172 Napier St, Fitzroy is a 4 bedroom, 2 bathroom House. The property has a land size of 199m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 4 bedroom House sold in Fitzroy in the last 12 months.
Positioned in one of Fitzroy's most tightly held and historically significant precincts, 172-176 Napier Street presents an extraordinarily rare opportunity to secure a substantial heritage holding with exceptional scope for transformation.
Defined by its distinctive period faade and rich architectural character, this historic property now awaits its next chapter. Requiring a comprehensive renovation or complete redevelopment behind the retained heritage frontage (STCA), it offers an outstanding blank canvas for architects, developers and discerning owner-occupiers to create a truly remarkable inner-city residence.
Opportunities of this calibre are becoming increasingly scarce. Whether your vision is an elegant heritage restoration, a sophisticated contemporary extension or a bespoke architectural masterpiece that respects the property's historic significance, the possibilities are both inspiring and enduring.
Perfectly positioned just moments from the heart of Fitzroy, the property enjoys an enviable lifestyle setting surrounded by Melbourne's finest cafs, acclaimed restaurants, boutique shopping and renowned cultural attractions. Edinburgh Gardens, Carlton Gardens, Melbourne University, major hospitals and the CBD are all within easy reach, while excellent public transport provides seamless connectivity throughout the city.
Set amongst some of Melbourne's most admired period homes, this blue-chip address offers the rare combination of heritage character, significant future potential and an unrivalled lifestyle location.
A truly once-in-a-generation opportunity to create a landmark residence in one of Melbourne's most sought-after inner-city neighbourhoods.
Highlights
- Significant heritage property with retained period streetscape
- Exceptional opportunity to renovate or redevelop behind the heritage faade (STCA)
- Rare offering in one of Fitzroy's most tightly held locations
- Moments from Brunswick Street, Smith Street and Melbourne CBD
- Surrounded by cafs, restaurants, parklands, transport and leading education precincts
- Outstanding opportunity for architects, developers and luxury home buyers alike
- Offered across two separate titles, this exceptional opportunity provides the flexibility to purchase each title individually or secure the entire holding, creating a rare proposition in the heart of Fitzroy (STCA)
- The property qualifiedfor two street parking permits from the city council
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Live Streaming via GAVL
McGrath clients have the opportunity to watch, bid and buy on live property auctions.
Register through www.gavl.com and follow the property link:
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Disclaimer: The information contained herein has been supplied to us and is to be used as a guide only. No information in this report is to be relied on for financial or legal purposes. Although every care has been taken in the preparation of the above information, we stress that particulars herein are for information only and do not constitute representation by the Owners or Agent. We always recommend undertaking your own due diligence.
The size of Fitzroy is approximately 1.4 square kilometres. There are 8 parks, covering nearly 2.7% of the total area. The population of Fitzroy in 2016 was 10445 people. By 2021 the population was 10431 showing a population decline of 0.1% in the area during that time. The predominant age group in Fitzroy is 30-39 years. Households in Fitzroy are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Fitzroy work in a professional occupation.In 2021, 38.10% of the homes in Fitzroy were owner-occupied compared with 34.50% in 2016.
Fitzroy has 8,867 properties. Over the last 5 years, Houses in Fitzroy have seen a -7.49% decrease in median value, while Units have seen a 14.41% increase. As at 31 July 2026:
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