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01/31/2026 12:00PM
01/31/2026 12:30PM
Australia/Melbourne
OFI for 2 Hermitage Street, LILYDALE
Step back in time and experience one of Lilydale's most significant historic homes, originally built in the 1860s as the township hospital. Once part of a grand vineyard estate extending to Lilydale Lake, this exceptional property blends rich heritage character with modern comfort, offering an irreplaceable opportunity within the heart of the Yarra Valley gateway. With its unique charm, substantial proportions and modernised amenities, the residence is also poised to achieve an impressive rental income of $1,000–$1,100 per week, further enhancing its appeal to investors and long-term hold buyers.
Behind its charming façade lies a meticulously restored residence showcasing exquisite period detail, high ceilings, original fireplaces, ceiling roses, and antique timberwork thoughtfully enhanced with every modern convenience. The current owners have undertaken extensive restoration and upgrades, from rewiring and replumbing to new bathrooms, kitchens, lighting, air-conditioning, and full exterior painting, all while preserving the home's enduring vintage charm.
Known as 2 & 2A Hermitage Street, the property offers remarkable versatility for large family living or dual accommodation, all under one continuous roofline. The flexible floorplan provides up to six bedrooms plus a study, three beautifully renovated bathrooms, and multiple living zones. The self-contained unit complete with its own kitchen, living area, laundry, and private entry makes an ideal setup for extended family, guests, or supplementary income.
Both kitchens have been stylishly updated and featuring quality appliances, stone benches, and timeless finishes. Entertaining is effortless, with wide verandahs, a deck with a built-in bar, and manicured gardens that wrap around the home.
Practical enhancements include two continuous gas hot water services, new split-system air-conditioning, restored stonework, a new garage and driveway on Deschamps Street, upgraded fencing, and security cameras. Every light, fixture, and surface has been replaced in keeping with the home's heritage aesthetic, creating a perfect balance between old-world warmth and modern liveability.
Set on 952sqm (approx.), this unique property also offers dual access from Hermitage and Deschamps Streets, ample parking (including dual carports and a garage), landscaped gardens, and charming outdoor spaces framed by established trees and garden lighting.
A truly irreplaceable piece of Lilydale's story, lovingly preserved and ready for its next chapter.
Disclaimer:
Noel Jones has taken every precaution to establish the accuracy of the information provided. Some images may have been digitally enhanced or virtually staged for presentation purposes. This material does not constitute any representation by the vendor or real estate agent as to the property's current condition or features. You should rely on your own inspection and enquiries to satisfy yourself of the condition and characteristics of the property.
2 Hermitage Street, LILYDALE
