Former hessian bag factory in Yarraville sells for $1,315,000

Former hessian bag factory in Yarraville sells for $1,315,000
Staff reporterAugust 12, 2019

There was a strong weekend result at Yarraville where a former hessian bag factory remodelled by architect Angela Banks fetched $1,315,000.

It sold at $115,000 above reserve with competition from three bidders.

The buyer of the 28 Tarrengower Street offering had been looking since early this year.

The 1880s property last sold at $290,000 in 2004 had a $1.12 million to $1.19 million price guidance through the Jas Stephens agency.

Editor's Picks

First look exclusive: Polycell files Sandpiper redevelopment plans after owner buyout
Inside Melbourne's new nature-based neighbourhoods
First look: Stockwell files for new Vulture Street, West End apartment tower
From Broadbeach to Main Beach: Why local downsizers are making the move to Drew Group’s Lagoon Main Beach
SMA Projects makes downsizing easier at The Regent Fitzroy with ‘Settle When You've Sold’ initiative