47 Nicholson Street, South Yarra, Vic 3141

Opportunities like this are incredibly rare. Spanning 697sqm (approx.) of prized South Yarra land with no heritage overlay, this grand C1895 Hawthorn brick Victorian is steeped in history and brimming with unparalleled potential. Held by the same family for over 50 years, it offers developers, investors, or homeowners a unique chance to make their mark in one of Melbourne's most sought-after locales. With dual vehicle access, an expansive frontage, and the character of its era, including exquisite pressed tin ceilings, six original fireplaces, and three marble mantles, this property is a treasure trove of possibilities. The primary residence houses eight bedrooms, each with independent kitchens, and to the rear, three one-bedroom flats (two refurbished) provide further flexibility. Whether envisioning a prestigious development (STCA), restoring its former grandeur, or securing a high-growth investment, the potential here is undeniable. All within walking distance to Toorak Road's dining precinct, Chapel Street's lively entertainment, Fawkner Park, esteemed schools, South Yarra Station, and Prahran Market, this is truly an unparalleled chance to create something extraordinary.