10 bedrooms, 11 bathrooms: A Kings Cross special offering

10 bedrooms, 11 bathrooms: A Kings Cross special offering
Jonathan ChancellorDecember 7, 2020

Martindale, a Kings Cross terrace with 10 bedrooms and 11 bathrooms has been listed for sale by McGrath Estate Agents.

The property with a distinctive dark crimson facade at 52 Kellett Street features an insightful floor plan indicating (pictured below) the purposeful layout.

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It featured in the 1999 SMH report by the investigative duo Kate McClymont and Andrew Clennell entitled, "Our Brothel Barons".

At the time it reportedly traded as Classique, a brothel whose advertising once boasted of a speciality in lesbian double acts. It has more recently traded as Studio 52, Star 52, Antonio’s Angels and Secret Desire. The rates have been at around $120 for 30 minutes.

The building, which has been marketed as in Potts Point, was listed previously in 2011, 2012 and 2013 without success.

It last traded at $2.1 million in 2006 when bought by ETC Australias Group Pty Ltd. Its earlier sales were $1.5 million in 2004 and at $1.38 million in 1999.

The premises is for sale, not the business. Offers are due 27 August.

More than $1.8 million is being sought.

There is no registered lease, with no rental income advisory given in the McGrath marketing.

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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