Chelsea's trophy 17 bedroom holiday home listing

A grand family holiday home in Chelsea is on the market with a $3.2 million plus price guide.

Located at 18 Camp Street, the property consists of three linked accommodation areas.

The central home features four bedrooms and two bathrooms, the north wing is made up of two apartments and the south wing is made up of three apartments.

The Herszberg family holiday home totals 17 bedrooms and 10 bathrooms and is being sold as a whole.  The property has been used every year since the initial 1999 purchase as a holiday home for the matriach and her four children and 25 grandchilden.

The 1,200-square-metre property, with an indoor pool, has the option of being subdivided into three separate homes and offers a potential rental income of $150,000 per annum - a potential rental yield of 4.69%.

Troy Robinson and Daniel Wright of Hocking Stuart have the listing, with expressions of interest closing July 24.