Halstead House – believed to be the oldest existing residence in Caulfield – has hit the market for the first time in 37 years.
The Colonial homestead with a three level tower at 23 Bambra Road, Caulfield North, is expected to sell for between $11 million and $12 million.
Built in 1857 by stock agent James Dickson, who lived there until his death in 1890, Halstead House was the original homestead in the Caulfield North area, Marshall White marketing agents Marcus Chiminello and Nicholas Brooks said.
At 23 Bambra Road, on the south west corner of Halstead Street – a block from Caulfield Park – the home sits on a 2760 sqm block with a circular driveway, north-south tennis court, pool, botanic garden with pond and converted stables.
Inside, Halstead House offers a study or den, said to be “palatial in scale”, eight bedrooms, a grand sitting room, and formal and informal dining rooms.
The interior retains many original fixtures and fittings including a fireplace within the main bedroom, wood stove and timber floors, the agents said.
The tower, with a mansard roof, includes cast iron balustrade.
“Halstead is one of the few remaining remnants of Caulfield when it was an area of mansion houses occupied by town residing squatters, professionals and businessmen,” the VHD said in this Statement of Significance regarding the dwelling.
“It is important for its place in the socio-economic history of south eastern Melbourne, the inland pattern of development stretching from Malvern through Murrumbeena”.
Former Kmart and McDonalds chief executive Guy Russo is one of Caulfield North’s highest-profile residents: paying $11 million some seven years ago for the landmark Rosecraddock estate.