The Barley House, 1860s Collingwood warehouse fails to sell
Jonathan ChancellorAugust 11, 2014
The historic Collingwood warehouse of the Hong Kong-based banker Richard Lee was passed in at weekend auction at $1.3 million.
Lee, chief operating officer of the investment banking division of CLSA, and his wife Peta, bought the property in 2010 for $905,000.
They spent the next 18 months renovating part of the 150-year-old Victoria distillery.
The four-level three bedroom warehouse at 14/21 Northumberland Street had been listed Sarah Sharp, of RT Edgar.
The warehouse conversion was within the Barrett Burston Collingwood Malthouse.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.