The crown jewel of Ritz Mansions in St Kilda, a 500sq m penthouse with sweeping metropolis and bay views, is in the marketplace for $4.2m–$4.6m.
A landmark St Kilda penthouse with virtually 500sq m of dwelling house and a few of Melbourne’s most spectacular views has hit the market with a $4.2m-$4.6m price ticket.
It comes as status consumers more and more look to house-sized residences throughout Melbourne’s internal suburbs, with Ritz Mansions at 171 Fitzroy St standing out as probably the most important choices of the yr.
The four-bedroom, three-bathroom residence crowns the heritage-listed constructing constructed in 1927 by architect Ernest H. Lengthy, with its Interwar Stripped Classical design lengthy recognised as one among St Kilda’s most essential landmarks.
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As soon as dwelling to group radio station 3PBS throughout the suburb’s bohemian years, the constructing was restored in 1998 and has since been reimagined as a status residential and industrial handle.
At the moment, its heritage raise with copper mesh cage and grand foyers stay intact, including to the sense of character and rarity.
James Nicolaou Actual Property Port Phillip’s Alejandro Torres of James Nicolaou described the condo as “the crown jewel of Ritz Mansions”.
“You’re not simply shopping for a penthouse, you’re shopping for into the historical past and spirit of St Kilda,” Mr Torres stated.
Entertainer’s kitchen with island bench and metropolis outlook, a part of the huge Ritz Mansions penthouse.
Expansive dwelling zone with timber flooring and wraparound home windows framing Melbourne skyline views.
“At near 500sq m, it has the presence of a New York loft.
“You’ve received a number of dwelling zones, hovering areas and a rooftop terrace that appears throughout the town skyline, Albert Park Lake and all the best way down the bay to Mount Eliza.”
The penthouse’s mixed-use zoning permits for each industrial and residential use, a rarity in Melbourne’s status condo market and a possible drawcard for entrepreneurs, executives and inventive consumers who need to mix enterprise and way of life at one handle.
Panoramic rooftop terrace captures Melbourne’s skyline, Albert Park Lake and Port Phillip Bay at nightfall.
One in all three modern bogs within the penthouse, combining modern finishes with heritage scale.
Inside, the residence spans a number of ranges with polished timber flooring, expansive lounge and eating zones, and two kitchens together with a big entertainer’s hub with a central island bench.
Each room has an outlook, with even the kitchen framing metropolis views.
The rooftop terrace is the showpiece, providing cinematic panoramas that seize Melbourne’s skyline at nightfall, the shimmer of Port Phillip Bay and the greenery of Albert Park.
Almost 500sqm of light-filled dwelling house offers the condo the texture of a freestanding dwelling.
Mr Torres stated the property had already attracted curiosity from interstate consumers searching for a Melbourne base.
“We’re seeing enquiry from executives and high-end consumers who journey typically and need the lock-up-and-leave comfort of an condo, however with out sacrificing house,” he stated.
“It’s extremely uncommon to search out an condo of this scale in St Kilda, it’s one among a form.”
“That is the final word mix of way of life, historical past and status, it’s not replicable.”
Formal eating space provides to the condo’s house-like proportions inside Ritz Mansions.
Personal rooftop retreat with alfresco eating space and distinctive out of doors bar overlooking the town.
The property’s historical past can also be a part of the attraction.
Ritz Mansions was constructed at a time when St Kilda was shifting from a suburb of sprawling mansions to Melbourne’s most densely populated precinct, and was marketed as a “mansion flat” providing hotel-style companies from the neighbouring Ritz Lodge.
Its scale and inclusion of a passenger raise — an unusual luxurious within the Twenties — gave it a cosmopolitan edge that mirrored the suburb’s repute as Melbourne’s playground.
Ritz Mansions: A Timeline
Ritz Mansions, inbuilt 1927 within the Interwar Stripped Classical fashion, has been restored as one among St Kilda’s most important heritage landmarks.
1927 – Ritz Mansions constructed to designs by architect Ernest H. Lengthy, within the Interwar Stripped Classical fashion. Marketed as luxurious “mansion flats” with meals supplied by the neighbouring Ritz Lodge.
Nineteen Thirties – Generally known as one among St Kilda’s most prestigious addresses, that includes fashionable conveniences like central heating, telephones and a passenger raise.
1959 – Architectural photographer Wolfgang Sievers captures the constructing in a putting black-and-white picture, now held within the Nationwide Library.
Nineteen Seventies-Nineteen Nineties – Transformed into industrial workplaces. Neighborhood radio station 3PBS operates from the constructing in its “darkish and dilapidated digs,” cementing its place in Melbourne’s countercultural historical past.
1998 – Main restoration by RBA Architects saves the constructing from decline. Heritage raise restored, foyers preserved, areas transformed again into residences.
At the moment – A status residential and industrial handle. Its penthouse, almost 500sqm, is described because the “crown jewel of Ritz Mansions.”
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