Channel 7 buys Beaconsfield warehouse - possibly for House Rules
The Seven Network has bought an inner-Sydney Beaconsfield warehouse, marketed as “a creative warehouse with residential development upside.”
It is expected to be for one of its lifestyle shows such as House Rules or Better Homes & Gardens.
The Australian reported Seven Network (Operations) was so keen to acquire the two-level warehouse at 12-14 Victoria Street, Beaconsfield, for about $3 million that it snapped up the property before its September 20 scheduled auction.
The property features potential for terrace and townhouse redevelopment as well as a large frontage to Victoria Street in the upcoming trendy suburb.
The warehouse’s ground floor was previously used as a jewellery manufacturing operation while its upper levels were used as a home for its owner, costume jewellery and belt designer Peter Lang.
The warehouse also sports an outdoor upstairs courtyard.
Seven Network (Operations) bought the 780 square metre property through Knight Frank South Sydney agent Demi Carigliano.