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Rare Generational Opportunity

53-57 Park Street

South Yarra, Victoria, 3141, Australia

Property ID: #11722478 // Residential
    / 17
Traditional Sale
List Price:
USD $20,578,648.23
This amount was converted from the original amount of 29,950,000.00 AUD to USD at the exchange rate as of 2026-11-08 06:00:08 UTC
Icon - ft²
Icon 0.22 acres
Icon 6 beds
Icon 6 baths
Title:
Rare Generational Opportunity
Address:
53-57 Park Street
City:
South Yarra
State, Province or Island:
Victoria
Zip Code:
3141
Country:
Australia
Property Type:
Residential
Additional Property Types:
Residential
Lot Size:
0.22 acres
Beds:
6
Total Baths:
6
Data Source:
Properstar
Listing Link:
Click Here
MLS/Reference Number(s):
106516651
Source Property Type:
House

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Property Information

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Set across three expansive levels, this extraordinary Victorian Art Nouveau terrace offers a visionary landmark in the heart of South Yarra. Painstakingly restored and brilliantly reimagined, this unique residence balances classic grandeur with contemporary elegance – its breathtaking scale, striking interiors, and refined warmth create a rarefied lifestyle for the most discerning buyer.
Recognised as South Yarra’s most ornate and irreplaceable Victorian-style façade, the commanding, grey-rendered frontage and majestic arched entry form a powerful introduction to the home’s heritage significance and architectural distinction. Nestled in the sought-after Domain precinct, the residence is positioned between the Royal Botanical Gardens and Fawkner Park, placing it in one of Melbourne’s most prestigious lifestyle settings.
Inside, sweeping dual stairways introduce soaring ceilings, marble fireplaces, and multiple formal and informal living zones. A private lift connects all levels with ease. The gourmet kitchen – appointed with a full suite of Miele appliances, oversized porcelain island, walk-in pantry and terrace servery – flows to vast open-plan living and dining, with two sets of sliding doors to a city-facing terrace, concealed TV, BBQ and outdoor kitchen.
An expansive wine room with bespoke wine storage and direct terrace access provides the ideal setting for curated entertaining.
The upper level hosts the ultimate main suite sanctuary with spectacular city skyline views, terrace access, walk-in dressing spaces with robes, and two palatial ensuites – one with a freestanding bath and vanity table. Five further spacious bedrooms – many with fireplaces, study nooks, and built-in robes – are paired with beautifully appointed ensuites.
A grand-scale, cinema-style entertaining hall with projector, a dedicated wellness studio or gym space, a second indoor kitchen, and multiple lounge and dining areas deliver exceptional family flexibility across the lower level.
An exquisite connection to the outdoors defines the home, from lush garden courtyards and elevated terraces to a magnesium pool framed by tropical greenery and a sun lounge retreat. A private lower ground courtyard offers a secluded setting for intimate entertaining.
A secure 6-7 car garage accessed via a private rear entry offers rare inner-city convenience, ideal for families and collectors alike.
Additional appointments include hydronic and reverse heating/cooling, three luxurious powder rooms, generous storage throughout, 10,000L water tank, solar panels, security system, fire alarms, auto gates, outdoor heating, outdoor pool bathroom, and ramp access to garaging.
Situated in the prestigious private school precinct and within walking distance of Melbourne’s renowned entertainment and sporting venues, this is an incomparable inner-city sanctuary of style, scale, security, and privacy - offering extraordinary liveability and showpiece entertaining in one of Melbourne’s most coveted lifestyle pockets.

Disclaimer

Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-10-02 18:03:32. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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