Historic sites power Redfern Renaissance
NESTLED between the Sydney suburbs of Redfern, Waterloo, Erskineville, and Alexandria, the heritage railway workshops cover a vast site, and have played a huge role in the local community for more than 100 years.
The historic buildings on the northern side of the railway line house Carriageworks, an enormous arts centre which hosts major cultural events. In addition to cutting edge modern art and performances, Carriageworks has become an extremely popular local spot drawing huge crowds each Saturday to their Farmers Market, which focuses on organic and bio-dynamic foods.
South of the railway, the workshops have been transformed into Australia Technology Park (ATP), a huge exhibition space used for conventions, and a business hub for innovation and start-up high tech businesses. In November 2015, the NSW Government announced the sale of the heritage protected ATP site to Mirvac, along with plans for a major redevelopment including new office buildings on the site. A number of high profile businesses have already announced plans to relocate to ATP, with Commonwealth Bank indicating they will be relocating 10,000 employees to their new offices at the site.
Peter Shield, Project Sales Director at Ray White believes that the expansion of office space at ATP will accelerate the gentrification of the area and lift neighbourhood property prices. He said, “Professional couples are looking to escape Sydney’s commuter hell, and are ideally looking for locations where they can walk to work, bike, or have a short public transport commute. The neighbourhoods near ATP are perfectly located for public transport, and likely to experience a very rapid lift in demand amongst both renters and owner occupiers.”
The Teracota apartments are a 5 minute walk away from both Erskineville’s famous cafes and ATP. Designed specifically for professional couples, the boutique complex of 29 apartments includes large floor plans and balconies, parking, double height voids, and luxurious finishes such as solid Blackbutt flooring. The kitchens include minimalist styling, Ceasarstone benchtops, an integrated fridge, and Miele appliances. Bathrooms include glamorous shower fittings, free-standing bathtubs, and limestone finishes.
Approximately 70% of the complex is made up of 3 bedroom apartments or townhouses, which is extremely unusual for Sydney apartment developments. The 3 bedroom townhouses feature their own private lockup double garages, perfect for people who need extra storage space, with a private internal staircase providing access.
Teracota Apartments
2 – 24 Mitchell Road Alexandria
www.teracota.com.au
Developer: LivStyle
Architect: Bennett Murada
Building includes a relaxing landscaped central garden courtyard and unique street façade. Apartments include air-conditioning and double glazed windows. All apartments include parking spaces. Townhouses include dual lock-up garages with internal private staircases to living areas. Penthouse apartments include private rooftop gardens.
Agent: Ray White Erskineville, Peter Shield 0417 884 882
Display: Located at 59 Erskineville Road, Erskineville. Open Sat/Sun 11am to 1pm
1 Bedroom apartment with parking from $795,000
2 Bedroom apartment with parking for 2 cars from $995,000
3 Bedroom townhouse with parking for 2 cars from $1,650,000
3 Bedroom penthouse with parking for 2 cars from $1,650,000
