World · India Bureau
Former hospital building sells for A$4.45M after heritage renovation
A distinctive five-bedroom residence in Brisbane's Annerley suburb has set a new local price record after undergoing a comprehensive transformation from its origins as a hospital outbuilding. The renovation project has drawn attention for balancing modern amenities with historical preservation.
LSN India ·
The property at 24 Brisbane Street in Annerley achieved the sale price of A$4.45 million, marking a significant benchmark for the neighbourhood. The five-bedroom home retains its heritage character while incorporating contemporary design elements, including a striking sawtooth roof that defines its architectural presence.
The renovation work, overseen by designer Ric DeLuca, demonstrates a careful approach to adaptive reuse. Rather than erasing the building's institutional past, the project has preserved key historical features while introducing functional modern improvements suited to residential living.
The residence features expansive living areas and a separate guest wing, reflecting broader market trends toward character properties with distinctive histories. Such heritage conversions have increasingly appealed to buyers seeking homes that combine authentic architectural merit with contemporary comfort standards.
The Annerley sale reflects growing demand across Australia's property market for unique dwellings that offer both lifestyle appeal and investment potential. Properties with documented heritage significance and thoughtful restoration work continue to command premium valuations in established Brisbane neighbourhoods.