51 Grey Street, St Kilda, VIC 3182 | Commercial for sale | OnTheHouse
 
FOR SALE
MASSIVE PRICE REDUCTION : CONTACT AGENT

51 Grey Street
St Kilda VIC 3182

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1526m2
Land area: 2203m2
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Massive Price Reduction : "Eildon Mansion - A Landmark Renaissance Revival Estate on 2,203sqm in the Heart of St Kilda!

Raine & Horne Land Victoria proudly presents Eildon Mansion, St Kilda-a landmark Renaissance Revival estate and one of the suburb's most significant limestone residences. Steeped in history and remarkable in scale, this grand property occupies a substantial 2,203sqm* land area with a double storey mansion of 1,176sqm* and a secondary dwelling of 350sqm* with a total built area of 1,526sqm*. This opportunity offers a rare chance to steward a piece of Melbourne's heritage into the 21st century.
Originally built as Barham House in 1850 for Edward Green to designs by architect John Gill, the residence was substantially extended and remodelled in 1872 by the celebrated firm Reed & Barnes for pastoralist John Laing Currie-at which time it was renamed Eildon. More recently, the mansion served as the home of Alliance Française de Melbourne, previously Victoria's largest French language school.
Key Features & Highlights:
• Substantial 2,203sqm* land area with a double storey mansion of 1,176sqm* and a secondary dwelling of 350sqm* with a total built area of 1,526sqm*
• With nineteen principal rooms across two levels plus a basement and cellar and WC/bathroom, the mansion impresses with expansive interiors
• Italianate symmetry and sweeping first-floor balcony give this home its grand European elegance
• Soaring decorative ceilings, marble and timber fireplaces, Victorian tiled floors, and a sweeping staircase showcase artful craftsmanship throughout
• Wide entry hall and multiple reception rooms create welcoming spaces perfect for entertaining or family life
• Fully fitted commercial-grade kitchen offers culinary potential for large-scale living or events
• Light-filled bedrooms with marble fireplaces and ornate ceilings provide luxurious comfort at every turn
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Property Details for 51 Grey St, St Kilda

Building Type
Commercial
Floor Size
1526m2
Land Size
2203m2
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About St Kilda 3182

The size of St Kilda is approximately 3.2 square kilometres. There are 17 parks, covering nearly 21.5% of the total area. The population of St Kilda in 2016 was 20230 people. By 2021 the population was 19490 showing a population decline of 3.7% in the area during that time. The predominant age group in St Kilda is 30-39 years. Households in St Kilda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda work in a professional occupation.In 2021, 37.10% of the homes in St Kilda were owner-occupied compared with 33.50% in 2016.

St Kilda has 18,686 properties. Over the last 5 years, Houses in St Kilda have seen a -12.61% decrease in median value, while Units have seen a -0.39% decrease. As at 30 June 2026:

  • The median value for Houses in St Kilda is $1,550,732 while the median value for Units is $549,533.
  • Houses have a median rent of $900 while Units have a median rent of $550.
There are currently 46 properties listed for sale, and 48 properties listed for rent in St kilda on OnTheHouse. According to Cotality's data, 891 properties were sold in the past 12 months in St kilda.

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Kevin Paghdar
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Rizul Sharma
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Raine & Horne Land Victoria
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