1-4/27 Leopold Street, South Yarra VIC 3141

Inspection by Appointment

Introducing a distinguished Art Deco, freestanding building with an impressive double frontage of approximately 12.2 metres, perfectly positioned in South Yarra’s most coveted area. Nestled between Fawkner Park and the Royal Botanic Gardens, on the edge of Domain Village, the property currently features four 2-bedroom apartments, each offering an enticing rental return. This BLUE-CHIP property holds potential for renovation, which can further boost its capital value and rental yield with minimal expenditure. This RARE opportunity allows you to secure a property in one of Melbourne’s most tightly held neighbourhoods.

Additionally, there is a unique REDEVELOPMENT OPPORTUNITY envisioned by Latitude 37 (with approved plans), featuring basement parking for up to 4 cars, a north-facing courtyard with a plunge pool, masterfully designed living spaces filled with natural light, and an opulent master suite with pool views and a luxurious ensuite. This exceptional property seamlessly combines prestige and profitability, making it an outstanding opportunity as both an investment or family home in South Yarra’s most sought-after area.