Victoria’s first piano factory, Wertheim, opened in Bendigo Street in 1908, producing about 18,000 pianos for the Australian and international markets. Following the onset of the Great Depression and a decline in the demand for pianos, the factory closed in 1935, to be taken up by Heinz. The building then became Channel Nine Studios in 1956, coinciding with the advent of television.

Today the historic site is framed by leafy English plane trees and is home to Gramercy Terraces – architecturally designed homes within a freehold property in the charming heritage precinct in the east of Richmond.

The original structure has been beautifully reimagined and refurbished with a host of modern elements that bring the building well into the 21st century, while acknowledging its past lives. Distinct features include aluminium, steel and eco-conscious double glazing across all windows and glass doors.

Architect Bates Smart considered the impact of every design feature, with special attention paid to how the homes will influence residents’ day-to-day living. This multi-dimensional design approach is most obvious in the soaring central void that invites natural light into the core of each home. Marked by showstopping vertical railings, the structure creates dynamic and ever-changing shadows with the movement of the sun. Similarly, the floating timber stair treads create both visual intrigue and emphasis on the already spacious floor plan. Full-height glass sliding doors offer residents an abundance of natural light, easy ventilation and a beautiful view outdoors.

World-renowned Signorino tiles present immaculate Italian stone, tiles and pavers throughout the development, including its signature stone benchtop and splashback in the kitchen. The kitchen is the central social hub of each home, offering style, functionality and longevity. A designer pendant light by Jean Francois D’or is artistically suspended over the island bench, while a range of fully integrated Miele appliances completes the picture. Optional extras including a Miele integrated double fridge and a Miele integrated wine fridge.

Gramercy Terraces also features state-of-the-art technological integration and heightened security, including video intercoms and optional electric vehicle charging stations. The development has also been designed with sustainable features and an energy-efficient NatHERS rating of 6.5 stars.

Additionally, this development offers residents an opportunity to live in a truly intergenerational precinct. Gramercy Terraces includes an upcoming cafe and provedore, Richmond Community Learning Centre and Ardency Kennedy Place. Also designed by Bates Smart, Ardency Kennedy Place is Victoria's first luxury hotel-style over-55s community offering an on-site private cinema, library, wellness centre, room service, social events and concierge services for residents.

Gramercy Terraces is the final opportunity to own a rare freehold property within a heritage precinct and welcoming community. Prices start from $1,945,000 for a three-bedroom terrace. Significant stamp duty savings are currently available for eligible buyers for a limited time only.

The development team is working alongside Balmain & Co and anticipate construction will commence in October 2021.

The display suite is located at 2B/32 Bendigo Street, Richmond, with private appointments available seven days.

Check out the project brochure.