The wheels are turning at a converted Brunswick warehouse once owned by racing legend and prominent businessman Bob Jane.
With a turbocharged history, two properties at the site, also formerly home to one of the suburb’s first clothing factories, Stephens & Co, have hit the market in recent months.
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The Victorian Heritage Database states the inter-war building reflected different architectural styles as Stephens & Co expanded.
It now features nine townhouses and four units.
Galldon Real Estate director Michael Torcasio said the townhouses had a value of about $2 million.
The three-bedroom townhouse at 3/22 Gray St, Brunswick features an open-plan living and dining area with a kitchen on the first floor, an ensuite and bathroom upstairs and a family room with a terrace on top.
A garage and fourth bedroom or study are on the ground level.
The townhouse is set to go under the hammer on March 2 with a price guide of $2-$2.2 million through RT Edgar.
Meanwhile, Mr Torcasio said 1/22 Gray St was the first apartment in the building to hit the market.
With exposed brick walls and high ceilings, it has a price range of $790,000-$860,000.
“The property had a few different lives and a lot of history behind it,” Mr Torcasio said.
“We received about 70 views and 170 inquiries so there has been decent interest.”
Inside, the double-storey unit features two bedrooms, a study, storage space and a central bathroom on the ground floor.
An open plan kitchen, dining and living room with a balcony is upstairs.
Listed since November 2018, it has been under contract since February 4.
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