4/34 Palmerston Street

Rare Warehouse Loft in Historic Rialto Terrace

Set within the iconic Rialto Terrace, this remarkable residence is part of a celebrated heritage factory conversion with deep cultural roots. Originally built in 1915 by Italian migrants – the men crafting shoes and leather goods on the ground floor, the women producing fine tablecloths and lingerie above – the building was thoughtfully transformed into a boutique residential enclave in 1999.

Tucked just beyond the secure gates of 34 Palmerston Street, where a citrus-lined Italianate avenue sets the tone, Unit 4 blends industrial architecture with romantic, Old-World charm.

Features include:
• Unfurnished
• 1 Parking Bay and 2 parking permits available
• Dishwasher included
• Soaring six-metre cathedral-style timber ceilings
• Expansive open-plan living and dining with triple-height, floor-to-ceiling windows that flood the space with light
• Timber flooring and an elegant open staircase with iron balustrade
• Two generous bedrooms with vaulted timber ceilings
• Two bathrooms and separate laundry
• Two private vine-covered courtyards – one secluded with no adjoining neighbours
• A striking 19th-century Venetian Murano glass chandelier that serves as a true centrepiece
• A nod to bohemian Paris, Toulouse-Lautrec’s Moulin Rouge: La Goulue (1891) is beautifully reproduced on the entry courtyard wall

Significant recent upgrades include:
• Two beautifully designed European-style tiled courtyards
• Freshly repainted kitchen, bathrooms, and internal walls
• A brand-new Daikin Alira 7.1kW split system with air purification
• Discreetly relocated exhaust system to enhance courtyard aesthetics and preserve outlooks

This is not just a home, but living history. Rarely does a property with such ambience, provenance, and soul become available.

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