Property of the week: 16 Garema Road, Gwandalan
This much-loved family estate is being offered for the first time in more than 20 years
This much-loved family estate is being offered for the first time in more than 20 years
A retreat in every sense of the word, Lakeside Lodge has been a prominent property clan’s dream getaway since 2003. Surrounded by towering trees and framed by peaceful farmland beside Lake Macquarie, the Rose family have spent more than two decades visiting the estate, which also features a freestanding chapel, guest cottage, boathouse and private dock.
Stuart Rose of the Rose Group, a brotherly duo of property developers behind a string of successful real estate projects including the transformation of the former AGL gasworks site on the Parramatta River into Breakfast Point, bought the Gwandalan estate for $5 million according to title records.
“The property has been in our family for over 20 years and used as a retreat and place for us to gather together with our friends,” Stuart says.
“It‘s been a difficult decision for us to let go, but as our lifestyles evolve and our children grow up, we’ve decided its time for another family to enjoy it the way we have.”
Stuart and his brother Bryan are selling the 8ha estate after the February passing of their father and Financial Review Rich Lister, Bob Rose AM, who was chair of The Urban Taskforce from 2003 to 2009.
Listed with Mat Steinwede and Trevor Hamilton of McGrath Terrigal, the residence at 16 Garema Rd has a price guide of $20 million and is being sold through an ‘expressions of interest’ campaign closing at midday on November 27.
Positioned with a prime due north aspect overlooking the tranquil lake, the eight-bedroom lodge-style residence is a blend of coastal chic and farmhouse charm. While the lake is the main event, the spacious house wraps around a grand central courtyard complete with landscaping and a pizza oven, as well as a direct line of sight straight out to the water so the enviable view won’t be missed.
Each room opens to the shore, courtyard or paddocks with a choice of several living spaces, ideal for a multi-family holiday. There is a main lounge room, a second living space, a media room plus a large piano lounge area opening to its own covered terrace.
Most bedrooms have an ensuite or neighbouring bathroom while the vast main suite has a walk-in wardrobe, a dressing room, an adjoining study, bath ensuite and sweeping lake views. Additionally, another office space is next to the primary bedroom with an inspiring water outlook.
The expansive property features a charming chapel with kitchenette amongst the trees, making the rambling estate the ideal spot for a wedding venue, potentially offering an extra source of income. In the separate cottage, or independent games room, there is a bathroom and kitchen and the ground also feature a tennis court, a pool, fire pit, two large dams, fenced paddocks, a warehouse, a chicken coop, a private jetty and a boatshed with dry dock. Added elements include solar panels, security alarms, surveillance cameras and a private gated entrance.
Designed to entertain on a grand scale, the holiday home has garage parking for up to 10 cars with space for many more. Sitting on the shores of Lake Macquarie, Lakeside Lodge is approximately 130kms from Sydney’s CBD.
Lakeside Lodge is listed with McGrath Terrigal through an expressions of interest campaign closing on November 27 at midday.
Records keep falling in 2025 as harbourfront, beachfront and blue-chip estates crowd the top of the market.
A divide has opened in the tech job market between those with artificial-intelligence skills and everyone else.
Australia’s castles are rare, but this one is real. Built in 1849 and held by the same family for 50 years, Overnewton Castle in Melbourne is now seeking its next custodian.
Australia’s castles are few and far between, and the opportunity to buy one rarely pops up. There is, however, now a bona fide 35-room chateau for sale in suburban Melbourne.
Listed for the first time in half a century, Overnewton Castle in Keilor, north west of the city, has launched to market through Sean Cussell of Christie’s International Real Estate with a $6 million to $6.6 million price guide.
The 176-year-old Scottish Baronial-style property has been home to the Norton family for the past 50 years, but was originally built for Scottish settler, grazier and former Mayor of Keilor, William James Taylor.
On a sprawling 2.25ha estate surrounded by rolling grounds filled with sculpted gardens and 170-year-old elm trees, the ivy-clad seven-bedroom three-bathroom residence is layered with a blend of Scottish, French and English influences.
Inside the heritage-listed mansion, there is a grand ballroom seating up to 150 guests, a lavish dining room, and a private chapel that was converted from the original billiards room.
Gastroenterologist Dr LJ Norton and his family have invested five decades in Overnewton Castle, partly preserving its period features while also updating the house for the 21st Century. After a devastating fire in 1979, the Nortons upgraded the infrastructure, installed mains water and access roads, and created a 100-vehicle car park.
Many of the 1849 estate’s original features, including drystone walls, period fireplaces and the dramatic western turret – accessed via a 40-step spiral staircase with a mahogany handrail – have been meticulously maintained. Even the turret’s slate “fish scale” roof tiling and ornate wind vane are straight out of the 19th century.
“Overnewton Castle is not just a property; it is our home and a piece of local history that we have cherished for 50 years,” says Norton family member and managing director of Overnewton Castle, Emma Stott.
“Living here, respectfully updating the facilities and operating our business has been a labour of love. As a family, we have created so many fond memories here, as well as played an important role in countless weddings and other events hosted on our grounds.”
In addition to hosting weddings at Overnewton Castle, the Norton and Stott families also run historical tours and high teas on the property.
Cussell says the unique listing represents an opportunity of historical significance. “Overnewton Castle is one of the finest examples of Scottish Baronial architecture in the Southern Hemisphere and an ideal setting for a private residence, luxury retreat, education facility or event venue,” he explains.
“It represents a rare convergence of architectural grandeur, cultural heritage and enduring family legacy. The listing truly is an extraordinary opportunity to own a piece of Australian history.”
Overnewton’s cultural footprint reaches beyond local tourism, with the castle making its mark in Australian cinema. It played a role as the fictional Monclare mansion in the 1982 cult horror film Next of Kin.
Earlier this year, the period Victoria Racing Club nominated property to display the Melbourne Cup during its prestigious Lexus Melbourne Cup Tour, and in 2024, the site was also a finalist in the Victorian Tourism Awards.
Beyond the grand residence, there are several restored outbuildings suitable for entertaining or accommodation, including The Stables for up ten guests, The Loft which sleeps eight, The Cottage that accommodates six, and The Cabin with space for four people.
The stately address is soon to become even better connected with the forthcoming Suburban Rail Loop and Sunshine Superhub infrastructure projects, improving access to the city. Overnewton is about 20kms from Melbourne’s CBD and 8kms from Melbourne Airport.
Overnewton Castle is listed with Sean Cussell of Christie’s International Real Estate with a price guide of $6 million to $6.6 million. The expressions of interest campaign closes on November 21 at 3 pm.
Records keep falling in 2025 as harbourfront, beachfront and blue-chip estates crowd the top of the market.
ABC Bullion has launched a pioneering investment product that allows Australians to draw regular cashflow from their precious metal holdings.