St Kilda penthouse boasting views of Luna Park sparks overseas interest

This whole-floor St Kilda penthouse features panoramic bay views, a rooftop retreat and high-end designer finishes throughout.

One of St Kilda’s most breathtaking penthouses has hit the market, with a $4m-$4.4m price guide.

Occupying the entire top floor of 30 The Esplanade, the four-bedroom, four-bathroom residence captures sweeping views of Port Phillip Bay, the Palais Theatre, Luna Park and the city skyline.

Kay & Burton Stonnington director Darren Lewenberg said the penthouse had interest from both downsizers and buyers across Melbourne, interstate and overseas.

“It’s interesting, we’ve had a lot of inquiry from the mature market, people coming out of large family homes who still want space to entertain and host the family, but in a more manageable setting,” Mr Lewenberg said.

“But it’s not just your typical downsizer.

“This home has a presence — it’s commanding attention from all over because people recognise how rare it really is.”

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Designed by award-winning architects SJB, the penthouse was originally conceived as two separate apartments before a visionary former owner amalgamated the third floor and rooftop to create a one-of-a-kind full-floor sky-home.

The swanky pad boasts its own rooftop retreat complete with a spa, sauna, outdoor kitchen, daybed, three bar fridges and two alfresco bathrooms.

Wide European oak floorboards, Calacatta marble finishes and full-height glazing set a luxurious tone throughout, while the home’s scale and flow feel more like a freestanding house than an apartment.

The Smeg-appointed kitchen includes a 90cm gas cooktop and integrated Liebherr fridge, anchored by a showstopping marble island and a separate marble breakfast bar.

Curved custom bookshelves and gallery lighting give the penthouse’s main living space a refined, modern feel.

Floor-to-ceiling glass captures uninterrupted views over Port Phillip Bay, Luna Park and the city skyline.

The master suite includes walk-in and built-in robes, a marble ensuite and sweeping views across the foreshore.

A Calacatta marble island anchors the gourmet kitchen, fitted with Smeg appliances and a Liebherr fridge.

The internal layout includes multiple living and entertaining zones, with a dedicated dining space framed by views of Luna Park and the bay, and a lounge featuring curved custom bookshelves and gallery lighting.

The main suite includes walk-in and built-in robes plus a marble-clad ensuite, while two further bedrooms have private ensuites and the fourth is serviced by a central bathroom.

Mr Lewenberg said the double-glazed windows and acoustic insulation deliver surprising serenity to buyers despite the home’s buzzing Esplanade position.

“You can be standing inside, looking out over the city skyline or watching queues form at the Palais, and yet it’s absolutely calm,” he said.

“That combination of visual immersion and acoustic privacy is incredibly rare.”

But, the Kay & Burton Stonnington director said it’s the rooftop that leaves buyers speechless.

“The lift opens into the private lobby, and straight away you’re hit with uninterrupted views across St Kilda and the bay,” Mr Lewenberg said.

“People light up, there’s a physical reaction. And then they head upstairs and it all elevates again.

“It’s almost spellbinding.”

Marble-wrapped bathrooms throughout the penthouse add a luxe, spa-like feel to everyday living.

Dine with a view: the living zone overlooks Luna Park and the heritage-listed Palais Theatre.

The penthouse spans the entire top floor of 30 The Esplanade, directly above the St Kilda foreshore and Rigatoni restaurant.

No other penthouse offers this close a view of St Kilda’s most iconic landmarks, from every main room.

The rooftop zone is fully self-contained, with bathrooms, entertaining infrastructure, lush planters and ambient lighting, and all just steps from the sand.

“This home offers the ultimate balance, you’re in the thick of it, but you’re also completely cocooned,” he said.

“It’s irreplaceable.”

Other highlights include zoned heating and cooling, Liebherr wine fridge, powder room, full laundry, video intercom, direct lift access and basement parking for four cars with storage.

Expressions of interest close June 11 at 1pm.

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