135 Peel StreetNorth Melbourne VIC 3051
Property Details for 135 Peel St, North Melbourne
135 Peel St, North Melbourne is a 4 bedroom, 2 bathroom House and was built in 1880. The property has a land size of 126m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (June 2023)
Discover an exceptional opportunity with this magnificent five-bedroom Victorian terrace. Steeped in history, this unique property boasts incredible flexibility and versatility, thanks to its mixed zoning. With plenty of potential for future residential or commercial purposes, you can truly make this property your own.
Located within walking distance of the Queen Victoria Market, city-bound trams, and in the highly sought-after University High School zone, this extraordinary residence is perfectly positioned for convenient city living. The prominent Victorian-era faade, high decorative ceilings, marbled fireplaces, and period-inspired timber staircase create an impressive sense of grandeur.
Inside, this residence delivers outstanding versatility and flexibility, with separate living and dining zones, gas cooking, an open courtyard, and two separate showers and toilets. The generously sized bedrooms offer seclusion and privacy, while upstairs features a private balcony, timber flooring, and under-stair storage for added appeal.
Surrounded by a wealth of amenities, you can indulge in fine dining or cultural pursuits at your leisure. Don't miss out on this exceptional opportunity to own a piece of history with unlimited potential.
Currently rented on a residential lease returning over $62,000 per annum making this a great investment opportunity!
Property History for 135 Peel St, North Melbourne, VIC 3051
- 03 Jun 2023Sold for $1,395,000
- 16 Mar 2023Listed for Rent $1,200 / week
- 12 Oct 2022Listed for Sale Not Disclosed
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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 12,056 properties. Over the last 5 years, Houses in North Melbourne have seen a 14.56% increase in median value, while Units have seen a 12.70% increase. As at 31 August 2024:
- The median value for Houses in North Melbourne is $1,249,163 while the median value for Units is $505,232.
- Houses have a median rent of $700 while Units have a median rent of $550.
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