A former 1890s boot factory in Tempe was sold at weekend auction for $2.65 million.
It was listed by owner-builder Scott Stephens and wife, Pamela who designed the 2011 refurbishment, taking care not to lose too much of the building’s character.
A second storey was inserted at both ends and, as there was no outdoor space parts of the roof were removed to create three courtyards.
There's even a swimming pool with a rock-climbing course alongside.
The authentic warehouse conversion with 438 sqm space at 8 Bridge Street came with a $2.4 million price guide.
It previously traded at $825,000 in 2010 and had been available at $1600 a week rental.
It was sold to Paul Hardy and Hilary Jackson who live in a unrenovated warehouse in Chippendale.
This article was first published in the Sunday Telegraph.