A historic post office converted into a spectacular one-of-a-kind house in Melbourne‘s east has hit the market with a $10million price tag, making it the most expensive property in the sought-after area.
Behind the redbrick façade of the 1920s building that once housed the George Street Post Office is a unique home of enviable luxury, complete with grand resort-style bathrooms, a wine cellar, a billiard’s room, a designer kitchen and sprawling open-plan living spaces flooded with natural sunlight.
Original features including a grand hallway, library, fireplaces and towering corniced ceilings have been painstakingly preserved, while wrought iron gates once used by the postmaster still provide access to the front of building today.
Behind the redbrick façade of this 1920s building that once housed the George Street Post Office is a one-of-a-kind home of enviable luxury
The old George Street Post Office is captured in a photo from the Victorian Government archives, date unknown
It’s the first time the building has been sold as a private residence in over a century.
The current owners, who did not want to be named, bought the building as a post office in 1990 and steadily transformed it into the one-off home it is today, retaining the original charm wherever possible.
Listing agent Sarah Case, who is overseeing the sale for Melbourne real estate agency RT Edgar, describes the house as ‘one of the inner city’s most significant and spectacular luxury homes’.
With over 687 square metres of inside space, the floor size is almost three times larger than the average Victorian home which was 244.8sqm in 2018, according to figures from the Australian Bureau of Statistics.
The spectacular house in Melbourne’s east (pictured) has hit the market with a $10million price tag
Original features of the post office including a grand hallway and library (pictured) have been painstakingly preserved
The kitchen (pictured) is fitted with a Viking rangehood, a handcrafted timber island bench and a large butler’s pantry
Flooded with natural light, the formal dining room is big enough to house a baby grand piano and a 10-seater table
‘A lot of buyers will be surprised that such a block of land exists in East Melbourne and even more surprised about the 687sqm of internal living,’ Ms Case told realestate.com.au.
The north-facing position means almost every inch of the house is flooded with natural light from dawn until dusk.
The interior is kitted out with every imaginable creature comfort, including a full CCTV security system, built-in barbecue and a hydronic heating and ducted air conditioning system that maintains the perfect temperature all year round.
The house has four bedrooms, with the master ensuite and adjacent walk-in wardrobe occupying an entire floor.
The remaining three are behind the basement, each with custom-designed iron and glass doors with sweeping views of the garden courtyard.
A copper-roofed conservatory currently used as an artist’s studio could be converted into additional living space or restored to its original form: a 10-metre indoor pool still intact under the floor
Fireplaces and corniced ceilings (pictured) are a nod to the building’s past
Each of the remaining three bedrooms (one left) has custom-designed iron and glass doors with sweeping views of the garden courtyard, while all of the bathrooms (one right) are decorated in a sleek resort style
The house has four bedrooms, with the master (pictured) and adjacent walk-in wardrobe occupying an entire floor
Double doors open onto a garden terrace where vines wind their way around wooden trellises
No expense has been spared in the kitchen, which is fitted with a Viking rangehood, a handcrafted timber island bench and a large butler’s pantry.
Double doors open onto a garden terrace where vines wind their way around wooden trellises, while beneath the house a cavernous basement boasts a bar, wine cellar with a tasting area and space for 1,200 bottles, and a games room big enough to fit a billiard’s table.
A copper-roofed conservatory currently used as an artist’s studio could be converted into additional living space or restored to its original form: a 10-metre indoor pool still intact under the floor.
While the $10million asking price doesn’t come close to the $23million fetched by Melbourne’s most expensive property – an extravagant six-bedroom Toorak mansion – in late 2020, it is certainly a standout in the 3002 postcode where the average sale price is $2.3million.
The basement houses a 1,200 bottle wine cellar (left) and a games room with space for a billiard’s table (right)
The $10million price tag makes the house a standout in the 3002 postcode, where the average sale price is $2.3million
If the price guide is met, it will be the most expensive property sold in East Melbourne since 2018
If the price guide is met, it will be the most expensive property sold in the area since 2018, according to data from Domain.
Home to some of the city’s oldest and grandest houses, East Melbourne is a sought-after location favoured by creatives and young professionals who love its proximity to the city, public parks and vibrant streets stacked cheek by jowl with award-winning bars and restaurants.
Expressions of interest for the George Street Post Office can be lodged with Ms Case until Tuesday, March 30.