Albert’s recording studios at Ranger Road, Neutral Bay, will be knocked down to make way for a multi-million dollar apartment block.
Albert Music, famous for launching the careers of AC/DC, The Easybeats, The Angels and Rose Tattoo, has occupied the site since moving from its studios in King Street, Newtown, in 1984.
Helm, the property company behind the development, is planning on building 23 luxury apartments. The building will be named Muse, in acknowledgement of the site’s history.
According to Helm’s site, “The link between music and architecture struck a euphemistic ‘chord’ with us because one of the meanings of ‘muse’ is: ‘a force that inspires a creative artist’ … Musicians and architects need vision and passion to succeed. It’s a tough ‘gig’.”
Current tenants include peak body MusicNSW who will have to find new premises by the end of the year. They hope to make an announcement on their new home shortly.
Demolition will begin in early 2016. Helm expects to complete the development within two years.