Surry Hills warehouse among the weekend auction top sales

Surry Hills warehouse among the weekend auction top sales
Surry Hills warehouse among the weekend auction top sales

A record price was set for a Surry Hills, inner Sydney warehouse at weekend auction when purchased by North Shore buyers.

It fetched $7.95 million some $400,000 higher than the $7.45 million prior top price.

The weekend buyer secured a 780-square-metre four-bedroom three-level warehouse in Bennett Place, a mid-19th century building that had undergone a transformation by designers Hare & Klein (above).

The space came with a four-car garage, artist’s studio, plus plenty of open-plan living areas with lofty ceiling and industrial throwbacks. 

The Bennett Place warehouse previously held the suburb record the last two times it traded, for $5.71 million in 2012 and then $3.1 million in 2009. Not sure it was a record price when it was sold at $350,000 in 1991.

Artist Melinda Marshman and medico husband, David sold the warehouse which sits on the Marshall Street corner having bought it for $5.71 million in 2012 when bought from sculptor Gaby Porter.

The 1870 building, first recorded in Sands Directory as being a carriage and livery stable, has 760 square metres of floor space.

The earlier record stood since last year at $7.55 million, when Mark Ainsworth bought the nearby one with a distinctive heart-shaped pool.

It ranks among the more authentic of the warehouses of Surry Hills that once housed the city’s rag-trade industry. 

The $7.55 million sale last year secured a heart-shaped pool as the centrepiece of 450-square-metre converted warehouse once owned by Stuart Membery. 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Tags: 
Surry Hills Residential Auctions

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