103/188-196 Peel St, North Melbourne is a 1 bedroom, 1 bathroom Unit and was built in 2010. The property has a floor size of 19m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in North Melbourne in the last 12 months.
This well-equipped Peel Street studio is mere metres from Melbourne University and within walking distance of the CBD, offering total lifestyle convenience in sought-after North Melbourne. Previously leased at $400 per week, this affordable piece of real estate would make for a fantastic addition to a savvy investor's portfolio or a great entry into the property market for a first home buyer.
Capitalising on every square inch of space, find an open-plan kitchen boasting an induction stove-top, tiled splashback and Blanco rangehood along with adequate storage and a contemporary, fully tiled bathroom. The versatile living/bedroom space is flooded with abundant natural light from its private outdoor space. Additionally, double-glazed windows provide peace and quiet, while an efficient split system A/C ensures comfort year-round throughout the entire space.
The location is truly unbeatable. Within walking distance, you'll find an array of amenities, including RMIT University, Queen Victoria Market, Royal Melbourne Hospital, and a myriad of local cafes and restaurants. Grocery shopping is a breeze with Metro City Woolworths right next door, whilst an abundance of trams at your doorstep makes travelling around the city effortless.
Building features include an elevator, resident manager, communal laundry, security entry/foyer, CCTV security, reception area, communal lounge/conference space, bicycle storage and WiFi.
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 12,044 properties.
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