Iconic East Melbourne heritage sites acquired by developer set to break records

Abadeen Group is continuing its expansion in Victoria, with the developer acquiring two adjoining iconic sites in East Melbourne.

Abadeen Victoria, under the leadership of property veteran Andrew Leoncelli, bought 19 Simpson Street and 29 Simpson Street in the prestigious suburb, with the combined sites equating to nearly 1800 square metres and costing the developer an undisclosed sum, believed to be circa $20m.

19 Simpson Street is the former rooms of famous eye and ear doctor Jack Kennedy, who was one of Collingwood’s most celebrated supporters and famously survived the 1989 United Airlines crash from Honolulu that killed nine passengers.

29 Simpson Street is the home of Kilburn Mansion, built in 1878 by owner David Blair, which was later converted to a hospital, offering divine views of East Melbourne and faces the Dandenongs, towards Treasury Gardens, Melbourne’s CBD and the MCG.

Abadeen Victoria has submitted plans to council for eight home sized apartments and one penthouse.

“Four apartments will be built on the ground floor with garden terraces and four on the first floor - each with access to a huge single basement containing car parks and significant storage rooms with direct access to homes,” Andrew said.

“The full floor penthouse is the cherry on top, set across the entire top floor of both streets. 

“This residence has accommodation for five cars, its own private lift with direct access from the basement which offers huge storage, a ‘man cave’ rooftop terrace with 360 degree views and its own private pool.”

Andrew said the site benefits from the existing permit on 29 Simpson Street where Abadeen Victoria’s development fits well within the envelope of the approved scheme. 

He also revealed renowned architect Kennon - who has the Ritz Carlton Gold Coast and Collins Wharf in his portfolio, among others - is behind the design.

“The project slated to be developed on these two adjoining sites, designed by rising star of the luxury home and apartment market Pete Kennon, will be totally unique and will break all records for pricing when eventually it comes to the market.”

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