51 & 51A Fitzgerald Street, South Yarra

Promising stunning modern potential over two generously sized plots of 399m2 (approx.) and 328m2 (approx.) for a combined 727sqm (approx.) block right in the heart of South Yarra, these two appealing homes on two separate titles combine to present an opportunity of a lifetime!

There are a wealth of paths you can take with this amazing inner city prospect. Redevelopment is the obvious option, where you can utilise the two titles and build dual luxurious residences (STCA) on each block. There is also a chance to use the entire allotment and construct one expansive, bespoke, and lavish family home (STCA). Or you can maximise the space by subdividing further into apartments or townhouses (STCA).

One is a wonderfully updated 2 bedroom residence that could easily be inhabited by yourself or prospective tenants for exciting rental returns. Just next door is more of a renovation project, and also has a sizeable rooms. Both homes offer alluring north-facing back gardens. Whether you redevelop, update, or live in, you can't go wrong with this exciting opportunity!

South Yarra locations don't get much better than this, where you're moments to all the superb restaurants, cafes, bars, and boutique shops on Chapel Street. You're also very close to Toorak Road shopping, Prahran Market for your fresh fruit and veggies, great local parks and playgrounds, Fawkner Park, Royal Botanic Gardens, Toorak Primary School, Prahran High School, Melbourne High School, Melbourne Girls' College, trams, and Prahran Station.