Property of the week: 23 Barr St, Balmain
An extraordinary warehouse conversion in the inner west delivers in spades on luxury living
3 min
Artist Sandra Leveson is known for her luminescent paintings and prints, embracing vibrant colours and abstract textures in her work. So it comes as no surprise that her private home and studio of the last four decades has been a grand converted warehouse brimming with natural light and oodles of open space.
The one-time chemical warehouse in Sydney’s inner west is an extraordinary urban transformation blending a raw industrial palette with a savvy floorplan to create a unique work-from-home experience. Simultaneously a home, a studio and a gallery, Leveson’s Balmain bolthole is a testament to her artistic legacy and creative mind.
Selling agent Danny Cobden of Cobden Hayson, who is taking the property to market with a $7 million price guide, said the rare listing is an opportunity for a buyer with vision.
“It’s such a truly unique offering for Balmain. Warehouse residences do come up, but they’re pretty rare and this particular one hasn’t been to market in about 40 years,” he said.
“This is certainly very liveable as is, but it’s also an extraordinary blank canvas for somebody new to come in and put their own stamp on it.”
Measuring 535sqm of internal living space, the residence sits on a 573sqm block incorporating ample room for outdoor entertaining, storage and parking. The former atelier features a striking 29m-long facade with a dramatic sawtooth roofline providing spectacular double-height vaulted ceilings and plenty of floor space. Elevated steel-framed windows, exposed steel beams and a contemporary mezzanine upper level layout are reminiscent of Manhattan’s coveted lofts but rarely seen in Sydney.
The vast open plan ground floor space is anchored by a huge L-shaped entertaining gallery and living room punctuated by a central fireplace. While the high roof line and cavernous space are showstoppers in themselves, the piece de resistance is the 11m by 3m pool and private sundeck sitting at centre stage in a rooftop terrace visible from almost every corner of the property. Under the pool, there is hidden storage, as well as a laundry.
The commercial-grade eat-in kitchen has stainless steel surfaces and appliances and the ground floor also houses one bedroom with an ensuite, plus a self-contained one-bedroom apartment.
Up on the second level, two open plan bedrooms overlook the gallery space with two bathrooms, a dressing room and a second living area.
Additional amenities include a secure lock-up garage with a 3m clearance and loading bay, off-street parking and a lush tropical entry garden. The quiet cul de sac position tucked behind Darling St is close to Ann Cashman Reserve.
The Balmain warehouse has a price guide of $7 million and is on the market with Cobden Hayson via expressions of interest, closing September 25. For more information contact Cobden Danny Cobden on 0411 144 210.
Australian shares fell on Thursday as Wall Street weakness, rising oil and persistent rate concerns weighed on most of the market. The S&P/ASX 200 declined 0.72 per cent to 8,702. The All Ordinaries lost 0.66 per cent to finish at 8,897. Mining stocks were hit particularly hard, while real estate also dragged on the index. …
Continue reading “ASX falls 0.7 per cent as miners and property stocks retreat”
Borrowers cannot control the Reserve Bank, but they can control how exposed their household budget is to its next decision. The RBA meets on 29 September with inflation concerns still elevated and major-bank economists increasingly bringing forward their rate-rise calls. Fixed mortgage rates have also been moving, reducing the value of waiting for perfect certainty. …
Continue reading “What mortgage holders should do before the next RBA decision”
Completed in 2025 by Wolveridge Architects and S. Smith Builders, this extraordinary 51-acre Mornington Peninsula estate combines award-recognised architecture, genuine farming infrastructure and remarkable self-sufficiency.
4 min
A long, winding driveway beneath mature gums provides the first indication that The Farm is not a conventional Mornington Peninsula country property.
Rather than immediately revealing the residence, the approach follows the contours of the landscape, moving through established woodland before the house emerges in a secluded clearing at 515 Tucks Road, Shoreham.
Completed in 2025, the five-bedroom estate has now been listed through Buxton’s James Redfern and Holly Longmuir with expressions of interest and an indicative price range of $18 million to $19.8 million.
At the upper end of that guide, the property could establish a new residential record for Shoreham. The existing benchmark has been reported at $16.5 million.
Set across approximately 20.64 hectares—or about 51 acres—The Farm is a contemporary interpretation of the Australian rural homestead, designed by Wolveridge Architects and constructed by award-winning Mornington Peninsula builder S. Smith Builders.
The property’s vendors, builders Vicki and Steve Smith, reportedly acquired the land through Smith Investments Australia for $4.2 million in 2019. They moved into the completed home in April 2025 and are now selling as they prepare to relocate to Portsea.
A farmhouse reduced to two buildings
Rather than allowing the estate to develop as a scattered collection of rural structures, Wolveridge Architects consolidated its principal functions into two carefully positioned buildings: the main residence and a substantial farm shed.
