Alexandria warehouse with Dale Jones-Evans conversion sells for $3 million

Continuing the recent run of bullish inner Sydney warehouse sales, the BresicWhitney agency secured a very snappy $3 million sale this week in Alexandria.

The 1920s property at 127 Buckland Street came with a design by architect Dale Jones-Evans.

It was a 370 square metre open plan ground level flooded with atrium light. Upstairs had the two bedrooms. There was curved glass, old beams, exposed steel and polished concrete floor.

Even a zen garden.

With views towards Alexandria Park, it was marketed as within a city fringe growth hub, selling well ahead of the March 8 scheduled auction through BresicWhiteny agents Chris Nunn and Shannon Whitney. Their initial price guoidance was $2.5

It was 1997 when the singer-songwriter and adman John Hanlon secured the old building for $920,000 which came with approval for nine apartments.

But his amended plans for for just the three apartments with his twice the size of the others. Last November a freestanding Surry Hills warehouse at 8-10 Marlborough Street (pictured below) sold for $5.7 million, just $10,000 shy of the suburb's warehouse record price.

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Set on 501 square metres, it was marketed through Shannan Whitney and Nic Krasnostein as an opportunity for residential/commercial redevelopment given its B4 mixed use zoning.


Jonathan Chancellor

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.

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