The Bunker, Melbourne sells through Savills for $2.9 million

The Bunker, Melbourne sells through Savills for $2.9 million
Jonathan ChancellorDecember 7, 2020

One of an estimated seven house abodes in the Melbourne CBD has been sold for $2.9 million.

Known as 'The Bunker', the house at 6 Kirks Lane is tucked away in one of Melbourne's laneways just metres from the Hardware Lane cafe strip.

The building (pictured below), which comprises three levels with an additional rooftop spanning 340 square metres, has views over the CBD.

The warehouse last traded in 1996 for $700,000. It was sold by the Nauru-based businessman Desmond Oppenheimer andn his wife, Sophie.

At one stage the building was the abode of architect John Denton and also as offices of the onetime lipstick queen Poppy King.

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The first floor is mostly open plan space with polished concrete floors, a kitchen and bar area, along with an internal courtyard, cinema room and dining area. It also has two bedrooms and an additional TV room and living space.

The second floor has an additional internal courtyard, kitchen, recreation room and open plan bedrooms with the rooftop being accessed via a separate staircase.

Savills selling agent Clinton Baxter said there was a huge amount of interest in the property, which had close to 50 inspecting parties during the sales campaign.

“Interest in future uses included hospitality, commercial, residential, hotel and mixed-use before the property was sold to an inter-state buyer intending to retain the property as a single private dwelling,” he said.

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The sale was negotiated by Clinton Baxter and Nick Peden of Savills Melbourne.

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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