Back 325 Bank Street
Off Market

325 Bank Street

South Melbourne VIC 3205

5
2
House
Simon GowlingSimon Gowling, last sold this property on 20 February 2026 after 23 days on market.

Overview

The Shamrock c1889 - an icon ready for a new chapter

Constructed in 1889 as the former Shannon and Shamrock Hotel, this imposing Queen Anne landmark occupies a tightly held South Melbourne position on the edge of Albert Park Village, a short walk from South Melbourne Market and only moments from the city. Solid brick construction and a striking street profile give the building its authority, while three substantial levels and a 301sqm (approx) footprint create a rare opportunity to shape a multi-level residence, creative studio, or combined work-and-living address on the city fringe. The ground floor opens through a secure garden entry to an expansive front room, ideal for a large living zone or reception space, immediately granting flexibility in how the property is used. Toward the rear, a dedicated home office, an additional sky-lit living room, and supporting laundry and powder room connect directly to rear ROW access, allowing separation between work, daily living, and entry points. A central original staircase leads upward to the first floor, where a beautifully bright open kitchen and meals area sit alongside external stairs that climb to the rooftop, introducing future potential for upper-level entertaining with incredible views. The palatial main suite is notable for its size, dual open fireplaces, and city outlooks, followed by three further bedrooms, a study/living room, and a renovated central bathroom on the upper level. Retaining its heritage grandeur and beauty through leadlight windows, soaring ceiling heights, and generous proportions, it is enhanced by an underground cellar, hydronic heating panels, split-system air conditioning, toilet facilities on all floors, an alarm system, and a rear roller door allowing potential reinstatement for vehicle access via Montague Place. Walking distance to the number one tram, light rail, St Vincent Gardens, Albert Park College, and village cafes, The Shamrock presents immediate appeal with the peerless scope to restore, adapt, and carry it forward for the next generation (STCA).

Features

5 bedrooms
2 bathrooms
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in South Melbourne over the last 12 months, the estimated median property value of 325 Bank Street is $4.97m.

Median value
$4.97m
Estimated value range
$2.85m - $12.65m
Median days on market
26
Estimated value trend
0%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in South Melbourne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 325 Bank Street

2026
Sold
Undisclosed
20 Feb 2026 by Simon Gowling, of Jellis Craig Port Phillip

Happy sellers in South Melbourne

59%
59% of sellers in South Melbourne reported that their sale price either exceeded or met their price expectations.

South Melbourne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 18 reviews in South Melbourne over the last 12 months.

Local market activity for 5 bedroom houses in South Melbourne

In the last 12 months, 5 five-bedroom houses similar to 325 Bank Street, have been sold.

This represents a 500% decrease in five-bedroom houses sales when compared to the previous 12 months.

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