Once-in-a-Generation Opportunity in South Yarra’s Domain Precinct
Nestled within the highly sought-after Domain Precinct, this property presents an extraordinary opportunity that comes once in a generation. Being offered for the first time in over 100 years, it carries a sense of rarity and exclusivity. The land, measuring an impressive 283 square meters, provides a canvas of potential for investment, renovation, or personal occupancy. Whether you’re an astute investor seeking a profitable venture, a creative soul longing to revive its historic charm, or an individual in search of a place to call home, this property offers the perfect chance to fulfill your desires.
Delving into its captivating history, this property holds a sentimental value that spans across four generations. Its origins can be traced back to around 1915, preceding the popularization of flats in South Yarra during the 1930s. Initially built as two separate apartments, the property underwent transformations over the years. It was subdivided into seven units before being converted into five apartments, with the top floor transformed into a spacious whole-floor offering. “Ballynagarde,” as it was known, thrived as the epicenter of a fashionable and artistic community during its mid-war heyday. Its vibrant atmosphere and cultural significance were even recognized by being featured in the Herald Social pages, immortalizing its place in history.
Location-wise, this property boasts an enviable position in one of the most prestigious pockets of the Domain Precinct. Directly across from the expansive grounds of Melbourne Grammar School, it presents a compelling advantage for families seeking convenient access to top-tier education. Moreover, with the upcoming Anzac station just minutes away, connectivity is at its finest, offering easy access to various amenities and attractions. And for those seeking solace amidst nature’s beauty, the renowned Royal Botanical Gardens are within a stone’s throw, providing a serene escape from the bustling city.
The opportunities that await within this property are boundless. Its significance as a once-in-a-generation offering, combined with its substantial land area, opens up a world of possibilities. Whether you envision restoring its historic charm to its former glory or embarking on a contemporary transformation, the property’s potential for renovation is unmatched. Its rich history as a hub for creativity and artistry adds an extra layer of inspiration and uniqueness to any endeavor undertaken within its walls.
Seize the chance to be part of a legacy that transcends time. This property, with its exceptional offering, rich history, and prime location, invites you to create a future imbued with both sentiment and possibility. Don’t miss out on this extraordinary opportunity to invest, renovate, or occupy a piece of history that could become your dream space. Embrace the chance to shape the next chapter of this remarkable property’s story.
Inspections:
Wednesday 16th August 2023 12:00 – 12:30pm
Saturday 19th August 2023 12:00 – 12:30pm
Or contact us to arrange a private inspection.
Remember to mention you found this property on DevelopmentReady
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