Heritage-listed art deco unit block to be transformed into 12-bedroom family mansion

first_imgThis block of units at 32 Moray St, New Farm, has sold for $2.95 million.LJ Hooker New Farm selling agent Claudia Marchand said the property, known as Edgecliffe Court, had attracted investors from Sydney, Melbourne, New Zealand and Japan and five offers.“I had about 200 people calling me about it,” Ms Marchand said. Mortgage stress continues to rise Brisbane’s most in-demand suburbs Housing markets continue to cool More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour agoBut in the end, the building sold to a local architect who plans to restore it to its former glory.“They want to turn it into a family home and renovate it completely,” Ms Marchand said.“They’re going to beautify it. It’s going to be a mansion!” This art deco unit block at 32 Moray St, New Farm, has sold.Set on a 713sq m elevated block, the property features six large apartments with views to the Brisbane River and city.Each apartment has two bedrooms, meaning the entire building will become a 12-bedroom home if the new owners get their way, as well as a sunroom, internal laundry, modernised kitchen and bathroom.There are also five lockup garages and a covered car space. GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERE Inside one of the six apartments at 32 Moray St, New Farm.The property’s art deco features include high ornate ceilings, original timber joinery, faceted bay windows, timber floors and wide overhanging eaves.Ms Marchand said it was “extremely rare” for such a historic unit block in such a prime location to become available for sale.The last block of units had sold at 107 Moray Street for $2.65 million in 2013.center_img This entire block of units at 32 Moray St, New Farm, has sold for $2.95m.AN ENTIRE art deco apartment building in New Farm has sold for $2.95 million to a local architect who plans to transform it into a massive family home.The heritage-listed property at 32 Moray Street was built in 1936 by William Danaher — a bookmaker with the Tattersall’s Club Brisbane.It was sold as a deceased estate after being owned by the same family for 81 years.And while New Farm may have changed in that time, the red-brick building is as grand as ever.last_img

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