The Block Sky High apartment listed for $2-$2.2 million

An indoor’outdoor room captures views of the Melbourne CBD about two kilometres away/

One of six apartments which replaced South Melbourne’s former Kingsway Hotel – renovated as part of the 2013 season of TV show The Block – is for sale.

Belle Property is quoting $2-$2.2 million for 201/142 Park Street, which was refurbished by Perth-based contestants Matt and Kim Di Costa.

The master bedroom was renovated after a judge described the former Jackson Pollock inspired design a “crime scene”.

The couple didn’t win the competition but banked prize money of $250,000 when the full-floor second storey unit sold for $1.455 million at the show’s finale (this figure was calculated as the sale price less reserve).

That purchaser rented it out achieving between $1500-$1600 per week.

It last traded in 2017 for $1.9 million.

A Jackson Pollock inspired renovation of a bedroom in this unit was described by co-judge Neil Whittaker as “a crime scene”.

The apartment includes three bedrooms – one with an enormous walk-in-wardrobe, a butler’s pantry, bar and indoor-outdoor entertaining area with city views.

It also has two car parks and west facing view security, opposite Eastern Reserve.

Stephanie Evans and David Wood are the marketing agents.

The Block Sky High was the renovation of a former Central Equity and Uniting Church owned hotel

The Uniting Church in Australia sold Kingsway Motel to Central Equity in 2007. It was rebranded BizMOTEL (pictured here) before being snapped up by The Block producers.

The seventh series of The Block – marketed as Sky High – tested renovating a multi-level apartment building for the first time (contestants had previously renovated residences within ‘walk-up ‘blocks of flats and detached and standalone terraces).

Central Equity sold the 3.5 star, 40-suite hotel and two neighbouring residential holdings – creating a 2094 square metre site – to the show’s producers.

The building shell was then designed to fit in six flats, each on a level.

Five were renovated and sold as part of the competition – exchanging on auction day for between $1.435-$1.605 million. In following years, three multi-level townhouses replaced a car park formerly adjoining the hotel, fronting Eastern Road.

Central Equity paid The Uniting Church in Australia $6.25 million for 142 Park Street in 2007.

Known as Kingsway Motel, the Residential 1 zoned land was earmarked for a mid-rise project to complement the developer’s nearby Southbank skyscrapers.

It was trading as BizMOTEL when Central Equity offered it for public sale three years later.

Share or Recommend article

Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.