Designer Collingwood townhouse soars above price guide
A city edge townhouse sanctuary in Collingwood fetched $2,255,000 at recent weekend auction, significantly above its price guide.
The 10 Little Oxford St offering was in a warehouse originally built in the 1950s and converted into residences in 2001.
Property developer John Wark and lawyer Katarina Palmgren bought the home 13 years ago and undertook its refurbishment in 2018.
It last traded in 2008 at $520,000.
The update was done by Robert Nichol & Sons Architects.
Simon Shrimpton at Jellis Craig had given a $1,850,000 to $2 million price guide with it featured on The Design Files web site.
It was marketed as having "luxurious designer spaces of a high-calibre warehouse residence."
The extensive light-filled space came with high-class features and views in a convenient position near Smith and Gertrude Streets’ dining, cafés, shops and trams.
Smith Street, the edgy Collingwood strip, was recently named the coolest street in the world.
The recent comparables advised by Jellis Craig included a Kerstin Thompson-designed townhouse at 93 Little George Street, Fitzroy sold at $2,005,000.
There had also been Station Mews, at 117 Station Street, Carlton at $2,065,000.
The agents cited the sale at 6/120 Queens Parade, Fitzroy North at $1.8 million, in the former 1930s Selotta Shoes Factory townhouse conversion.