242 Bank Street, South Melbourne

Subscribe to regular market updates. With its revered Emerald Hill corner address and off-street parking for one just 100m from the South Melbourne Market, this c1898 Victorian residence asserts its presence with an architectural dialogue that bridges past and present. Its iconic solid brick façade, punctuated by traces of original signage, offers a reminder of its former lives as a boarding house and beloved retailer, whilst within, the three-bedroom, 2.5-bath layout has been expertly transformed with contemporary sensitivity. Soaring ceilings and intricate period detailing create an immediate sense of elegance, where thoughtfully arranged living and kitchen spaces allow the layout to shift between family intimacy and the capacity for large-scale occasions. A central foyer separates the living and entertaining areas, with the original shopfront now housing a gallery-like sitting room that links seamlessly to the custom-fitted living space. Beyond, the chef’s kitchen and light-filled dining room form a considered focal point, where a 900mm Smeg gas cooktop, oversized Smeg oven, and elongated island bench draw the eye toward a secluded European-style courtyard, with double-glazed sliding doors extending for al-fresco dining. Upstairs accommodation reaches out to city and district outlooks, led by a large main bedroom suite featuring extensive walk-in and built-in robes, plantation shutters, and a modern ensuite. Two additional bedrooms with stunning pressed metal ceilings share a second bathroom and a separate family laundry and WC, whilst a broad terrace delivers a sun-drenched, tree-lined vantage to take in the views. Hydronic heating, off-street parking for one, and ample storage, including an outdoor shed perfectly sized for a bike, enhance the turn-key appeal, enriched by desirable proximity to Albert Park Village, MSAC, the #96 light rail and #1 city bound trams, the lake precinct, renowned dining options, St Vincent Gardens and coveted schools, with zoning for Albert Park College. Montague Continuing Education Centre 100 Montague Street South Melbourne Victorian College Of The Arts Secondary School 57 Miles Street Southbank Albert Park Primary School Bridport Street Albert Park Mac Robertson Girls High School 350-370 Kings Way Melbourne 83 Danks Street Albert Park 62 Pickles Street Albert Park Melbourne Grammar School Melbourne Grammar School Domain Rd Melbourne Middle Park Primary School Richardson Street Middle Park 40 Bay Street Port Melbourne New Generation College Level 6 152-168 Elizabeth Street Melbourne The Meridian International School 196 Flinders Street Melbourne Port Melbourne Primary School 415 Graham Street Port Melbourne Melbourne Girls Grammar 86 Anderson Street South Yarra Level 3 - 169 Swanston Street Melbourne Christ Church Grammar School 677 Punt Road South Yarra 399 Lonsdale Street Melbourne South Yarra Primary School 601 Punt Road South Yarra 168 Exhibition Street Melbourne DOXA School West Melbourne 300 Rosslyn Street Melbourne West Holmes Secondary College 185 Spring Street Melbourne Melbourne High School Forrest Hill South Yarra St Kilda Park Primary School 68 Fitzroy Street St Kilda Simonds Catholic College 273 Victoria Street Melbourne West 6 Prince Patrick Street Richmond Richmond Primary School Brighton Street Richmond Academy of Mary Immaculate 88 Nicholson Street Fitzroy Carlton Gardens Primary School Collingwood English Language School 19 Cambridge Street Collingwood 107 King William Street Fitzroy