Petersham's Ribbon Factory conversion coming to market

Petersham's Ribbon Factory conversion coming to market
Jessie RichardsonDecember 7, 2020

A new warehouse conversion is set to bring 10 residences to the market in Petersham.

The Ribbon Factory, developed by Orbis and designed by Orbis and Grennan Architecture, is expected to finish in 2016.

The warehouse was constructed in 1910. It was most recently the home of Curry Ribbons, which from 1947 made custom ribbons at the site.

The three level building will comprise six loft apartments and four single level apartments, featuring vaulted ceilings and timber trusses. The oregon trusses, timber joists and ironbark beams are intended to echo the warehouse's heritage.

Bathrooms will feature a combination of gloss subway and hexagonal mosaic tiles and matte grey floor tiles.

The two one level, one bedroom apartments, with 40-54 square metres of internal floor space, will be priced from $550,000. The six one bedroom loft residences start from $620,000, or $695,000 with parking. They have 57-61 square metres of internal space and are all north facing.

The two bedroom apartments, with 83-90 square metres of internal space, are priced from $910,000. Strata levies range from $540 per quarter to $940 per quarter.

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