Apartment inside an art deco warehouse up for grabs in Collingwood

Apartment inside an art deco warehouse up for grabs in Collingwood

An apartment inside a former engineering workshop with an Art Deco facade is up for sale in Collingwood.

The property was used as a factory in the late 1920s or 1930s, and was home to Monarch Shoes Pty Ltd in the 1940s, according to Collingwood Historical Society Inc.

Previously featuring a white-brick facade, the warehouse was converted into a block of seven apartments about 15 years ago.

No. 5/160 Easey St is now on the market and expected to sell for $800,000-$880,000.

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Nelson Alexander agent Luke Chisholm said it was a low-density property, which was a real plus in today’s market.

“It is a proper three-bedroom apartment,” Mr Chisholm said.

“Not two and a study — or two and a smaller third — but a genuine, three-bedroom warehouse conversion.

“There aren’t a lot of contemporary three-bedroom homes like this in Collingwood.”

The open-plan living and dining area with a kitchen, courtyard, bathroom and one of the bedrooms are on the ground floor.

Two more bedrooms share a bathroom upstairs.

Mr Chisholm said people were coming to Collingwood for warehouses like this.

“We have quite a broad buyer pool,” Mr Chisholm said.

“Young families, investors, first-home buyers and individuals looking to sublet have all shown interest.

“Appetite for a place like this is certainly growing.”

The apartment is set in Collingwood’s Gold Street precinct, on a street well-known for an unsolved murder case in the late 1970s,

It is set to go under the hammer at 11am, March 16.

It last sold for $650,000 in May 2012 according to CoreLogic data.

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