In London they have Mayfair and Park Lane, and in New York they have Fifth Avenue, but in Melbourne…it's all about Park Street South Yarra. Set between the Botanic Gardens and Fawkner Park, this heritage gem is perfectly positioned. Whether you are looking at luxury residential project, a single residence like no other or just a quality blue chip investment - where would you rather be?
On the western side of Park Street, this prominent corner landholding of approximately 398m² represents a rare and rewarding opportunity. Comprising six generously proportioned apartments-each on its own title-the property spans an estimated 516m² of net residential area, with the added benefit of substantial undercover storage and secure parking. In total, there are eight titles, including dedicated parking and storage units, with further land at the rear providing additional parking and enhancing future flexibility.
Currently generating an income of approximately $100,000 per annum (fully let), this outstanding asset offers multiple pathways for savvy buyers-whether to invest, develop (STCA), or create your own dream residence in the Domain Precinct. The location delivers seamless access to Melbourne's finest amenities, including the CBD, St Kilda Road's cultural precinct, the MCG and sporting district, Fawkner Park, the Royal Botanic Gardens, the Yarra River, and the vibrant lifestyle of Chapel Street, South Yarra.
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