James Powditch secures Annandale warehouse sale

James Powditch secures Annandale warehouse sale
Staff reporterJune 27, 2017

Artist James Powditch’s converted Annandale warehouse passed in at weekend auction has now been sold.

The $2.85 million opening bid was followed by a vendor bid of $3.7 million, which is understood to be the sale price.

When mixed-media artist James Powditch and his wife, graphic designer Diane Adair bought their Annandale home, it was just an empty shell of a warehouse.

It was marketed as one of the best warehouse residences in Sydney. 

BresicWhitney agent Chris Nunn had a $3.5 million price guide for the 320 sqm building.

The couple paid $1.05 million before its conversion in 2010 into 500 sqm of internal living space, including five bedrooms.

Editor's Picks

Capio to bring new apartments with Latent Defects Insurance to Carlingford
Resilience Latent Defects Insurance: A catalyst for higher property valuations and resale confidence
Downsizers drive demand at Lewis Land's Harbour Shores masterplan in Biggera Waters
DVB approved for second Broadbeach apartment development
Walker Corp reveals SOL by Walker, Maroochydore apartments