What an great opportunity to purchase an amazing property offering 2 titles, 2 seperate properties, 1 sale.
Downstairs: Renovated retail shop/office of 92 sqm (approx) Currently leased with a 3 year term including a second option of 3 years. The office has only recently been recarpeted and repainted and includes, retail shop front, open plan office area, split system heating and cooling, ample storage and kitchen bathroom with a shower facility. Located on popular Queensberry Street, with the city tram on your doorstep, walking distance to Errol Street and excellent access to City Link.
Upstairs: Seperate 2 bedroom apartment situated above a retail shop with seperate entrace via Queensberry Street. The separate entrance leads to a light and bright living room, first bedroom with built in robes, central tiled bathroom with separate shower recess, large kitchen with electric stove and hot plate, separate laundry, large second bedroom on top level with built in robes and study nook. Features floating timber floors, split system heating & cooling and plenty of storage.
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 12,816 properties. Over the last 5 years, Houses in North Melbourne have seen a -10.73% decrease in median value, while Units have seen a -6.01% decrease. As at 30 June 2026:
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