Property of the week: 16 Garema Road, Gwandalan
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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

By KIRSTEN CRAZE
Fri, Nov 1, 2024 7:00amGrey Clock 2 min

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.



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Restored Victorian Italianate manor Earlswood combines two substantial residences on 778sqm and leads the prestige offering from the newly established Ray White Phillips & Co.

By Ruba Jaajaa
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Alexander Phillips has unveiled his first newly launched trophy campaign since establishing Ray White Phillips & Co, with the landmark Randwick estate Earlswood being offered with a guide of $10.5 million.

The listing is an early statement for Phillips’ new Woollahra-based agency. Less than a month after opening, Ray White Phillips & Co had already secured more than $30 million across a series of booked auction campaigns, including the $9 million sale of 92 Ocean Street, Bondi, and sales in Waverley, Bronte, Clovelly, Paddington and Coogee.

Phillips also recently sold 9 Kenneth Street, Tamarama, for $20.25 million, the highest reported Eastern Beaches sale of 2026.

The latest addition to the agency’s books is one of the eastern suburbs’ more distinctive estates.

Occupying 778 sqm at 54 Dutruc Street, Earlswood pairs a restored Victorian Italianate manor with an adjoining two-storey contemporary residence designed by X-PACE Design Group.

The original home was built in 1891 and is a locally listed heritage residence within Randwick’s St Marks conservation area. Its restoration retains much of the formality and detail expected of a grand Victorian property, including a substantial entrance foyer, frescoes by Augusto Lorenzini, four-metre ceilings, marble fireplaces and a series of reception and entertaining rooms.

Four king-sized bedrooms are arranged on one level, while an attic retreat captures views towards the ocean. More recent additions include a custom kitchen with Gaggenau appliances, a butler’s pantry, Spotted Gum floors and ducted air-conditioning.

Next door, the second residence takes a distinctly contemporary approach. Off-form concrete, wide oak floorboards and clean architectural lines establish a deliberate contrast with the ornate historic manor.

The modern home contains three upper-level ensuite bedrooms, two living areas, a designer kitchen, courtyard and north-facing rooftop terrace. Villeroy & Boch-appointed terrazzo bathrooms and Italian lighting continue the detailed finish found throughout the estate.

Although architecturally different, the two homes have been designed to operate together or independently. Each has its own entrance, while both connect to a four-car basement containing a vehicle turntable, wine cellar and internal lift access.

The configuration lends itself to multigenerational living, accommodation for adult children or extended family, or a principal residence with a separate income-producing home. The properties have also been prepared for possible future title subdivision, subject to council approval.

The estate spans approximately 717sqm of internal floor area and has a 39-metre frontage to Rae Street, as well as landscaped gardens and dual-street access. It last changed hands for $10.75 million in November 2023, according to publicly available property records.

Earlswood arrives as Phillips begins the next phase of a 24-year career in Sydney’s eastern suburbs. He has been ranked among Australia’s leading residential agents for more than a decade, with his team reported to transact more than $1 billion in property annually across more than 400 clients.

Phillips said his decision to launch Ray White Phillips & Co was driven by the industry’s increasing reliance on technology, data and network reach, while maintaining his team’s focus on the eastern suburbs.

For Ray White, Earlswood provides an appropriately high-profile introduction to its newest prestige operation: a rare dual-residence property that offers both a carefully preserved piece of Randwick’s history and a markedly contemporary way of living.

Earlswood at 54 Dutruc Street, Randwick, is being marketed by Alexander Phillips of Ray White Phillips & Co through expressions of interest closing November 5.

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