
This 1950’s Warehouse Sold For $1,230,000 Sounds Expensive Only Until You Look Inside
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A converted industrial warehouse has been recently sold in Brisbane for a whopping $1.23M. You might be thinking “What’s the big deal?” but the house is already being nicknamed ‘The coolest home in Brisbane’ and once you see the inside, you’ll understand why.
The warehouse was built back in 1950 and looks like any ordinary facade from the outside but once you enter, you quickly see the industrial-style home in all of its glory. The huge two bedroom property has everything any hip person could want – vintage brick walls, concrete floors, exposed steel beams, and just wait until you see the bathroom! It even has a beautiful courtyard where you can “sip your Barista-made coffee while soaking up the sunshine,” said the property ad. Some other features of the property that attracted many potential buyers were a rare two street access and an open-floor design, meaning you can create any type of living space you want.
Check out this dream home in the gallery below!
This innocuous looking 1950’s warehouse was sold for a grand total of $1.23M
And when once you step foot inside it’s easy to see why
Spacious enough for all your necessities
With exposed steel, concrete floors and vintage decor this house is the perfect mixture of old and new
Old objects have been converted for new use, like this old safe that is now a dresser
Gorgeous red-tiled bathroom adds a hint of flair
Open-floor design plan so you can make the most of your space
You can even play around with the set-up
Home gym so you can get active in the comfort of your own home
Open outdoor spaces to entertain friends
Eat your meals at the table
And even take in the night air
Safe and private access to block out the noise
Another unique feature is two street access
Out of all the houses in this big city, none come close to ‘the coolest house in Brisbane’
Whose inspired to renovate?
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i'm sorry but its just an empty space filled with hipster crap.
Don't be sorry cause I was thinking the same thing. Barely one step above a being a dump.
the furniture arrangements don't compliment each other and the colors are very off balance too.
I also don't like houses like this. I need plenty of walls where I can hang paintings and posters. :)
yes
1.23 M$ for this? There could be hundreds of ultra-more-beautiful houses at half the price tag in the world. I don't see any value except that of land/location.
Half the price, for a house in Australia, not these days. A four bed room house with street parking was sold last month near me for 3.4 million. It is shocking.
Yup it's actually a bargain! Melbourne prices are crazy here where i live. No wonder younger people can't buy a home these days.
Where do you live? In our neighbourhood that's the standard for a three or four bedroom house. Depending on the age of the home, it's low. Townhouses go for between $7 and 800,000.
You are still lucky getting town house. In Singapore that is a price of mid class apartment where we need to return after 99 years (age of building).
In my early 20s I'd probably liked this bare-walled loft style. But now, being 10 years older, I'd definitely prefer something more like a home sweet home.
*Who's inspired to renovate. Not "Whose"
BP is in desperate need of a copy editor.
Some places call pull the industrial look and do something stunning. This is not such a place.
No way I would ever pay 1.23M$ for this space. That kind of money could get you something much better than this.
It is nicely renovated, this was nice to look at. But spending 0.8M$ on a building worth 0.2M$ does NOT make it worth 1 million.
It's hideous imo, especially the bedroom.
Bedroom looks like from an old assylum not to mention the massacre bathroom! Both are just horrible.
I really don't like it… No style, no real personality, and I don't feel the History of the place…
That's one hell of an ugly home. I mean empty space filled with some furniture, nothing cosy, no comfort... I know tastes should not be discussed, but I rahter my cosy small apartmanet than this dumphole.
Who’d need windows and daylight anyway?
Australia has for the ast few decades suffered under two scams designed by rich people for rich people - negative gearing and capital gains tax concessions. As a consequence rich people buy multiple houses to rent to poor people and have the tax payer and the renters pay for the costs, and make a profit to boot, and poor people pay ever more rent because they can't afford to buy their own houses in a market where investors continually drive up the price. One day Australia's real estate market is going to crash like the Dutch tulip craze a few centuries ago...
..."last few decades..."
Fail.
Only in Australia... are the chairs facing the walls.
I want it just so I can roller skate through my house when I want ;$
Interesting how few people are able to simply say "this isn't for me" but instead have to somehow make it a moral failing of anyone to like this place. Also interesting how few people know anything about the Australian housing market but still expound like experts...
There's no need to know about the Australian housing market to realise that this property is pure hype and 0 quality.
And your basis for comparison is?
Hideous....
They moved the furniture around
a tear down anywhere in Vancouver would go for 3 times that
I got downvoted above because I said that $1.2 million was normal for an ordinary house in north Chicago. I want to know where these people live that they can buy houses for 50 cents. /// For those that don't know, Vancouver is the second most expensive place to buy a home on the planet.
and your point is...?
