For Sale by Expressions of Interest Closing Wednesday 28 June 2023 at 2 pm.
This grand two story Victorian Shop and Dwelling, formerly used as a restaurant for many years, offers ultimate flexibility to continue its food & beverage history, begin a new retail venture, provide a strong rental return for investors or for owner occupiers to convert to a full residential use. A local North Melbourne institution, the building boasts a wide frontage of close to 6 m, significant restaurant/retail space, full commercial kitchen, first floor dwelling with 2-3 bedrooms, kitchen and bathroom with both internal and external access and rear off street parking for 2 cars. Brilliantly located on Queensberry Street just across from the North Melbourne Town Hall and busy Errol Street the property boasts a site area of 208 sqm (approx), is situated in the highly sought after Mixed Use Zone and offers the ability to add value throughout. You cannot afford to let this opportunity pass. The property is being sold with vacant possession and on flexible settlement terms. Inspect by appointment.
The size of North Melbourne is approximately 2.4 square kilometres. There are 12 parks, covering nearly 4.7% of the 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 12,801 properties. Over the last 5 years, Houses in North Melbourne have seen a -13.53% decrease in median value, while Units have seen a -7.61% decrease. As at 31 May 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.