FOR the price of a standard brick home in suburban Sydney, you could have bought this palatial waterfront reserve just an hour north of Hornsby.This incredible home at 53 Payten St, Eraring which sits on more than 5200sqm on Lake Macquarie sold last Friday for $2.5 million to a Sydney buyer who bought it after the first inspection.“They came up last week and they saw it and fell in love with it on the spot,” said Paul Wrigley, the principal of Ray White Toronto | Wangi Wangi.“This is a suburb record, as the previous highest price was $1.850 million."“This architecturally designed home has been meticulously designed to make the most of all its surrounds - view Lake Macquarie from every room - watch the sunrise then view the spectacular sunsets from your own palatial waterfront reserve property,” he said.Mr Wrigley, who has owned Ray White Toronto | Wangi Wangi for more than 18 years, is one of those men who provides an iron clad service guarantee with everything he does in work and in life.Lake Macquarie is Australia’s largest coastal saltwater lake and twice as big as Sydney Harbour.

The house is on a grand scale and superior in design with an opulent foyer which makes a striking impression.There is a five car garage with circular driveway and bathroom facilities - once used for accommodation during the construction which could easily be self-contained again.

Electric gates allow entry to manicured grounds - camera surveillance.The property is in Eraring, surrounded by space and substantial homes - some 60 minutes north of Hornsby.

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