Karl Lagerfeld’s Home on the Seine in Paris to Sell at Auction This Month
Kanebridge News
Share Button

Karl Lagerfeld’s Home on the Seine in Paris to Sell at Auction This Month

The apartment, located in a Louis XIV-era building on the Left Bank, belonged to the fashion designer for more than a decade until his death in 2019

By LIZ LUCKING
Thu, Mar 7, 2024 8:44amGrey Clock 2 min

The minimalist Paris apartment that was the home and studio of the late fashion icon Karl Lagerfeld is headed to auction later this month with a starting price of €5.3 million (US$5.77 million).

Nestled in the heart of the Saint-Thomas d’Aquin district, on the city’s Left Bank, the roughly 2,800-square-foot spread will go under the hammer on March 26 at the city’s Chamber of Commerce and Industry, according to a news release from the Paris Notaires Services, which plays an essential role in French real estate transactions.

The apartment is on Quai Voltaire, a Seine-front street, and within a historic building dating from 1694 that belies the contemporary home inside that was Lagerfeld’s until his death in 2019 at the age of 85.

He told the New Yorker in 2007 , as he was moving into the property, that living there would be “like floating in your own spaceship over a very civilised past.”

The home has a stainless steel kitchen.
Mediacorp

Located on the third floor, the apartment has a sprawling living room with a panoramic view of the Seine, polished concrete floors, and walls of towering glass bookshelves that once held the designer’s vast collection of books.

The avant-garde space “embodies Lagerfeld’s visionary aesthetic,” with an “ambiance that is both luxurious and design-oriented,” the news release said.

Elsewhere in the achromatic home is a bedroom overlooking a courtyard, a dressing room, a shower room, a bathroom and a professional-looking stainless steel kitchen.

The entire home, including the bathroom, has a modern aesthetic.
Mediacorp

The auction “represents a rare opportunity to acquire a part of the history of fashion and of French cultural heritage,” according to Paris Notaires Services.

Much of the furniture and art that one filled the apartment has been sold at auction across a series of Sotheby’s sales .

With his iconic signature style of black sunglasses, fingerless gloves and high-starched collars, Lagerfeld was the long-time creative director of Chanel and creator of his own eponymous fashion label.

The apartment’s giant living room has polished concrete floors and walls of glass bookshelves. MEDIACORP


MOST POPULAR
11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

35 North Street Windsor

Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.

Related Stories
Property
Australia’s top 10 most affordable regional property markets investors should watch
By Bronwyn Allen 19/04/2024
Property
They Love Their $14.95 Million Hamptons House. The Problem? Their Dog Hates It
By E.B. SOLOMONT 18/04/2024
Property
Big Tech Is Downsizing Workspace in Another Blow to Office Real Estate
By KONRAD PUTZIER 17/04/2024
Australia’s top 10 most affordable regional property markets investors should watch

Whether you prefer the country or the coast, there are plenty of east coast options for cashed up buyers

By Bronwyn Allen
Fri, Apr 19, 2024 3 min

There are 10 local council areas scattered along the East Coast of Australia that offer both affordability and solid fundamentals for sustainable future growth, according to the research team at residential property network, PRD. The areas have been selected based on five criterion. They are affordability – defined as a median house price below $600,000, rising house values, strong rental yields to encourage investment, a strong pipeline of residential, commercial and infrastructure projects to facilitate local economic development, and low unemployment.

Here are Australia’s 10 most affordable regional property markets with great future potential.

Mackay, QLD

Mackay is a tropical coastal area located in north Queensland. It’s known for its closeconnection to the Great Barrier Reef. The median house price is $462,750, up 8.9 percent in 2023. Mackay attracts a lot of interstate migrants and is home to more than 120,000 people. It has a healthy economy with an unemployment rate of 3.7 percent and $1.7 billion worth of projects due to commence this year.

