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.
For Central Element, the start of work at Pearl represents another step in the company’s growing eastern suburbs pipeline.
All three vehicles will form part of a broader charitable initiative benefiting Big Brothers Big Sisters of America, the American Red Cross and Starlight Children’s Foundation
Completed in 2025 by Wolveridge Architects and S. Smith Builders, this extraordinary 51-acre Mornington Peninsula estate combines award-recognised architecture, genuine farming infrastructure and remarkable self-sufficiency.
A long, winding driveway beneath mature gums provides the first indication that The Farm is not a conventional Mornington Peninsula country property.
Rather than immediately revealing the residence, the approach follows the contours of the landscape, moving through established woodland before the house emerges in a secluded clearing at 515 Tucks Road, Shoreham.
Completed in 2025, the five-bedroom estate has now been listed through Buxton’s James Redfern and Holly Longmuir with expressions of interest and an indicative price range of $18 million to $19.8 million.
At the upper end of that guide, the property could establish a new residential record for Shoreham. The existing benchmark has been reported at $16.5 million.
Set across approximately 20.64 hectares—or about 51 acres—The Farm is a contemporary interpretation of the Australian rural homestead, designed by Wolveridge Architects and constructed by award-winning Mornington Peninsula builder S. Smith Builders.
The property’s vendors, builders Vicki and Steve Smith, reportedly acquired the land through Smith Investments Australia for $4.2 million in 2019. They moved into the completed home in April 2025 and are now selling as they prepare to relocate to Portsea.
Rather than allowing the estate to develop as a scattered collection of rural structures, Wolveridge Architects consolidated its principal functions into two carefully positioned buildings: the main residence and a substantial farm shed.
The structures face a broad central forecourt and sit within a larger composition of native woodland, productive pasture and views towards Western Port Bay.
It is an approach informed by the way Australian farms traditionally evolve, but made more deliberate. Instead of accumulated sheds and outbuildings, the property presents as a resolved architectural precinct.
The principal residence spans approximately 638 square metres. Its defining feature is an inverted radial roofline supported by a visible grid of ironbark posts and beams.
The roof rises towards the tree canopy and open sky, lending an unexpected lightness to a house of considerable scale. Blackbutt cladding, extensive glazing and timber detailing further soften the relationship between the building and its surroundings.
Wolveridge Architects describes the property’s location as Bunurong country and credits Jerry Wolveridge, Laura Tindall and Jessica Corbett as members of the project team.
The Farm was shortlisted in the New House Over 200 Square Metres category of the 2026 Houses Awards and in the Living Space category of the 2026 INDE Awards. Its published architectural photography is by Jack Carlin.
Throughout the house, long internal sightlines and carefully framed openings maintain a connection with the surrounding gums, paddocks and distant water.
The central living, dining and kitchen space sits beneath soaring timber-lined ceilings. A monumental fireplace formed from Dromana granite anchors the room, while a second wood-burning fireplace serves a more intimate living zone.
The kitchen combines stained Tasmanian oak cabinetry with Austral Dream Dolomite and Pilbara Green Dolomite surfaces. A suite of Swiss V-Zug appliances supports its practical role, while a temperature-controlled, timber-lined wine cellar provides a dedicated space for collectors.
Belgian French oak flooring, Swiss wool carpet, Eco Outdoor stone paving, brushed-nickel fittings and extensive custom joinery continue the natural, materially rich palette.
A sheltered internal courtyard introduces northern light into the centre of the floor plan. Conceived as a protected garden within the wider landscape, it provides an outdoor space removed from the property’s more exposed rural environment.
The architecture repeatedly shifts between those two conditions: the openness of a large rural holding and the security of carefully protected interior and courtyard spaces.
The Farm’s lifestyle credentials extend well beyond its principal living areas.
A fully tiled 14-metre swimming pool and adjoining spa sit within landscaped surrounds, creating a private resort zone connected to multiple outdoor entertaining spaces.
The grounds include indigenous planting, native woodland and productive pasture, together with approximately 591 metres of frontage to Stony Creek.
A separate 216-square-metre farm shed, fencing, cattle infrastructure, water systems and multiple access points ensure the estate has genuine rural capability. This is not merely a large house styled to resemble a farm.
Technology has been integrated throughout the property via a Control4 system governing lighting, climate, security, gates, blinds, irrigation and pool functions. The house also includes hydronic heating, zoned reverse-cycle airconditioning, motorised window furnishings, monitored security, video intercom and Starlink connectivity.
Its sustainability infrastructure is similarly substantial. More than 235,000 litres of water storage is paired with a 70-panel, 30.8kWp solar system, Tesla Powerwall battery storage and electric-vehicle charging.
The result is a house capable of delivering the comfort and automation expected of a contemporary trophy residence while maintaining a high degree of self-sufficiency.
That balance may be The Farm’s greatest achievement. Despite its scale, luxury finishes and extensive technology, the residence does not attempt to overpower its setting.
Its architecture instead directs attention outwards—to the tree canopy, the cattle in the paddocks, Western Port Bay and the changing conditions of the surrounding landscape.
For buyers seeking a private Mornington Peninsula estate with architectural credibility and room for a genuine rural life, The Farm represents one of the region’s most compelling new offerings.
Mirzaian is a senior director within CBRE’s Development NSW business, operating across the company’s Western Sydney and North Sydney offices
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