
Architect moves 100m to restore historic cottage
David Nicholson's friends told him he was mad to sell his Fitzroy home and buy in Collingwood more than a decade ago.
But the Robert Nichol & Sons principal architect said the difference between the two suburbs' property prices at the time meant he could move just 100m away to get a larger abode for considerably less money.
His bold move has just been validated, as Melbourne's property market recovery added about $40,000 (3 per cent) to Collingwood's typical house value, helping it soar to almost $1.285m, between April and June 2025 – compared to the previous three months – according to PropTrack.
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Collingwood is now closing the gap with Fitzroy, where a more modest $20,000 (1 per cent) increase brought the figure to about $1.558m.
With a renovation and restoration conducted by himself as well as business partner and fellow architect Brett Robertson, Mr Nicholson is even further ahead.
Their efforts combined a run down 1850s-era timber cottage and another home dating back to the 1920s into a single three-bedroom house at 39-41 Oxford St.
While it had taken a lot of work to transform it, the result has been worth it.
'That was probably another reason people thought I was mad moving from a nice house in Fitzroy to a dump in Collingwood,' Mr Nicholson said.
The renovation added a rooftop terrace with views across Collingwood and Melbourne's CBD.
Mr Nicholson inside the house, which has three bedrooms and two bathrooms, and is close to both the buzzing cultural hubs Gertrude St and Smith St. Picture: Jake Nowakowski.
The home has just been listed for sale with a $2.59m asking price by Nelson Alexander's Rick Daniel.
The property still has Crisp Cottage's period facade intact, but there's now an extra level and a rooftop terrace with Melbourne CBD views, a powder room and pergola.
Inside the home, the kitchen, dining and main living area are on the first floor.
'We put the living one floor up because in the inner city, it's one of the only ways to get light into your house is go up a level,' Mr Nicholson said.
'And that way we were able to get light from the east, the west and the north with skylights, it's beautiful.'
There's also a veranda and a green front door.
Reverse cycle airconditioning and hydronic heating are among the mod cons.
Green Japanese tiles in the ensuite.
Other features include raked ceilings, exposed beams, a Danish slow combustion fireplace and a staircase balustrade with custom-made steel joint steel pipe work by sculptor Fredrick White.
Downstairs, the open plan second living room opens out to a leafy rear courtyard, while the main bedroom has a full-height wardrobe and ensuite.
And having a second front door made it simple to lease out part of the house as short-term rental accommodation, a handy way to help pay the mortgage off.
Living in proximity to the city meant that Mr Nicholson does not need a car although the house has a secure parking space.
'Collingwood is certainly a suburb where you can make that lifestyle choice and say, 'Okay, I'm going to save $40,000-$50,000 a year on a car, and put that into where I'm going to live',' he said.
The renovation pays tribute to the house's heritage, in a contemporary form.
Renting part of the home out as short-term accommodation helped to pay the mortgage.
Although he has loved living at Crisp Cottage with his pet dogs, jack russell Dot and groodle Chewie, Mr Nicholson is selling ahead of plans to move into an apartment.
Mr Daniel said that said that downsizers and couples had been among the main buyers inquiring about the Collingwood house.
'I think it's perfect for those looking for low-maintenance, stylish, generous inner-city living,' Mr Daniel said.
'Certainly it also has the uniqueness of being an architect's own home that has been restored.'
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Some expect the 27-nation bloc may be able to secure exemptions from the 15 per cent baseline tariff for its aerospace industry and for spirits, though probably not for wine. The EU could also pledge to buy more liquefied natural gas from the US, a long-standing offer, and boost investment in the United States. The US president, in Scotland for a few days of golfing and bilateral meetings, told reporters upon his arrival on Friday evening that von der Leyen was a highly respected leader and he was looking forward to meeting with her. European Commission President Ursula von der Leyen is set to meet US President Donald Trump to clinch a trade deal for Europe that would likely see a 15 per cent baseline tariff on most EU goods, but end months of uncertainty for EU companies. Before the meeting, expected at 1530 GMT Sunday (0130 AEST Monday) on Trump's golf course in Turnberry, western Scotland, US and EU teams were in final talks on tariffs for crucial sectors like cars, steel, aluminium or pharmaceuticals. US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick flew to Scotland on Saturday and EU Trade Commissioner Maros Sefcovic arrived on Sunday morning. Lutnick told "Fox News Sunday" that the EU needed to open its markets for more US exports to convince Trump to reduce a threatened 30 per cent tariff rate that is due to kick in on August 1. "The question is, do they offer President Trump a good enough deal that is worth it for him to step off of the 30 per cent tariffs that he set," Lutnick said, adding that the EU clearly wanted - and needed - to reach an agreement. A separate U.S. administration official was upbeat that a deal was possible. "We're cautiously optimistic that there will be a deal reached," the official said, speaking on condition of anonymity. "But it's not over till it's over." Ambassadors of EU governments, on a weekend trip to Greenland organised by the Danish presidency of the EU, held a teleconference with EU Commission officials on Sunday to agree on the amount of leeway von der Leyen would have in the talks. In case there is no deal and the U.S. imposes 30 per cent tariffs from August 1, the EU has prepared counter-tariffs on 93 bn euros ($A164 bn) of US goods. EU diplomats have said a deal would likely include a broad 15 per cent tariff on EU goods imported into the US, mirroring the U.S.-Japan trade deal, along with a 50 per cent tariff on European steel and aluminium for which there could be export quotas. The EU deal would be a huge prize, given that the US and EU are each other's largest trading partners by far and account for a third of global trade. EU officials are hopeful that a 15 per cent baseline tariff would also apply to cars, replacing the current 27.5 per cent auto tariff. Some expect the 27-nation bloc may be able to secure exemptions from the 15 per cent baseline tariff for its aerospace industry and for spirits, though probably not for wine. The EU could also pledge to buy more liquefied natural gas from the US, a long-standing offer, and boost investment in the United States. The US president, in Scotland for a few days of golfing and bilateral meetings, told reporters upon his arrival on Friday evening that von der Leyen was a highly respected leader and he was looking forward to meeting with her.