The Marrickville warehouse home to the Newtown Rugby League Football Club has sold for $38 million.
The buyer is understood to be Mays Chalak and Jason Varker Miles, who in 2013 proposed Precinct 75, a mixed-use project, set to replace St Peters’ former Taubman’s factory.
That redevelopment, on 1.3 hectares, is master-planned for c185 apartments.
It also retrofits c16,000 square metres of industrial space as offices, studios and shops.
A similar repurposing is earmarked for the Newtown Jets block.
14 Rich Street, Marrickville
On 7000 sqm at 14 Rich Road, the Marrickville parcel also fronts Chapel and Shepherd streets (story continues below).
It contains 8500 sqm of buildings and a small open-air car park.
X Commercial’s Marcus Schraag and Daniel O’Brien promoted it as one of the last large, freestanding industrial properties in the precinct.
Marrickville is about seven kilometres south west of Sydney.
Elsewhere in the suburb, in June, The Bragg Media paid $7.67m for a 1150 sqm building expected to reopen as a Rolling Stone branded venue.
The Precinct 75 project was sold to Home in November 2020
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