Let me live in this! Please..! Let us go back to local market, so i can live in this...!hr hr hr
Honestly, I'd love it.
Thats a warehouse i could live in ;) It only would maybe also require a good internet connection ;)
Is this Brisbane, Australia or Brisbane, California. If California, $1.23M is about right, maybe even on the low side. A few months ago, there was a house for sale for $1.3M in Mountain View, California, and it was a total tear-down. This house had been gutted by a fire and was selling as-is for $1.3M. It wasn't even renovated and updated like this one. Sold quickly too.
its a very nice space
Australian or US dollars?
I love love the way this looks, so stunningly beautiful, I could picture myself & family loving this to pieces!
That is gorgeous! For those that don't know, it's called stealth housing, and it's becoming more and more popular around the world. There are several examples right in my neighbourhood in Chicago, where there's a lot of warehouse space empty. /// You get massive square footage, a very solid building (Chicago warehouses are brick, just like this), VERY efficient HVAC, and a blank slate to do what you want. It's like building a house inside an existing building. /// I would do this in a cold minute the next time we move (we retire in four or five years).
I still dont know why 🤣
My first thought was "what about the heating costs?" I don't want to think about the gas bill in the winter trying to keep that place warm.
It's in Australia, so I'm guessing heating isn't that big an issue. Air conditioning would be very efficient, though. The ceiling is thoroughly insulated (I would have covered that, but that's a style thing) and the entire thing is solid brick with a concrete floor, which is naturally cool. ///// The windows are clerestory and can open to vent hot air out of the house at night, then closed to maintain the temperature during the day - that's a smart design. It's probably a LOT cheaper to cool than a standard house..
That's cool enough, I guess, but it certainly isn't worth 1, 230,000,000 dollars. Especially since the whole thing looks like a glorified garage.
Pretty cool look. How's the echo (echo)?
Still. Waaaay toooo expensive
Windows were not included
Ugly house with nothing inside. And what is the "coolest house in Brisbane"?
Still wouldn't buy it.. not impressed.
Just goes to show what a little bit of imagination can do.
I'm sure the furniture does not come with.
I can't live in a place without window/sunlight!
I can't live in a place without window!
A million dollar dump.
Yuck. No thanks.
Hideous. It should have stayed as a warehouse
Not for me, I would go insane with the lack of windows
If the inside is all fixed up , but the outside is looking like a ghetto guess what ? It's a ghetto ! If I pay all that money for a place , it had best look good inside and out !
After the "cool & unexpected" moment passes...you'd realize what a waste of money that was...
whoever bought this better die there, cause you ain't getting that money back.
I thought this was amazing. Ok, I know I'm an archetecture geek, but still, how can you not like this?
Does author even know the meaning of the word 'warehouse'? Apparently not, because large surface and high customisability are the basic traits of such a building. Even if we factor in the furniture, we still have sparsely furnitured house with no wall insulation, very little daylight, ugly ceiling and poorly made, impractical bathroom (general overhaul necessary if it has to look good). An all of this for 1.23 million? A brand new 4-bedroom, 300 square meter house in Brisbane suburbs can be bought for half of that price. I'm not saying that living in a warehouse is a bad idea, far from it - such buildings make great lofts, especially if you need some space for a hobby workshop or small business. But such buildings can be bought for way lower prices and commissioned to be built from scratch for even less.
Thats just a normal housing price in Australia these days
erm, this is shite. This house is not even built with good quality and craftsmanship. Did you see the bathroom tiling all crappy already, just to name one?
some carpets will do.
who would want to live there?
Me! Stealth housing is awesome. It's all over Chicago. The city is full of unused warehouses that are in great shape. They're being bought up and used as single family homes.
I still think this is way to expensive for old furniture :D
It sold for that much bc of the location
Only cool thing about this, is the address. "133" is a European sword fighting treatise from the 13-14th century. https://en.wikipedia.org/wiki/Royal_Armouries_Ms._I.33
It looks like something you'd film a season of Real World in.
overpaid by about $1 million
The building itself is worthless. It's the lot. My parents live in a Silicon Valley city in CA. They bought this old run-down house before prices got insane (30+ years ago). The house is worth something like 15-times what they paid for it (and they still paid a lot back in the day). If someone bought the place, they'd do what is done to every house in that neighborhood that gets bought -- it would get torn down and something new built. It's just the lot that's worth so much -- not the house.
I am quite sad to see this being a "renovation" and "style" thingy. I had hoped for something like a technology startup using this, for example for something like vertical farms, striving for making the world a better place through applying technology...and obviously starting in affordable premises.
you should always judge a book by it's cover, that's why they put a brief description on them...
Thats not always true...
