8 Penny Lane, South Yarra is a 4 bedroom, 4 bathroom Townhouse with 2 parking spaces and was built in 1950. The property has a land size of 112m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom Townhouse sold in South Yarra in the last 12 months.
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At a glance
* Unique lock up and leave, luxurious high-end, light-filled sanctuary nestled in an urban-look cul-de-sac, a few minutes' walk from restaurants, bars, retail, public transport, and theatres.
Abode
Entering 8 Penny Lane is an extraordinary experience you'll never forget. With three soaring staircases seemingly to float, and perfectly lit by the glass roof directly above. As one wanders through the spaces of this creatively designed exceptionally appointed luxurious residence, you are a world from the external environment. The inner opulence is in direct juxtaposition to the grunge style inner city type cul-de-sac.
Every detail of this five level, four ensuited bedroom warehouse conversion, from the custom double-glazed steel windows, exposed lift which covers all levels tell the tale of the building's history and contributes to an atmosphere of urban sophistication.
It's a rarity to find a well-appointed, single titled, lock-up and leave secure residence literally a 3-minute walk to high end restaurants, bars and retail. The amenity is equally impressive with a zinc feature wall spanning four levels, marble kitchen, commercial grade HVAC individually zoned heating and cooling, double glazing throughout, remote entry access, a sophisticated home security with the ability to isolate the top two levels. The functional floorplan is highly efficient providing every member of the family with their own private level and separate living / entertaining areas. For buyers seeking a distinctive, Melbourne residential space, this is a bespoke and acclaimed warehouse conversion.
Area
Perfectly nestled behind iconic Caffe e Cucina and just metres from acclaimed 38 Chairs, this tightly held pocket comes paired with a cosmopolitan lifestyle unlike any other. Endless dining experiences are matched with high-end retail, live entertainment and cinemas. Metres from the train and tram into the city, stroll to elite schools and the banks of the Yarra River.
The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of total area. The population of South Yarra in 2011 was 19,134 people. By 2016 the population was 25,143 showing a population growth of 31.4% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation. In 2011, 36.8% of the homes in South Yarra were owner-occupied compared with 32.6% in 2016.
South Yarra has 25,726 properties.
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