Listing Ref: 533
Living Area: 125m²
Heating: Gas central heating
Built In: 1880
Large Open Plan Living Loft Apartment For Sale With Balcony in Budapest
Large open plan corner loft apartment for sale in the Gizella Mill building.
Currently set up as a one bedroom apartment but this large space and be utilized in many ways.
Situated on the first floor of the famous Gizzela Malom building, a former flour mill built in 1880 and located close to both the Danube and the Budapest Whale (Bálna)-CET Building, this loft comprises of 125 m2 of living space and a 18 m2 balcony. The property also includes a parking space in the secure underground car park.
The building is fully renovated and has 24 hour security.
Built in 1880 Gizella Mill was one of the last 3 steam mills of the 19 larger steam mills in Budapest. Like most mills in Budapest, it was producing wheat flour, semolina and wheat bran. Around 1896 almost 400 people were employed there. With the dangers of mills and power fires and explosions, Gizella Mill burnt down in 1921 but was rebuilt a few months later.
During World War II most mills in Budapest were seriously damaged or burned out, but miraculously Gizella Mill was left unharmed. After nationalisation in 1948 it operated as a state-owned company until 1963, when the Soroksári Road was rebuilt and the mill lost its rail connection. In the following decades the main building was used as a warehouse, continuously degrading, until recent years when it was converted to residential apartments.