Point Frederick being called Central Coast’s Point Piper

A SYDNEY downsizer has paid over $4.1 million for a property in Point Frederick.

The waterside suburb of the Central Coast is popular with Sydneysiders as it is just one hour north of the city.

“This is a current (2017) record for a Central Coast waterfront and it reinforces Point Frederick’s growing reputation as the Point Piper of the Central Coast,” selling agent from Raine & Horne Gosford, Geoff Tilden, said.

Mr Tilden sold the impressive waterfront property, at 28 Albany St, on behalf of Central Coast businessman, John Clack, and his wife Caroline.

The property has been purchased by a Sydney-based downsizer from Kenthurst, who asked to remain anonymous.

Over the course of the marketing campaign, the property attracted 20,000 views on social media and 145,235 views on Realestate.com.au and other major sites.

There were 395 inquiries and 320 people inspected the property, according to Mr Tilden.

The house is set over three levels, has a private lift, combines formal lounge and living areas, and has large outdoor living areas.

A new kitchen has the best in modern cooking with Miele appliances, farmhouse sink, gas cooking, soft close doors, Essastone benchtops and a butlers pantry.

There is a dedicated theatre room, a rumpus room with a wet bar, gas fire, wine cellar, and a great inground pool.

The house is set on 1157sq m and has a shared concrete jetty, boat ramp, and boatshed with winch.

To top things off, there’s a six seat spa on top of the boat shed.

“We had offers from a mix of overseas buyers, Sydney downsizers and Central Coast upgraders,” Mr Tilden said.

He said that Point Frederick with its sweeping views of Brisbane Waters, coupled with its proximity to the M1, makes it very popular with local businesspeople and buyers shifting to the Central Coast from Sydney.

“Point Frederick is well-served with public transport with trains to Sydney and Newcastle within walking distance, and the Central Coast Stadium sporting and entertainment precinct is nearby,” he said.

“People recognise that suburbs such as Point Frederick are close to Sydney, but are far enough removed from the city rat race, as well as being near to the region’s famous beaches such as Avoca and Terrigal.”