Buyers on the hunt for an unusual property to own this Christmas should look no further than the architectural transformation of this Annandale corner shop.
Designed by the owner Geoffrey Klimpsch, 260 Young St might just be the definition of character charm meets modern design.
Originally a corner shop between 1895 to 1990, the property was reworked 20 years ago to its current layout of a downstairs office and upstairs residence.
On the market with a $2.3 million-$2.5 million price guide, The Agency’s Alister Barrett said the property is savvy way for a large family to get into the market for a fraction of the cost.
“You can easily convert this into a single four to six-bedroom house and come out on top, as home of this size in Annandale would easily cost $3 million plus,” he said.
Most of the interest so far is from buyers looking to use the property as an investment or office site. There has also been a few buyers looking to convert 260 Young St into a home.
Tucked behind a raised footpath with kerb line fence that was created for trams to run up and down Booth St, Mr Klimpsch who owns the property his wife Sue, said the inspirations for the design was about combining the old with the new.
“We renovated, extended, and sympathetically modernised the building, including the reinstatement of the street awning and first floor front veranda,” Mr Klimpsch said.
“The slightly northeast aspect makes the rear decks and upper balconies very pleasant both in the morning and evening.”
The ground floor has a meeting room, reception and two office spaces. There is also big sliding doors that flow out to a large deck and grassed garden. Upstairs has two bedrooms, including one with a wraparound balcony. There is also a terrace and a living and dining space.
The listing comes at a time when the inner west market is seeing unprecedented growth, with property market set to see record house prices in a matter of months.
“I don’t think anyone can believe how quickly the market has bounced back and the sentiment is certainly good for sellers and buyers,” Mr Barrett said.