17-19 Gipps Street East Melbourne

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.