116-118 Little Lonsdale Street, Melbourne, VIC 3000 | Property Value & History | OnTheHouse
OFF MARKET

116-118 Little Lonsdale Street
Melbourne VIC 3000

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 174m2
Land area: 181m2
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Property Details for 116-118 Little Lonsdale St, Melbourne

116-118 Little Lonsdale St, Melbourne is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1890. The property has a land size of 181m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last transferred in August 2004.

Building Type
House
Year Built
1890
Floor Size
174m2
Land Size
181m2
Local Government
Melbourne
Lot/Plan
1/TP544218

Last Listing description (June 2026)

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A tightly held corner in Melbournes historic Little Lonsdale precinct provides the setting for this four-level freehold residence, a property of rare architectural distinction with its three-sided access, multiple open-air areas and refined architect design creating a private sanctuary of natural light and calm.

Offered for the first time in almost three decades, this once-in-a-generation home combines expansive living zones with meticulous appointments, including imported Schco-profile Italian double glazing, dual-level decking and a remote-control internal garage.

Reimagined by international architect John Demos, the former 1860s Exploration Hotel has been transformed into a multi-storey residence of rare sophistication. Its position, a short walk to Parliament Station, Melbourne Central, the State Library precinct, Emporium, QV, Collins Street boutiques, and world-class dining, theatre and sporting landmarks, places it at the cultural and commercial heart of the city.

A dramatic two-level void and cantilevered staircase introduce a sequence of ground-floor spaces finished with polished and heated concrete floors. Dining, sitting, and family areas are complemented by an atrium light court, bespoke bronzed screens and a Calacatta marble and stainless-steel kitchen appointed with Gaggenau, Neff, ASKO and Smeg appliances.

The interior is thoughtfully zoned: a basement home office (or additional bedroom) with adjoining wine cellar; a first floor with open study, immaculate bathroom and light-filled living room linking to two bedrooms and a vast north-facing deck; and an entire top-floor parents retreat with walk-in robe, ensuite with freestanding bath and rain shower, and an extensive timber deck including a pergola-covered entertaining area connected by external staircase to the decking below.

Further features include powder rooms on every level, in-floor skylights, a full laundry, programmable Lutron lighting, zoned climate control and acoustic insulation, a comprehensive security system with surveillance, Cat6 ethernet, extensive joinery and storage, solid Tallowwood flooring, and Danish light fittings.

Capital City Zoning and Freehold Privilege

Zoned Capital City (CCZ) and free of Owners Corporation obligations, this extraordinary holding of approximately 324sqm internally with 97sqm of terraces offers unmatched flexibility. Beyond its role as a distinguished private residence, it may serve as a refined live/work domain, a boutique office, or a discreet mixed-use holding with scope to extend (STCA).

With immediate access to Melbournes cultural, educational, and recreational landmarks, including Carlton and Fitzroy Gardens, the MCG, Royal Botanic Gardens, University High, RMIT and the University of Melbourne, this residence represents not only a remarkable city home but also a long-term landholding of enduring value.

In conjunction with CBRE
Alex Brierley 0447974447
Nathan Mufale 0421224354

Property History for 116-118 Little Lonsdale St, Melbourne, VIC 3000

A timeline of how this property has performed in the market
Last Transferred
01 Aug 2004
  • 10 Jun 2026
    Listed for Sale Expressions of interest
  • 12 Sep 2025
    Listed for Sale Private sale
  • 01 Aug 2004
    Transferred
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About Melbourne 3000

The size of Melbourne is approximately 2.7 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of Melbourne in 2016 was 47285 people. By 2021 the population was 54941 showing a population growth of 16.2% in the area during that time. The predominant age group in Melbourne is 20-29 years. Households in Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Melbourne work in a professional occupation.In 2021, 25.80% of the homes in Melbourne were owner-occupied compared with 29.00% in 2016.

Melbourne has 64,388 properties. Over the last 5 years, Houses in Melbourne have seen a 1.23% increase in median value, while Units have seen a -5.07% decrease. As at 31 May 2026:

  • The median value for Houses in Melbourne is $1,426,624 while the median value for Units is $434,769.
  • Houses have a median rent of $718 while Units have a median rent of $680.
There are currently 309 properties listed for sale, and 197 properties listed for rent in Melbourne on OnTheHouse. According to Cotality's data, 2578 properties were sold in the past 12 months in Melbourne.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.