325-327 Bank Street, South Melbourne

Subscribe to regular market updates. Constructed in 1889 as the former Shannon and Shamrock Hotel, this imposing Queen Anne landmark occupies a tightly held South Melbourne position on the edge of Albert Park Village, a short walk from South Melbourne Market and only moments from the city. Solid brick construction and a striking street profile give the building its authority, while three substantial levels and a 301sqm (approx) footprint create a rare opportunity to shape a multi-level residence, creative studio, or combined work-and-living address on the city fringe. The ground floor opens through a secure garden entry to an expansive front room, ideal for a large living zone or reception space, immediately granting flexibility in how the property is used. Toward the rear, a dedicated home office, an additional sky-lit living room, and supporting laundry and powder room connect directly to rear ROW access, allowing separation between work, daily living, and entry points. A central original staircase leads upward to the first floor, where a beautifully bright open kitchen and meals area sit alongside external stairs that climb to the rooftop, introducing future potential for upper-level entertaining with incredible views. The palatial main suite is notable for its size, dual open fireplaces, and city outlooks, followed by three further bedrooms, a study/living room, and a renovated central bathroom on the upper level. Retaining its heritage grandeur and beauty through leadlight windows, soaring ceiling heights, and generous proportions, it is enhanced by an underground cellar, hydronic heating panels, split-system air conditioning, toilet facilities on all floors, an alarm system, and a rear roller door allowing potential reinstatement for vehicle access via Montague Place. Walking distance to the number one tram, light rail, St Vincent Gardens, Albert Park College, and village cafes, The Shamrock presents immediate appeal with the peerless scope to restore, adapt, and carry it forward for the next generation (STCA). Montague Continuing Education Centre 100 Montague Street South Melbourne Albert Park Primary School Bridport Street Albert Park 62 Pickles Street Albert Park 83 Danks Street Albert Park Victorian College Of The Arts Secondary School 57 Miles Street Southbank 40 Bay Street Port Melbourne Mac Robertson Girls High School 350-370 Kings Way Melbourne Middle Park Primary School Richardson Street Middle Park Port Melbourne Primary School 415 Graham Street Port Melbourne Melbourne Grammar School Melbourne Grammar School Domain Rd Melbourne New Generation College Level 6 152-168 Elizabeth Street Melbourne The Meridian International School 196 Flinders Street Melbourne 399 Lonsdale Street Melbourne Level 3 - 169 Swanston Street Melbourne Melbourne Girls Grammar 86 Anderson Street South Yarra Christ Church Grammar School 677 Punt Road South Yarra South Yarra Primary School 601 Punt Road South Yarra DOXA School West Melbourne 300 Rosslyn Street Melbourne West 168 Exhibition Street Melbourne Holmes Secondary College 185 Spring Street Melbourne St Kilda Park Primary School 68 Fitzroy Street St Kilda Simonds Catholic College 273 Victoria Street Melbourne West Melbourne High School Forrest Hill South Yarra 6 Prince Patrick Street Richmond Richmond Primary School Brighton Street Richmond Carlton Gardens Primary School Academy of Mary Immaculate 88 Nicholson Street Fitzroy Collingwood English Language School 19 Cambridge Street Collingwood St Michael's Grammar School