Toowoomba, QLD

The Toowoomba median house price was up 10.9 percent in 2023.

Toowoomba is located west of Brisbane and is known for its Victorian buildings, street artand surrounding national parks. The median house price is $560,000, up 10.9 percent in 2023. The city has a population of more than 180,000. The unemployment rate is 4 percentand there is $6.1 billion in projects commencing in 2024.

Townsville, QLD

Townsville is a coastal city in north-eastern Queensland. The median house price is $420,000, up 5 percent in 2023. It is home to more than 200,000 people. Unemployment is very low at 2.5 percent and there is $3.2 billion of projects commencing this year.

Dubbo, NSW

Dubbo is located west of Newcastle in the Orana Region and is home to the Western Plains Zoo. The median house price is $530,000, up 11.6 percent in 2023. The population has exploded in recent years to more than 56,000 people. The unemployment rate is just 2.2percent and the economy is thriving. There is a pipeline of $4.7 billion in projects commencing this year.

Tamworth, NSW

Located in north-east NSW, Tamworth is known for its popular annual Country Music Festival. It’s also the largest retail centre for the New England and Northwest Slopes regions. The median house price is $490,000, up 14 percent in 2023. With a population of more than 65,000 people, the economy is strong with unemployment of just 2 percent and $112.4million worth of projects commencing this year.

Griffith, NSW

Located west of Sydney and northwest of Canberra, Griffith is known for its prime produce production and wine cultivation. The median house price is $531,000, up 2.1 percent in 2023. Griffith’s population is about 27,000 people. The city boasts high economic resilience with a 2 percent unemployment rate and $258.7 million in projects in the pipeline.

Ballarat, VIC

Ballarat, Victoria

Ballarat is a 1.5hour drive west of Melbourne. It’s popular with city commuters who move here for housing affordability and a relaxed lifestyle with easy access to the city via train. The median house price is $570,000, down 4.2 percent in 2023 but up 92.9 percent over the past decade. The city has the third highest population in Victoria at about 118,000. Ballarat has an unemployment rate of 3 percent and a total projects pipeline worth $2.3 billion for 2024.

Shepparton, VIC

Shepparton is a rural area about two hours north of Melbourne. It is popularly referred to as the food bowl of Australia. The median house price is $475,000, up 4.4 percent in 2023. The population is about 70,000. The unemployment rate is just 2 percent and there is $1.8 billion in projects for 2024.

Wodonga, VIC

Wodonga is located on the border of NSW on the southern side of the Murray River. It is approximately 320km from Melbourne and 345km from Canberra. The median house price is $567,250, up 4.7 percent in 2023. With a population of about 44,000, the city’s jobless rate is 3 percent and there is $388.2 million in development set to commence in 2024, primarily new infrastructure.

Burnie, TAS

Burnie is a bustling port city located in Emu Bay in Tasmania’s north-west. Overlooking beaches and parklands, the area is known for its rich agriculture and mining projects. The median house price is $435,000, up 3.6 percent. Despite a rising population, the unemployment rate is falling and is currently 5.6 percent. In 2024, Burnie’s project pipeline is valued at approximately $1.6 billion. A significant portion is commercial development, primarily renewable energy projects.

MOST POPULAR

Consumers are going to gravitate toward applications powered by the buzzy new technology, analyst Michael Wolf predicts

11 ACRES ROAD, KELLYVILLE, NSW

This stylish family home combines a classic palette and finishes with a flexible floorplan

Related Stories
Money
Bank of Japan Raises Rate, Halts Emergency Policies
By MEGUMI FUJIKAWA 21/03/2024
Money
Art Market Dip Last Year Reflects Lack of Supply, Not Demand
By ABBY SCHULTZ 15/03/2024
Lifestyle
Distilling the traditions of whisky: 15 minutes with James Buntin
By KANEBRIDGE NEWS 12/12/2023
0
    Your Cart
    Your cart is emptyReturn to Shop