Stonebridge Property Group is pleased to present for sale Wilton House, 120-122 Park Street, South Yarra.
-Rare AAA+ Domain Precinct South Yarra Art Deco- Block of apartments with all the charm and character of the roaring 1930s
- High profile corner landholding of 371 sqm* with 53 m* of valuable South Yarra Street frontage
- A true once in a generation opportunity owned within the same family for over 81 years
- Unprecedented income strength being fully leased and having a strong history of minimal to zero vacancy one of Victoria's tightest residential rental markets
- Quality existing character Art Deco building quality with light filled apartments, distinctive high ceilings, large living rooms with the convenience of modern kitchens and bathrooms
- Potential for conversion into whole prestigious South Yarra home or family office / compound (STCA)
- Surplus rear landholding has potential for further development (STCA)
- Enormous potential for value add and rental uplift through refurbishment / releasing of existing flats
- Building Configuration includes 2 x 2-bedroom apartments and 2 x 2-bedroom apartments + Study with 3 onsite car spaces.
- Future development potential providing for elite residential, hotel, or accommodation outcomes, hospitality or retails outcomes (STCA)
- Opposite the world famous Botanic Gardens and Domain Road Retail and Hospitality Mecca
- Prestigious Domain precinct address where some homes can sell in excess of $10,000,000. A true blue chip pocket of Melbourne, Australia
Wilton House, 120-122 Park Street, South Yarra is for sale via Public On-site Auction Saturday 28th October 2023 at 10:00am (AEDT).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents
Stonebridge Property Group:
Dylan Kilner
0459 396 341
Julian White
0422 764 137
Shawn Luo
0412 338 918
RT Edger:
Max Ruttner
0425 799 942
*Approximately