Pity they didn’t try to clean up before bring in the furniture!
It is hideous!
Still not worth that much money. Very barren. Must be the location.
*Who's. Who's = who is. Whose = belonging to. (Ex: Whose pink cat is this?)
Do those nits taste good?
That places looks like it echos every damn thing...it would be cool to VRBO during a wild weekend but not to live in
No thank you.
All that and no garage at that price? Forget it!
*who's* inspired to renovate
I don't like it. It makes me anxious.
How much for that???? I'd rather stay put and buy new things for my house. Not worth $1 1/4 M.
"Gorgeous red-tiled bathroom adds a hint of flair." That sentence makes me gag. Also the bathroom makes me gag.
Yea I don't really like the bathroom... but the rest of the house was ok I guess
Plus they didn't clean properly.. or they need the grout redone..
i'm sorry but its just an empty space filled with hipster crap.
Don't be sorry cause I was thinking the same thing. Barely one step above a being a dump.
the furniture arrangements don't compliment each other and the colors are very off balance too.
I also don't like houses like this. I need plenty of walls where I can hang paintings and posters. :)
yes
1.23 M$ for this? There could be hundreds of ultra-more-beautiful houses at half the price tag in the world. I don't see any value except that of land/location.
Half the price, for a house in Australia, not these days. A four bed room house with street parking was sold last month near me for 3.4 million. It is shocking.
Yup it's actually a bargain! Melbourne prices are crazy here where i live. No wonder younger people can't buy a home these days.
Where do you live? In our neighbourhood that's the standard for a three or four bedroom house. Depending on the age of the home, it's low. Townhouses go for between $7 and 800,000.
You are still lucky getting town house. In Singapore that is a price of mid class apartment where we need to return after 99 years (age of building).
In my early 20s I'd probably liked this bare-walled loft style. But now, being 10 years older, I'd definitely prefer something more like a home sweet home.
*Who's inspired to renovate. Not "Whose"
BP is in desperate need of a copy editor.
Some places call pull the industrial look and do something stunning. This is not such a place.
No way I would ever pay 1.23M$ for this space. That kind of money could get you something much better than this.
It is nicely renovated, this was nice to look at. But spending 0.8M$ on a building worth 0.2M$ does NOT make it worth 1 million.
It's hideous imo, especially the bedroom.
Bedroom looks like from an old assylum not to mention the massacre bathroom! Both are just horrible.
I really don't like it… No style, no real personality, and I don't feel the History of the place…
That's one hell of an ugly home. I mean empty space filled with some furniture, nothing cosy, no comfort... I know tastes should not be discussed, but I rahter my cosy small apartmanet than this dumphole.
Who’d need windows and daylight anyway?
Australia has for the ast few decades suffered under two scams designed by rich people for rich people - negative gearing and capital gains tax concessions. As a consequence rich people buy multiple houses to rent to poor people and have the tax payer and the renters pay for the costs, and make a profit to boot, and poor people pay ever more rent because they can't afford to buy their own houses in a market where investors continually drive up the price. One day Australia's real estate market is going to crash like the Dutch tulip craze a few centuries ago...
..."last few decades..."
Fail.
Only in Australia... are the chairs facing the walls.
I want it just so I can roller skate through my house when I want ;$
Interesting how few people are able to simply say "this isn't for me" but instead have to somehow make it a moral failing of anyone to like this place. Also interesting how few people know anything about the Australian housing market but still expound like experts...
There's no need to know about the Australian housing market to realise that this property is pure hype and 0 quality.
And your basis for comparison is?
Hideous....
They moved the furniture around
a tear down anywhere in Vancouver would go for 3 times that
I got downvoted above because I said that $1.2 million was normal for an ordinary house in north Chicago. I want to know where these people live that they can buy houses for 50 cents. /// For those that don't know, Vancouver is the second most expensive place to buy a home on the planet.
and your point is...?
Let me live in this! Please..! Let us go back to local market, so i can live in this...!hr hr hr
Honestly, I'd love it.
Thats a warehouse i could live in ;) It only would maybe also require a good internet connection ;)
Is this Brisbane, Australia or Brisbane, California. If California, $1.23M is about right, maybe even on the low side. A few months ago, there was a house for sale for $1.3M in Mountain View, California, and it was a total tear-down. This house had been gutted by a fire and was selling as-is for $1.3M. It wasn't even renovated and updated like this one. Sold quickly too.
its a very nice space
Australian or US dollars?
I love love the way this looks, so stunningly beautiful, I could picture myself & family loving this to pieces!
