Tracey Lester has sold a rare open warehouse space in Fitzroy.
Publican Tracey Lester has sold a Fitzroy warehouse she bought to turn into her dream home.
The creative mind behind colourful bars The Carlton Club, the Windsor Hotel and Helza Hotel sold 4 Wood Street for an undisclosed sum.
Nelson Alexander Fitzroy agent Sonya Laferla declined to comment on the sale price of the former artist’s residence, which was advertised with price expectations of $3.3-$3.5m.
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The warehouse space is a blank canvas.
It was formerly used as an artist residence.
“(Tracey’s) very pleased with the result and the buyers are ecstatic to have got such a special property,” Ms Laferla said.
She added that artists, designers and locals familiar with the building had all expressed interest in the property.
“A lot of the interest was from people looking at it from the point of view of working there as well as living there,” Ms Laferla said.
Tracey Lester is behind bars including The Carlton Club and Windsor Hotel.
Ms Lester added an upstairs deck to the property.
The site adjoins a park.
“The buyers would like to live in it for now and potentially use it later on for their business.”
Ms Lester purchased the property for $2.875m in September 2015, CoreLogic records show.
She previously told the Herald Sun the site would have been transformed into her dream home or a hospitality venue with an upstairs wellness centre, before the coronavirus pandemic prompted a change of heart.
Fitzroy Town Hall is just behind the property.
The property sold for an undisclosed sum.
The buyer is expected to move in, with later plans to operate their business out of the site.
“I always used to say, ‘I’m going to own that place one day’,” Ms Lester said.
“It’s actually huge though — it’s way too big for one person and a small dog. I guess COVID-19’s made me go, ‘Oh my house is amazing, I love my house’.”
Ms Lester lives at a nearby warehouse conversion.
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