Elegant 'Derrybawn' is a landmark property which has been meticulously restored and renovated in its prestigious location on Cowper Street, Stroud.

Set within beautiful gardens, Derrybawn's history offers insight into its unique flexibility of use. Constructed in 1905 by Mr Price, who named the property in honour of Mt Derrybawn in his Irish homeland, the floorplan catered to the property's original purpose as an elite boarding house. Many of its guests arrived by horse drawn coach.

Over the ensuing years, Derrybawn became a beautiful home, delivering an elegant yet relaxed lifestyle. The dimensions and character are impressive, with its 12ft pressed metal ceilings and wide timber floorboards. The home has mellowed with age, with its pretty coloured glass and leadlight features throughout.

The floor plan includes formal and informal dining and living rooms, an entertainer's kitchen, four spacious bedrooms, three with sitting rooms, two bathrooms and an idyllic garden set with alfresco dining and entertainment spaces.

There are two wood fires and in-floor ducted air-conditioning to ensure year-round temperature control.

Style, live-ability and versatility are a wonderful combination, and it's evident that the property remains as adaptable now as it was when built, offering an idyllic private residence, BnB or rental accommodation - of which Stroud is in short supply - or a combined home and business venue.

Stroud is renowned for its breathtaking scenery, its proximity to the Hunter Valley's wineries, snow-capped World Heritage Barrington Tops National Park, plus within easy reach of the Mid North Coast's white sand beaches, azure seas and commercial hubs.

The recent announcement that Newcastle Airport, a mere 45 minutes away and currently offering easy air access to Sydney, Melbourne, Brisbane and a wide range of regional destinations, will undergo an exciting upgrade to international airport status is sure to see Stroud's popularity soar to even greater heights.

Stroud is also well placed for access to hospitals, has a medical centre, pharmacy, ambulance station, golf club, hotel, cafés, beauty, retail stores, restaurants, parks, schools and transport. Discerning private buyers and investors will readily appreciate the outstanding opportunities that await beyond Derrybawn's front gate.

Derrybawn will be going to online auction with Denise Haynes of R&R Property on June 11 at 2pm, if not sold prior.