Hidden Newtown riverside gem on the market for $7M

Barwon Bank has stood at 35-43 Riversdale Rd since the early 1850s, but owners Nick and Rochelle Iredell have over the past 30 years transformed a derelict building into a glorious lifestyle property on a rare, secluded river frontage.The owners picked up the property after the former Newtown council and National Trust saved the building from falling into complete disrepair.With the release of the PropTrack Regional Australia Report, PropTrack Senior Economist Eleanor Creagh discusses the regional shift since the pandemic, and whether it will continue.RELATED: See inside one of Geelong’s most remarkable homes East Geelong home sells $430K over reserveRanked: Victoria’s 50 top real estate agentsPhotos on display in the old world library show the efforts to return the mansion to a family home that’s also regularly hosted weddings in a quiet spot above the Barwon River.Buxton agents Tom Butters and Ben Riddle have listed the 1.26ha property with price hopes from $7.25 million to $7.6 million.The original 18-room colonial regency style mansion was designed by architect Thomas R Yabsley for Geelong solicitor John Alexander Gregory.But for many years it was connected to the neighbouring Redpath Mill, serving not as a residence but a lunch hall, Mr Iredell said.“When we made the application to the National Trust, they were delighted because we were young like-minded people and my architectural background complemented where we wanted to go,” he said.“We had to do everything. All that was left was what I would call a solid shell. There was no roof, no glass, no doors, no windows, no power.“It’s a cracker of a house,” he said.High ceilings and decorative plasterwork reflect the home’s history, with marble fireplaces adding to the grand living rooms.The front living room overlooks the gardens, while both the lounge and formal lounge and dining room open onto the back garden via French doors. Although many people would be surprised to discover the home, they Iredells have shared it with many couples who have held their weddings at the idyllic spot.Mr Iredell said erected a glass conservatory to host the functions.The kitchen, with granite benches and a scullery, has a commercial cooker.There’s plenty for families too, with a solar-heated swimming pool with a separate pool house and a tennis court.Hydronic heating and ducted heating provide modern comfort through the house.Upstairs is home to four bedrooms (one with an adjoining study), two bathrooms and a cosy theatre room.Possibly the most incredible aspect is the vineyard, which produces a cool climate shiraz that took out a Geelong Wine Show award in 2015.The property has rights to draw water from the river to irrigate the vineyard.

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December 04, 2021 at 12:30AM
Barwon Bank has stood at 35-43 Riversdale Rd since the early 1850s, but owners Nick and Rochelle Iredell have over the past 30 years transformed a derelict building into a glorious lifestyle property on a rare, secluded river frontage.The owners picked up the property after the former Newtown council and National Trust saved the building from falling into complete disrepair.With the release of the PropTrack Regional Australia Report, PropTrack Senior Economist Eleanor Creagh discusses the regional shift since the pandemic, and whether it will continue.RELATED: See inside one of Geelong’s most remarkable homes East Geelong home sells $430K over reserveRanked: Victoria’s 50 top real estate agentsPhotos on display in the old world library show the efforts to return the mansion to a family home that’s also regularly hosted weddings in a quiet spot above the Barwon River.Buxton agents Tom Butters and Ben Riddle have listed the 1.26ha property with price hopes from $7.25 million to $7.6 million.The original 18-room colonial regency style mansion was designed by architect Thomas R Yabsley for Geelong solicitor John Alexander Gregory.But for many years it was connected to the neighbouring Redpath Mill, serving not as a residence but a lunch hall, Mr Iredell said.“When we made the application to the National Trust, they were delighted because we were young like-minded people and my architectural background complemented where we wanted to go,” he said.“We had to do everything. All that was left was what I would call a solid shell. There was no roof, no glass, no doors, no windows, no power.“It’s a cracker of a house,” he said.High ceilings and decorative plasterwork reflect the home’s history, with marble fireplaces adding to the grand living rooms.The front living room overlooks the gardens, while both the lounge and formal lounge and dining room open onto the back garden via French doors. Although many people would be surprised to discover the home, they Iredells have shared it with many couples who have held their weddings at the idyllic spot.Mr Iredell said erected a glass conservatory to host the functions.The kitchen, with granite benches and a scullery, has a commercial cooker.There’s plenty for families too, with a solar-heated swimming pool with a separate pool house and a tennis court.Hydronic heating and ducted heating provide modern comfort through the house.Upstairs is home to four bedrooms (one with an adjoining study), two bathrooms and a cosy theatre room.Possibly the most incredible aspect is the vineyard, which produces a cool climate shiraz that took out a Geelong Wine Show award in 2015.The property has rights to draw water from the river to irrigate the vineyard.