1-6/11 Park Street,
South Yarra, VIC 3141
Development Sites & Land • Other
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Map of 1-6/11 Park Street
Art Deco Block of Six on Domain Precinct Corner
In London they have Mayfair and Park Lane, and in New York they have Fifth Avenue, but in Melbourne…it's all about Park Street South Yarra. Set between the Botanic Gardens and Fawkner Park, this heritage gem is perfectly positioned. Whether you are looking at luxury residential project, a single residence like no other or just a quality blue chip investment - where would you rather be?
On the western side of Park Street, this prominent corner landholding of approximately 398m² represents a rare and rewarding opportunity. Comprising six generously proportioned apartments-each on its own title-the property spans an estimated 516m² of net residential area, with the added benefit of substantial undercover storage and secure parking. In total, there are eight titles, including dedicated parking and storage units, with further land at the rear providing additional parking and enhancing future flexibility.
Currently generating an income of approximately $100,000 per annum (fully let), this outstanding asset offers multiple pathways for savvy buyers-whether to invest, develop (STCA), or create your own dream residence in the Domain Precinct. The location delivers seamless access to Melbourne's finest amenities, including the CBD, St Kilda Road's cultural precinct, the MCG and sporting district, Fawkner Park, the Royal Botanic Gardens, the Yarra River, and the vibrant lifestyle of Chapel Street, South Yarra.
On the western side of Park Street, this prominent corner landholding of approximately 398m² represents a rare and rewarding opportunity. Comprising six generously proportioned apartments-each on its own title-the property spans an estimated 516m² of net residential area, with the added benefit of substantial undercover storage and secure parking. In total, there are eight titles, including dedicated parking and storage units, with further land at the rear providing additional parking and enhancing future flexibility.
Currently generating an income of approximately $100,000 per annum (fully let), this outstanding asset offers multiple pathways for savvy buyers-whether to invest, develop (STCA), or create your own dream residence in the Domain Precinct. The location delivers seamless access to Melbourne's finest amenities, including the CBD, St Kilda Road's cultural precinct, the MCG and sporting district, Fawkner Park, the Royal Botanic Gardens, the Yarra River, and the vibrant lifestyle of Chapel Street, South Yarra.
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South Yarra, 3141 demographic data
The median household income for South Yarra is $2,063, 9% higher than Greater Melbourne's household income of $1,901. South Yarra has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 47% of property owners in South Yarra have a mortgage.
25,028
Population
$2,063 per week
Median household income
33 years
Median age
Renters
Most residents
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Most households
1-6/11 Park Street
South Yarra, VIC 3141
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