During the dull days of Covid lockdowns, a part of my morning routine was to drag myself out of bed, pull on some runners and go for a walk around the block. A home that I passed every day — which I would stare up at and wonder what it looked like inside — was 1/124 Napier Street, Fitzroy, which has arrived on the market.
As it turns out, not only is the outside so spectacular you almost hesitate to believe it’s a residential property, but the inside is even more jaw-dropping in scale and grandeur. The stained-glass windows are beautiful, the exposed bluestone walls are a piece of history, and the soaring ceiling is as close to a work of art as it is to engineering.
The layout of 1/124 Napier Street, Fitzroy, is a little unusual, but it’s one that’s centred around the palatial living space that makes up the bulk of the 443-square-meter floor space. You’ll find the ground-floor entrance made up of a couple of smaller bedrooms and a bathroom, while the first floor is home to the master bedroom that’s complimented by a solidly sized ensuite bathroom.
It’s the second level where the magic happens, accessible via either the flight of stairs or the internal private elevator. This is where the cavernous open-plan living and dining space is, filled with more natural light than almost any living area we’ve ever covered at On The Market, as well as the adjacent kitchen and a bathroom.
Not only is the central part of the space the perfect spot to enjoy the year-round sun but there’s also a sunken lounge for those long nights when a conversation pit is a must, as well as a loft that overlooks the space. Possibly the best element of this truly remarkable renovation is beneath the enormous windows of the north-facing wall/ceiling, the floor is made of glass to allow even more light into the space.
If all that wasn’t enough, a section of the window opens to reveal a timber walkway bridge onto the rooftop terrace of the building next door, which is where you can enjoy alfresco dining, entertaining, and more. The only other renovation in the area we’ve covered that even comes close in terms of scale is one of the converted Foy & Gibson warehouse loft apartments, but even that didn’t have the same impact of proportions.
To tell you the truth, if I had a spare $5M sitting in a bank account I’d be lined up at Jellis Craig’s door tomorrow morning, with signed papers in hand. Unfortunately, I don’t, so if you’re in the market and have been waiting for something genuinely rare, 1/124 Napier Street, Fitzroy, has been advertised with a price guide of $4,800,000 – $5,100,000.