That is gorgeous! For those that don't know, it's called stealth housing, and it's becoming more and more popular around the world. There are several examples right in my neighbourhood in Chicago, where there's a lot of warehouse space empty. /// You get massive square footage, a very solid building (Chicago warehouses are brick, just like this), VERY efficient HVAC, and a blank slate to do what you want. It's like building a house inside an existing building. /// I would do this in a cold minute the next time we move (we retire in four or five years).
I still dont know why 🤣
My first thought was "what about the heating costs?" I don't want to think about the gas bill in the winter trying to keep that place warm.
It's in Australia, so I'm guessing heating isn't that big an issue. Air conditioning would be very efficient, though. The ceiling is thoroughly insulated (I would have covered that, but that's a style thing) and the entire thing is solid brick with a concrete floor, which is naturally cool. ///// The windows are clerestory and can open to vent hot air out of the house at night, then closed to maintain the temperature during the day - that's a smart design. It's probably a LOT cheaper to cool than a standard house..
That's cool enough, I guess, but it certainly isn't worth 1, 230,000,000 dollars. Especially since the whole thing looks like a glorified garage.
Pretty cool look. How's the echo (echo)?
Still. Waaaay toooo expensive
Windows were not included
Ugly house with nothing inside. And what is the "coolest house in Brisbane"?
Still wouldn't buy it.. not impressed.
Just goes to show what a little bit of imagination can do.
I'm sure the furniture does not come with.
I can't live in a place without window/sunlight!
I can't live in a place without window!
A million dollar dump.
Yuck. No thanks.
Hideous. It should have stayed as a warehouse
Not for me, I would go insane with the lack of windows
If the inside is all fixed up , but the outside is looking like a ghetto guess what ? It's a ghetto ! If I pay all that money for a place , it had best look good inside and out !
After the "cool & unexpected" moment passes...you'd realize what a waste of money that was...
whoever bought this better die there, cause you ain't getting that money back.
I thought this was amazing. Ok, I know I'm an archetecture geek, but still, how can you not like this?
Does author even know the meaning of the word 'warehouse'? Apparently not, because large surface and high customisability are the basic traits of such a building. Even if we factor in the furniture, we still have sparsely furnitured house with no wall insulation, very little daylight, ugly ceiling and poorly made, impractical bathroom (general overhaul necessary if it has to look good). An all of this for 1.23 million? A brand new 4-bedroom, 300 square meter house in Brisbane suburbs can be bought for half of that price. I'm not saying that living in a warehouse is a bad idea, far from it - such buildings make great lofts, especially if you need some space for a hobby workshop or small business. But such buildings can be bought for way lower prices and commissioned to be built from scratch for even less.
Thats just a normal housing price in Australia these days
erm, this is shite. This house is not even built with good quality and craftsmanship. Did you see the bathroom tiling all crappy already, just to name one?
some carpets will do.
who would want to live there?
Me! Stealth housing is awesome. It's all over Chicago. The city is full of unused warehouses that are in great shape. They're being bought up and used as single family homes.
I still think this is way to expensive for old furniture :D
It sold for that much bc of the location
Only cool thing about this, is the address. "133" is a European sword fighting treatise from the 13-14th century. https://en.wikipedia.org/wiki/Royal_Armouries_Ms._I.33
It looks like something you'd film a season of Real World in.
overpaid by about $1 million
The building itself is worthless. It's the lot. My parents live in a Silicon Valley city in CA. They bought this old run-down house before prices got insane (30+ years ago). The house is worth something like 15-times what they paid for it (and they still paid a lot back in the day). If someone bought the place, they'd do what is done to every house in that neighborhood that gets bought -- it would get torn down and something new built. It's just the lot that's worth so much -- not the house.
I am quite sad to see this being a "renovation" and "style" thingy. I had hoped for something like a technology startup using this, for example for something like vertical farms, striving for making the world a better place through applying technology...and obviously starting in affordable premises.
you should always judge a book by it's cover, that's why they put a brief description on them...
Thats not always true...
Pity they didn’t try to clean up before bring in the furniture!
It is hideous!
Still not worth that much money. Very barren. Must be the location.
*Who's. Who's = who is. Whose = belonging to. (Ex: Whose pink cat is this?)
Do those nits taste good?
That places looks like it echos every damn thing...it would be cool to VRBO during a wild weekend but not to live in
No thank you.
All that and no garage at that price? Forget it!
*who's* inspired to renovate
I don't like it. It makes me anxious.
How much for that???? I'd rather stay put and buy new things for my house. Not worth $1 1/4 M.
"Gorgeous red-tiled bathroom adds a hint of flair." That sentence makes me gag. Also the bathroom makes me gag.
Yea I don't really like the bathroom... but the rest of the house was ok I guess
Plus they didn't clean properly.. or they need the grout redone..