161-165 Gipps Street

East Melbourne VIC 3002

Exclusively positioned in one of East Melbourne's most coveted streets, this magnificent c1870 end-of-terrace Victorian villa seamlessly blends exquisite period character with sophisticated contemporary refinement, less than .02km from Fitzroy Gardens just across the park from the CBD.Standing proudly in a tranquil enclave that feels worlds apart from its ultra-convenient setting, the distinguished home, held in the same family for over 20 years, is the largest of three residences that comprise the historic Hope Terrace and enjoys sought-after off-street parking for up to two cars via the rare porte cochere at the side.Beyond its striking Victorian faade - complete with exquisite timber verandah detailing and decorative stonework - a central hallway introduces the soaring 3.6m ceilings, handsome original red pine staircase and a graceful archway which set a refined, welcoming tone.Extensively renovated and thoughtfully extended, the floorplan creates an effortless transition from the homes elegant original rooms to expansive open plan living. A formal sitting room and handsome study, each featuring marble fireplaces and intricate ceiling roses, precede the light-filled kitchen, living and dining domain at the rear.The fabulous custom kitchen includes a stone island, sleek integrated cabinetry and premium appliances including a Siemens induction hob, plus two gas hobs and dual V-ZUG ovens. It overlooks a relaxed living and dining space with sliding doors that open to a tranquil courtyard garden, perfect for alfresco dining or entertaining.Upstairs, four spacious bedrooms include the tranquil master which is blessed with a chic ensuite, walk-in robe with extensive storage and direct access to a verandah with leafy views through the elegant sash windows. Three further bedrooms include another with verandah access and an integrated desk and cabinetry, ideal as another working from home space. A stylish family bathroom with bath completes the upper level.A versatile separate upper-level studio with ensuite, has its own entry off the driveway, ideal for recreation or as home office/guest/parents/au pair accommodation.Additional features include a Euro laundry, powder room, plantation shutters, hydronic heating, reverse cycle air conditioning, three phase power, underground water tank, solar hot water to the studio, extensive data cabling, under-stairs storage, security entry system and external storage and incorporating a garage with laneway access.Perfectly positioned with easy access to elite schools, Melbournes cultural delights, MCG sporting precinct, city restaurants, cafes and bistros and the Yarra, with Jolimont/MCG station and trams and buses nearby, this is a rare opportunity to secure a landmark residence in a blue-chip inner-city location.