A prominent East Melbourne landmark adjacent to Darling Gardens and the tennis club, this substantial double-storey, shopfront residence presents rare city-edge potential on a remarkable 521sqm approx. with rear ROW. An intrinsic, enduring identity in the rich cultural heritage of a prestigious inner-Melbourne pocket, this beautiful building c1875 with everything open to change beyond its bluestone outer walls is primed and ready for a breathtaking transformation. Endless opportunity surrounds this magnificent site in a mixed-use zone with a vast array of rewarding future options to consider from a luxury apartment development, offices or medical consultancy to a boutique hotel, restaurant/bar or renovated private residence (STCA). Currently consisting of eight principal rooms with outlooks to the park and possible rooftop city views, this vast Victorian residence opens to a huge rear garden including original stable/garaging with rear laneway access safely shared with two designer townhouses. A unique East Melbourne opening of unrivalled size and scope, become the custodian of a local icon and relish the chance to reimagine the space and re-establish its standing as a grand, celebrated domain. The quiet, blue-ribbon location is exceptionally convenient just a short stroll into the CBD, theatre district, Melbourne Cricket Ground and sports' precinct, hospitals, trams, train station and inner-city cafe and shopping hubs.
The size of East Melbourne is approximately 1.9 square kilometres. There are 10 parks, covering nearly 46.0% of the total area. The population of East Melbourne in 2016 was 4964 people. By 2021 the population was 4896 showing a population decline of 1.4% in the area during that time. The predominant age group in East Melbourne is 30-39 years. Households in East Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in East Melbourne work in a professional occupation.In 2021, 44.80% of the homes in East Melbourne were owner-occupied compared with 43.60% in 2016.
East Melbourne has 5,824 properties. Over the last 5 years, Houses in East Melbourne have seen a -15.67% decrease in median value, while Units have seen a -4.48% decrease. As at 31 August 2026:
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