The structures face a broad central forecourt and sit within a larger composition of native woodland, productive pasture and views towards Western Port Bay.
It is an approach informed by the way Australian farms traditionally evolve, but made more deliberate. Instead of accumulated sheds and outbuildings, the property presents as a resolved architectural precinct.
The principal residence spans approximately 638 square metres. Its defining feature is an inverted radial roofline supported by a visible grid of ironbark posts and beams.
The roof rises towards the tree canopy and open sky, lending an unexpected lightness to a house of considerable scale. Blackbutt cladding, extensive glazing and timber detailing further soften the relationship between the building and its surroundings.
Wolveridge Architects describes the property’s location as Bunurong country and credits Jerry Wolveridge, Laura Tindall and Jessica Corbett as members of the project team.
The Farm was shortlisted in the New House Over 200 Square Metres category of the 2026 Houses Awards and in the Living Space category of the 2026 INDE Awards. Its published architectural photography is by Jack Carlin.
Designed around the landscape
Throughout the house, long internal sightlines and carefully framed openings maintain a connection with the surrounding gums, paddocks and distant water.
The central living, dining and kitchen space sits beneath soaring timber-lined ceilings. A monumental fireplace formed from Dromana granite anchors the room, while a second wood-burning fireplace serves a more intimate living zone.
The kitchen combines stained Tasmanian oak cabinetry with Austral Dream Dolomite and Pilbara Green Dolomite surfaces. A suite of Swiss V-Zug appliances supports its practical role, while a temperature-controlled, timber-lined wine cellar provides a dedicated space for collectors.
Belgian French oak flooring, Swiss wool carpet, Eco Outdoor stone paving, brushed-nickel fittings and extensive custom joinery continue the natural, materially rich palette.
A sheltered internal courtyard introduces northern light into the centre of the floor plan. Conceived as a protected garden within the wider landscape, it provides an outdoor space removed from the property’s more exposed rural environment.
The architecture repeatedly shifts between those two conditions: the openness of a large rural holding and the security of carefully protected interior and courtyard spaces.
A resort within a working estate
The Farm’s lifestyle credentials extend well beyond its principal living areas.
A fully tiled 14-metre swimming pool and adjoining spa sit within landscaped surrounds, creating a private resort zone connected to multiple outdoor entertaining spaces.
The grounds include indigenous planting, native woodland and productive pasture, together with approximately 591 metres of frontage to Stony Creek.
A separate 216-square-metre farm shed, fencing, cattle infrastructure, water systems and multiple access points ensure the estate has genuine rural capability. This is not merely a large house styled to resemble a farm.
Technology has been integrated throughout the property via a Control4 system governing lighting, climate, security, gates, blinds, irrigation and pool functions. The house also includes hydronic heating, zoned reverse-cycle airconditioning, motorised window furnishings, monitored security, video intercom and Starlink connectivity.
Its sustainability infrastructure is similarly substantial. More than 235,000 litres of water storage is paired with a 70-panel, 30.8kWp solar system, Tesla Powerwall battery storage and electric-vehicle charging.
The result is a house capable of delivering the comfort and automation expected of a contemporary trophy residence while maintaining a high degree of self-sufficiency.
That balance may be The Farm’s greatest achievement. Despite its scale, luxury finishes and extensive technology, the residence does not attempt to overpower its setting.
Its architecture instead directs attention outwards—to the tree canopy, the cattle in the paddocks, Western Port Bay and the changing conditions of the surrounding landscape.
For buyers seeking a private Mornington Peninsula estate with architectural credibility and room for a genuine rural life, The Farm represents one of the region’s most compelling new offerings.
The Farm at a glance
- Address: 515 Tucks Road, Shoreham, Victoria
- Property type: Acreage/semi-rural estate
- Price guide: $18 million to $19.8 million
- Sale method: Expressions of interest
- Bedrooms: Five
- Bathrooms: Five
- Parking: Five cars
- Land: Approximately 20.64 hectares or 51 acres
- Residence: Approximately 638sqm
- Farm shed: Approximately 216sqm
- Architect: Wolveridge Architects
- Builder: S. Smith Builders
- Completed: 2025
- Pool: Fully tiled 14-metre pool with adjoining spa
- Creek frontage: Approximately 591 metres to Stony Creek
- Water storage: More than 235,000 litres
- Energy: 70-panel, 30.8kWp solar system with Tesla Powerwall storage
- Selling agents: James Redfern and Holly Longmuir, Buxton Mornington Peninsula–Flinders
- Listing: View the live property campaign
Australia’s housing market defies forecasts as prices surge past pandemic-era benchmarks.
The sports-car maker delivered 279,449 cars last year, down from 310,718 in 2024.
