Featuring a commanding position in the vibrant heart of Newtown, this huge and exceptionally versatile tri level warehouse is set on a prime level 390sqm corner block. A rare and prized offering, it features DA approval to develop into six apartments including a whole-floor penthouse with roof terrace with expansive city and district views. Currently configured as three unique private residences and a versatile gallery/studio space, it features a prominent setting just off bustling King Street.

Entrenched in history, the former Champions Textile warehouse has enjoyed a rich and colourful past. Over the last decade media commentator Alan Jones has broadcast from the building, world boxing champion Danny Green has trained in it and acclaimed fashion designer Dion Lee has used it has his studio.

Featuring access via Victoria Street to a large double garage and secure forecourt with parking for four cars, it comes with DA approved plans by award-winning firm David Roberts Architects for development into a boutique warehouse apartment block. The approved plans are for four two-bedroom apartments with balconies or courtyards, a one-bedroom mezzanine apartment and enormous whole-floor penthouse with north facing terrace (all with parking).

Offering a multitude of versatile opportunities, it’s ideal as a home plus income prospect comprising a one bedroom apartment, large three bedroom mid floor apartment and a lofty top floor penthouse retreat. Authentic warehouse features include soaring vaulted ceilings, large warehouse style windows and huge open plan layouts. Explore the outstanding potential offered by this prominent local landmark and capitalise on the DA approval to develop.