A landmark residence in St Kilda's most prestigious square, this c1855 double-fronted Colonial residence is a magnificent and rare example of its time, responding effortlessly to every modern requirement, yet offering the scope to further personalise or update to make the most of its premier position. Encompassing iconic views of the bay and the Palais Theatre from the front door, this is a peerless opportunity to own a piece of Melbourne's history in a lively and ultra-central beachside position, complete with a second frontage to Victoria Street with crossover and potential for OSP. One of only two freestanding homes on the square, the traditional iron-lace verandah forms an inviting entrance to a wide arched hallway featuring soaring ornate ceilings and crisp white hardwood floors. Substantial sitting and dining rooms with open fireplaces encompass the home's hallmark properties before culminating in the sun-drenched family and kitchen domain at the rear, designed for private entertaining around a central courtyard. A recent refurbishment makes a stylish statement in the kitchen with quality appliances and stone-look countertops, whilst bi-fold doors allow for seamless entertaining, opening to the north-facing deck with a built-in BBQ and pizza oven. Three bedrooms are generously sized and peacefully positioned, including two with open fireplaces, whilst an office/fourth bedroom to the rear allows for lifestyle flexibility, allowing separate street access to Victoria Street through a second private courtyard. With two beautiful bathrooms, hydronic heating, split system air conditioning and ceiling fans, an external storage room and an extensive bluestone cellar, this coveted home is an outstanding opportunity in an unmatched location where you can explore the vast array of lifestyle amenities in minutes. From the picturesque St Kilda Beach to Acland and Fitzroy Street's bustling restaurants, bars and cafes and, of course, the iconic city-bound 96 tram, this is exceptional living in the true heart of St Kilda.