44 Nicholson StreetFitzroy VIC 3065
Property Details for 44 Nicholson St, Fitzroy
Last Listing description (November 2023)
Fitzroys is pleased to offer a remarkable city fringe opportunity located at 38-44 Nicholson Street, Fitzroy for sale via Expression of Interest closing Thursday 16th November at 3pm.
- Situated at the northeastern gateway of the Melbourne CBD and overlooking The Carlton Gardens an imposing building ripe for repositioning and redevelopment (STPA).
- This rare land holding is surrounded by many of Melbourne's most iconic landmarks including The Royal Exhibition Building and Melbourne Museum and is in walking distance to the Melbourne's Theatre and entertainment precinct, City Centre, Parliament Train Station, together with the eclectic retail and lifestyle precincts of Gertrude Street, Brunswick Street and Smith Street all being nearby.
- "Osborne House" consists of 2 interconnected 3 level buildings incorporating commercial tenancy together with former rooming house accommodation encompassing 2,523sqm* together with onsite parking to the rear.
- A generous 1,782sqm* land parcel with 32.4m frontage to Nicholson Street together with rear access off Princess Street.
- Favourable "Commercial 1" zones offering a range of alternate uses and development outcomes (STPA).
- Strategically located within recognised medical health and education precinct with St Vincent's Hospital, Eye and Ear Hospital and Epworth Freemasons all nearby.
*Approx.
Property History for 44 Nicholson St, Fitzroy, VIC 3065
- 16 Aug 2024Sold for $10,076,000
- 13 Oct 2023Listed for Sale Contact Agent
- 25 Sep 1993Listed for Sale Not Disclosed
Recent sales nearby
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0About Fitzroy 3065
The size of Fitzroy is approximately 1.4 square kilometres. It has 8 parks covering nearly 2.7% of 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 10.96% increase in median value, while Units have seen a 16.22% increase. As at 31 March 2026:
- The median value for Houses in Fitzroy is $1,697,148 while the median value for Units is $813,614.
- Houses have a median rent of $985 while Units have a median rent of $650.
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