FOR SALE
$738,000

M1403/168 Macaulay Rd
North Melbourne VIC 3051

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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GREAT INVESTMENT OPPORTUNITY

Set in the prestigious city fringe of North Melbourne, and only 2.5km from the Melbourne CBD, Arden Gardens apartments is centrally located with immediate proximity to parks, recreation facilities, world class medical and education institutions and close to public transport.
The project has its own on-site retail precinct with a brand new Woolworth supermarket and specialty stores, a double story cafe, a large rooftop garden with spectacular views and superbly finished apartments.
There is an entertaining lounge area with a private kitchenette, games room and outdoor playing space. There are also 2 cinemas available for residents to use.
The building offers one to four bedrooms apartments, all significantly spacious and with double sliding door balconies for an indoor/outdoor living environment.
All apartments have beautifully designed modern kitchens, complete with Miele appliances and quality cupboards.
The bathrooms offer larger vanities, larger than average showers and some with bath and shower combinations.
All bedrooms have generous size built in robes. Many of the tower apartments offer striking city views with the addition of spacious walk in robes leading to a private ensuite.
The location of the building is ideally situated for Education and Medical facilities as well as close to public transport.
EDUCATION*
RMIT University
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Property Details for M1403/168 Macaulay Rd, North Melbourne

M1403/168 Macaulay Rd, North Melbourne is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for sale with PROPERTY SOLUTIONS ESTATE AGENTS.

Building Type
Apartment

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About North Melbourne 3051

The size of North Melbourne is approximately 2.4 square kilometres. It has 12 parks covering nearly 4.7% of total area. The population of North Melbourne in 2011 was 11,755 people. By 2016 the population was 14,948 showing a population growth of 27.2% in the area during that time. The predominant age group in North Melbourne is 20-29 years. Households in North Melbourne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Melbourne work in a professional occupation. In 2011, 31.4% of the homes in North Melbourne were owner-occupied compared with 28.5% in 2016.

North Melbourne has 12,047 properties. Over the last 5 years, Houses in North Melbourne have seen a 17.44% increase in median value, while Units have seen a 11.53% increase. As at 31 July 2024:

  • The median value for Houses in North Melbourne is $1,252,042 while the median value for Units is $493,068.
  • Houses have a median rent of $720 while Units have a median rent of $550.
There are currently 54 properties listed for sale, and 47 properties listed for rent in North melbourne on OnTheHouse. According to CoreLogic's data, 403 properties were sold in the past 12 months in North melbourne.

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