Rachel, I guess it depends on your definition of 'modern'. If you want sleek and stark and contemporary, then this piece isn't for you. But I agree with Saratoga that to me this is very 'modern' for its time. It's beautiful as is (which is how I would probably use it if the veneer is good) but its not a priceless antique so it be changed up if that's your style and would go better with other pieces in your house to give it a new life. Either way it has soul that contemporary pieces lack in my opinion. It's a little piece of history and a statement about the industrial time it was created. Including the beautiful mirror.

Thanks everyone for the warnings. Honestly I had not thought that could be possible so just in case I'll gear up with a mask to avoid inhaling any of it. I will still need to remove it, but from what I read the problem with asbestos is if you sand it and make it into breathable particles, so ripping it out should be ok. I've looked up in youtubr and there seems to be a tool called mastic remover that you can put on your floor sander and it would scratch the surface removing any of that stuff.

Having been brought up in a Lockwood home I can appreciate your love of the wood. I notice you have a light green bench and that would blend nicely with some similar colours in the room. I would consider having your cupboard doors replaced or sprayed to compliment the bench or visa versa you can have your bench updated with a new finish to modernise it. Perhaps you could just price out the cost of a new bench and leave the rest of the kitchen as it is. The odd bit around the dishwasher looks weird and that might be able to be fixed by curving a new bench into a small breakfast bar type set up. If there is room I would also reposition the microwave to the right of the cook top and use the existing space for a display or a lovely pot plant.

Not wanting to build anything just make this fireplace look nicer and not so much of an eye sore... cheap and DIY as it's a temporary house!