Accompanied by council approved plans and town planning approval for four architecturally design town residence, this boutique allotment is sure to delight developers. Offering a perfect blend of light, space, quality, security and attention to detail. Utilise existing plans and start immediately, especially with the new planning regulations development sites like this will not exists in the near future. This perfect sized allotment is sure to accommodate and inspire endless possibilities for developers at all levels. A superb location just moments to Melbourne's CBD, Hospitals, Universities, Errol Street cafes, public transport at your door and fine schools all combine to create a successful outcome.
Key attributes of this fantastic opportunity are:
Planning permit approved and endorsed for 4 townhouses
Alexkarbon Real Estate Pty Ltd
122 Errol Street, North Melbourne
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 2016 was 14940 people. By 2021 the population was 14953 showing a population growth of 0.1% 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 2021, 33.00% of the homes in North Melbourne were owner-occupied compared with 28.50% in 2016.
North Melbourne has 12,754 properties. Over the last 5 years, Houses in North Melbourne have seen a -8.72% decrease in median value, while Units have seen a -4.55% decrease. As at 30 April 2026:
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