A couple has picked up a home in a converted Kensington cherry factory while holidaying on a tiny island off the coast of New South Wales.
Anthony Ellis and his wife Danielle were in a bungalow on “tropical paradise” Lord Howe Island when they bought 403 Macaulay Rd for $1.17 million.
RELATED: Kensington warehouse the cherry on top of Jam Factory floors
Danihers’ Moonee Ponds investment sells to couple on their wedding day
Australian cricket captain Aaron Finch lists Kensington warehouse
Mr Ellis’s father bid on his behalf while he instructed over the phone.
He was the only participant in the auction and scored the three-storey pad for right on reserve,
after Rendina Real Estate director Lou Rendina placed a couple of vendor bids
“We were quite set on a converted warehouse,” Mr Ellis said.
“And considering clearance rates are in the low-40 (per cent range), it put the ball in our court. It was a strategic move to buy now.”
The buyers will move into the home, with two large bedrooms and a study, from a sub-penthouse in the CBD.
The sellers, Nicky and Yvonne, had owned the property since it was converted 17 years ago and offloaded it to move to the Sunshine Coast.
Nicky said he had loved the conversion’s “cool” style and location “close to everything”.
Mr Rendina said the cherry factory closed in the ‘70s or ‘80s, and was “full of cherry boxes” when it was later taken over by developers.
These days it features recycled Jarrah floorboards from Chapel St’s famed Jam Factory, doors from an abandoned hospital in Melbourne’s east and a rooftop terrace with city views.