Former Tramway Cable Engine House Apartment Sold
Warehouse conversions are popular in Melbourne since homeowners will pay for a premium.
Recently, an apartment in a former cable tramway engine house in North Melbourne was sold at sale price of $680,000. The property has a historical value. It was built in 1888 and was converted into 17 apartments and townhouses.
The first home buyer Alex Orton was lucky enough to win the property over five other bidders.
