Former Redfern post office for sale

Former Redfern post office for sale
Staff reporterSeptember 20, 2018

The former Redfern post office premises has been listed for sale.

The two storey, Victorian Italianate building at 119 Redfern Street is being sold by international architecture firm DKO, who paid $2.6 million for the property in 2014 when it was sold by LINC Energy founder Peter Bond.

He had paid $2,125,000 three years earlier when buying from celebrity publicist Max Markson.

Since the 2014 trade, the building has undergone a brand new refurbishment from DKO, and is now up for sale for around $5 million.

Built in 1882 by colonial architect James Barnet, the four and a half storey corner clock tower and post office included a telegraph office, parlour, drawing room, three bedrooms, kitchen, a servant's room, bathroom, scullery, washhouse, fuel shed and two stall stables. 

In 1880, £3000 was provided for the erection of the Redfern post office, and then the Public Works added a clock tower for an estimated extra £700.

The building has 480 square metres of internal space on its 330 square metre Redfern Street block. 

When it sold in 2014, there were some who were looking at possibly turning the landmark building into a home.

Colliers International are marketing the building that was sold by Australia Post in 2000 for $600,000.

Colliers agent Tony Crane, who sold the building to DKO, said to see a high quality renovation of a heritage building was rare.

"It’s extremely rare to see heritage buildings restored to this level while still retaining the original heritage façade," Crane said.

"Redfern has become a burgeoning hub for creative business and 119 Redfern Street is well suited to the area and for those who are Looking beyond traditional, corporate space."

Earlier this year Redfern's popular Alchemy commercial spaces were listed for sale, however none of the five commercial spaces have yet to find a buyer.

The Alchemy, further down Redfern Street, comprises the busy restaurants Bart Jr, Fern St, Isaacs and Juan. Isaacs takes up two commercial spaces.

Editor's Picks

First home buyers jump at Victoriana apartments on Melbourne's Albert Park
Sekisui House Australia approved for Dawn, the latest stage at $5 billion Melrose Park masterplan
Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown
Aurora On Depper, St Lucia: Construction Update
R.Iconic: A Lifestyle-First Masterpiece in Melbourne