397 Wellington St, Clifton Hill is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 1900. The property has a land size of 296m2 and floor size of 238m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Boasting a history as richly diverse as the fabulous neighbourhood and offering an exciting future that is only limited by your imagination, this unique property occupies a prime 296sqm corner that dishes up an array of exciting options. Boasting exceptional land so close to the city plus a truly versatile floorplan, this is a proposition that is ready to realise the dreams & ambitions of the next owners.
Right on the corner the shop-front and adjacent storeroom/office space are true blank canvases and have the scope to adapt to whatever your vision. Out from here a shaded patio gives way to the well-sized yard with outbuildings that include a shed/storage, laundry and garage. Able to be self-contained, the 4-BR dwelling showcases the scale typical of the era and features a lounge and dining area plus central kitchen, bathroom and separate WC.
With the option to develop the yard and build a contemporary new dwelling that capitalises on the dual street frontage whilst reviving the grandeur or the existing building, there is also an opportunity to enhance what's there to create an enviable inner-city family home with designer alfresco areas (all subject to council approval).
The size of Clifton Hill is approximately 1.7 square kilometres. It has 11 parks covering nearly 29.5% of total area. The population of Clifton Hill in 2011 was 5,791 people. By 2016 the population was 6,354 showing a population growth of 9.7% in the area during that time. The predominant age group in Clifton Hill is 30-39 years. Households in Clifton Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clifton Hill work in a professional occupation. In 2011, 59% of the homes in Clifton Hill were owner-occupied compared with 58% in 2016.
Clifton Hill has 3,548 properties. Over the last 5 years, Houses in Clifton Hill have seen a 17.74% increase in median value, while Units have seen a -2.75% decrease. As at 31 October 2024:
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