Bay residence since built in 1983, this voluminous home continues to impress with exceptional family living inside and out. An approximate 80m driveway provides immense privacy from the street. Designed over two levels linked by an external lift, take advantage of three separate living areas, five bedrooms, three bathrooms, two kitchens, and multiple alfresco entertaining spaces. This is the ultimate home for hosting guests, with an option to self-contain each floor for multi-generational family living. Spectacular is used frequently when describing an exceptional view from a property; in this case the word can't begin to convey the extraordinary water vistas captured from multiple vantage points throughout the home. Wake up to the sheer beauty of the sun rising over Coal Point and the yachts bobbing on Kilaben Bay, with an uninterrupted outlook stretching across to Rathmines and Styles Point. And just when you think this home couldn't get any better, you find the two separate four-car garages, each with their own toilet, and one with three-phase power. Whether you're a seasoned boatie or motor enthusiast, this property really is a dream come true. Offered for sale for the first time, there is some scope to modernise this flawless home, ensuring its legacy is maintained and celebrated for many years to come. Befitting a home of this calibre, the comprehensive list of quality extras includes: - Private jetty, twin motorized slipways and double boathouse with 3-phase power - A mix of split system a/c and ducted air-conditioning plus a natural gas Vulcan heater and a secondary gas heater in the parents' retreat - Solar electricity panels and solar hot water to keep running costs down - Updated ovens in main kitchen fitted with gas cooktop and dishwasher - Lake view entertaining room with wet bar, poolside cabana with barbecue - Stunningly renovated main bathroom, master ensuite with multi-jet shower - External lift, safe, back to base security system with 8 cameras - Full-size tennis court, gas heated swimming pool Outgoings : Water rates - $718 per annum approx.* Council rates - $3,600 per annum approx.* This property is being sold under the Online 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. Live streaming auction. 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 on our website. ***Health & Safety Measures are in Place for Open Homes & All Private Inspections Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.