One of Central Maitland’s most historic properties has sold at auction for $690,000.
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Koreelah House built in 1851 in Bourke Street, is one of the city’s few homes with Georgian grandeur remaining.
Its sale through Maitland’s PRD Realty sparked great interest from about 60 local, Sydney and Newcastle bidders.
Selling agent Rhonda Nyquist said about 20 groups inspected the property prior to Saturday’s auction with the strongest interest from locals.
Koreelah is a much admired and significant Bourke Street property, nestled on a prime, level, double block with rear lane access.
The grand building, currently being used as four residential flats, retains many original features and Ms Bemrose said it could easily be refurbished to a home.
Some of its features include a sweeping cedar stair rail, cedar timber doors, architrave and fire surrounds as well as a marble fire surround.
The property boasts a colourful early history with Henry Adams (Licensee of Black Horse Inn) living there for about 10 years.
Bourke Street Maitland features a diverse range of housing dating from the 1850's to the early twentieth century with direct parallels to the development and status of Maitland as the second city of NSW during the mid to late 19th century. The street has important historical associations with the early settlers of Maitland including Mary Hunt, the only woman farmer of the convict settlers who predated the free settlement of the Hunter Valley.