If you don’t find this Elwood warehouse conversion at 13/83 Brighton Rd a bit funky, we’ll eat our hats.
BUYERS will be doffing their hats to this funky warehouse conversion that has hit the market in Elwood. Those looking to add a new feather in their cap will marvel at the chic industrial pad at 13/83 Brighton Rd. The three-bedroom tri-level apartment at the rear of Elwood’s Old Hat Factory complex has a $975,000-$1.05 million price tag.
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The trendy pad is one of 15 apartments within the warehouse conversion.
The kitchen serves up an industrial vibe.
McGrath St Kilda agent Rachael O’Connor said warehouse conversions were almost unheard of in Elwood.
“Elwood is traditionally a residential area, not a commercial area so there isn’t old factories or warehouses that have been converted,” Ms O’Connor said.
“This one is in a great spot, tucked away at the very back of the block.”
The tri-level pad has a $975,000-$1.05 million price tag.
To cap it off the property features hints of its formal industrial life throughout, including exposed brick walls, high ceilings, timber and steel beams and polished floorboards.
“The proportions are really good with really high ceilings and it still has the industrial element to it with the exposed brick and beams,” Ms O’Connor said.
“There’s quite a bit of flexibility in the buyer with young couples or singles, but it could also suit a young family because there’s enough space in there.
“It has broad appeal.”
There are three bedrooms, including two on the first floor and the third on the top level.
Raw brick walls and exposed beams feature throughout.
The home also features an industrial influenced kitchen with stainless steel benchtops, a main open-plan living area and a sunny courtyard that doubles as a car space.
Elwood has a $635,250 median unit price which has grown 17.6 per cent in the past five years, CoreLogic data shows. This figure is a dramatic jump from the area’s $2.09 million median house price.
Ms O’Connor said despite the softened market, good properties always sold well.
“Anything that is interesting or has character like this, there is still high demand for.”
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