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Port Adelaide masterpiece finds a new owner

07 November 2019 Lyall Russell
Port Adelaide masterpiece

When a piece of art hits the market, you usually think of a painting or a sculpture. This time, it was a house.

The one-of-a-kind property was originally a photo studio and resembled not much more than a shopfront, until the previous owners purchased it in 2013 with a vision.

Designed by architect Martin Ridge, it draws on the rich history in the area with an industrial texture.

“As you follow the Baltic flooring towards the rear of the building, you locate the original darkroom, now encompassing the courtyard where the old wall remains,” the former owner said.

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“That’s followed by the studio, where the photographer captured rites of passage and local history, birthdays, weddings, soldiers and sailors departing for war.

“It was here in the studio where some 1,500 glass negatives were discovered and are now housed at the maritime museum.”

The artwork that lines the outside of the home embraces another layer of Port Adelaides history, as it is home to a diverse range of artists before the areas renewal.

“The exterior, three-storey work was created by Venice-based artist Peeta, as part of Wonderwalls Port Adelaide and The Big Picture Fest 2019,” the former owner said.

The property sold for $1.1 million, but Ray White Port Adelaide and its director, Nick Psarros, said this sort of property is what the area is all about.

“We are getting good money for properties like that,” Mr Psarros said.

He has sold another similar place recently which has a large mural on the side, and that got snapped up quickly.

However, he has previously noticed people tried to make elegant homes, but they used cheap options, and buyers want quality.

“Using a raw material, wood from a jetty or a woolshed, that’s what people want to help them connect to the area,” he said.

As a result of this listing, Mr Psarros has a list of buyers who want artistic homes.

Port Adelaide masterpiece finds a new owner
Port Adelaide masterpiece reb
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