Camperdown warehouse conversion sells at $4,275,000

Camperdown warehouse conversion sells at $4,275,000
Jonathan ChancellorMarch 11, 2015

The Camperdown warehouse at 31 Australia Street (pictured above) was the week's fourth highest reported at $4,275,000 sale, according to CoreLogic RP Data.

The luxury steel-framed residence was offered by BresicWhitney agent Shannan Whitney, who had given it a price guide of about $3.5 million.

It was sold by Macquarie Bank executive Peter Lucas who bought the holding in 2007 for $1.45 million from property developer and restaurateur father and son team Leon and John Fink.

The design by architect Andrew Vingilis of Corben Architects was completed in 2009.

It bettered Camperdown's $3.65 million high paid late last year for a converted warehouse on Gibbens Street.

CoreLogic RP Data's top 10 home

  1. 7001/14 The Esplanade, Surfers Paradise, QLD, 4217, four-bedroom unit, sold at auction on March 7 by McGrath Estate Agents for $7 million

  2. 10 Mirimar Avenue, Bronte, NSW, 2024, four-bedroom house, sold on March 3 by Phillips Pantzer Donnelley for $5.6 million

  3. 55 Darley Road, Randwick, NSW, 2031, five-bedroom house, sold at auction on March 3 by BradfieldCleary Double Bay for $4.7 million

  4. 31 Australia Street, Camperdown, NSW, 2050, four-bedroom house, sold at auction on March 5 by BresicWhitney Glebe for $4.275 million

  5. 28 Ranelagh Road, Burradoo, NSW, 2576, four-bedroom house, sold on March 3 by Drew Lindsay Real Estate Bowral for $4.175 million

  6. 1B Tara Street, Woollahra, NSW, 2025, three-bedroom house, sold at auction on March 3 by BradfieldCleary Double Bay for $3.85 million

  7. 25/501 Glebe Point Road, Glebe, NSW, 2037, three-bedroom unit, sold at auction on March 6 by Gavagna Group Stanmore for $3.75 million

  8. 47 Glenview Street, Paddington, NSW, 2021, three-bedroom house, sold at auction on March 3 by BradfieldCleary Double Bay for $3.31 million

  9. 73 Bannockburn Road, Pymble, NSW, 2073, five-bedroom house, sold at auction on March 4 by McGrath Estate Agents for $3.2 million

  10. 21 The Citadel, Castlecrag, NSW, 2068, four-bedroom house, sold at auction on March 3 by Richardson & Wrench Castlecrag for $2.8 million

 

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.

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