Victorian Terrace & Stables
Redevelopment Opportunity
Suitable for commercial or residential or both!
Comprising 10 rooms and 2 bathrooms - plus 2 rooms in former stables at rear and on-site undercover parking.
Abundant in period features (granite OFP's, glorious winding staircase, arches)
Huge allotment: Frontage 6.4m (20ft) Depth 40.3m (132ft)
257 square metres land area
Zoned: Mixed Use
Two street frontages
Periodic commercial tenancy in situ (Multiple Occupancies)
Note Registration essential for inspection
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 12,049 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:
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