25/198-210 Peel StreetNorth Melbourne VIC 3051
Property Details for 25/198-210 Peel St, North Melbourne
25/198-210 Peel St, North Melbourne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1999. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in North Melbourne in the last 12 months.
Last Listing description (February 2024)
Perfectly positioned, immaculately presented & ready to move in, this newly refurbished 2-bedroom apartment is a perfect investment or entry-level home encapsulating the convenience of an ultimate city-lifestyle. Boasting a spectacular North Melbourne location with stunning city skyline views from a communal rooftop terrace, this efficiently designed apartment offers the ultimate convenience with a unique appeal.
Located right on the doorstep of the CBD this two-level apartment is offers investors a point of difference in a bustling rental market. Featuring an open plan living area & kitchen, two balconies, two sizeable bedrooms with built-in robes & ample storage space, central bathroom plus a powder room & European laundry facilities. Also featuring newly refurbished modern floorboards, brand new oven & dishwasher. Highlighted by a stunning communal rooftop terrace, enjoy pleasant summer nights entertaining friends & soak up the breathtaking city views.
Building features include secure entry, secure basement parking & bicycle storage facilities.
Ideally located at the fringe of the CBD, this apartment offers a city location like no other. Enjoy easy access to the Queen Victoria Market, University precinct, Errol Street eateries & caf's, as well as easy access to public transport with trams right at your doorstep & Flagstaff Train Station just footsteps away. Don't miss out on making this wonderful apartment your new home or investment.
To book a private inspection or for further information, please contact Annamaria on 0481 602 108
Property History for 25/198-210 Peel St, North Melbourne, VIC 3051
- 09 Feb 2024Sold for $590,000
- 19 Jan 2024Listed for Sale $570,000-$580,000
- 09 Mar 2013Listed for Rent - Price not available
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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 11,892 properties. Over the last 5 years, Houses in North Melbourne have seen a 9.83% increase in median value, while Units have seen a 13.41% increase. As at 31 October 2024:
- The median value for Houses in North Melbourne is $1,357,465 while the median value for Units is $527,495.
- Houses have a median rent of $700 while Units have a median rent of $540.
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