An extraordinary opportunity awaits with this sprawling, split-level penthouse, perched at the exclusive Paris end of Fitzroy Street. Spanning approximately 500sqm, this remarkable residence includes a private courtyard complete with a sauna and convenient goods lift/crane adding a layer of functionality and luxury rarely seen at this scale. With both a private courtyard and balcony, the property offers a rare blend of expansive living space, timeless elegance, and unmatched potential.
Steeped in the rich history of one of St Kilda’s most iconic buildings, this penthouse offers a chance to become part of the legacy of the Ritz Mansion a landmark that has stood as a symbol of refined living for generations. Originally designed with the utmost attention to detail, it continues to capture the essence of St Kilda’s storied past while offering an unparalleled living experience in today’s modern world.
Zoned for mixed use, this unique property is not only a residence of rare scale and character but also a highly versatile space that offers the freedom to live and work under one roof. Whether you’re seeking to establish a creative studio, boutique business, consulting rooms, or simply enjoy the convenience of working from home, this is an address that adapts to your lifestyle and ambitions with ease.
Boasting breathtaking panoramic views, the penthouse offers an ever-changing vista from the gleaming city skyline and tranquil Albert Park Lake to the bayside expanse stretching to Williamstown, Portarlington to Mount Eliza. The surrounding sights ensure that every moment spent in this residence feels like a front-row seat to Melbourne’s most iconic landmarks.
The home itself is currently designed with two self-contained living zones, providing both flexibility and comfort. The expansive living and dining areas provide the ideal space for entertaining or unwinding in style. The kitchen, thoughtfully renovated to offer both practicality and contemporary appeal, is ready to serve as the heart of the home. Cypress Pine floors with Jarrah trim, central heating, and elegant detailing throughout create an atmosphere of effortless comfort.
The master suite is generously sized, featuring a large ensuite with double vanity and a spa bath offering a perfect space to relax and rejuvenate. Three additional spacious bedrooms provide plenty of room for family, guests, or a home office. The property also includes 3.5 well-appointed bathrooms, further enhancing the home’s sense of ease and convenience.
Rising above it all, the private rooftop sundeck offers a seamless blend of outdoor living and spectacular views perfect for relaxing or hosting guests in style. Whether you’re looking to indulge in the vibrant atmosphere of St Kilda or retreat to the serenity of this elevated sanctuary, this penthouse offers the best of both worlds.
Beyond its current grandeur, the property presents exceptional potential for future development (STCA), with priceless airspace and a position that guarantees long-term value. This is not just a home; it’s an opportunity to reimagine an iconic St Kilda landmark making it as unique as your vision.
Whether you choose to embrace its luxurious current form, harness its commercial flexibility, or explore the incredible possibilities that lie ahead, this penthouse represents a once-in-a-generation chance to secure one of Melbourne’s most coveted addresses an address that carries with it the rich heritage of St Kilda’s golden era.