24/26 Lyons St, Port Melbourne is a 6 bedroom, 3 bathroom House. The property has a land size of 345m2.
This rare opportunity of 3 x 2 bedroom Victorian terrace cottages on one title is a dream for any renovator or investor.
On a total of over 340sqm approx, this unique offering is filled with period charm including Baltic pine floorboards, high ceilings, decorative arches and sash windows. Each home consists of a north-west facing living room, 2 sizeable bedrooms, a spacious kitchen with gas cooking, a tidy bathroom and laundry, with No 26 enjoying an additional dining room, an external laundry and detached 2nd toilet.
Each terrace is currently tenanted and offer gas heating, delightful courtyards, garden sheds and permit parking. With outstanding potential to renovate and potentially subdivide (STCA) to maximise your investment, it's an exceptional proposition for those with a keen eye for seizing the opportunity.
Conveniently located, just footsteps to buzzing Bay Street's caf precinct and night life, walk to the light rail, buses, the lovely Edwards Park, Lagoon Reserve and the beautiful Gasworks Arts Park, and within a short stroll to the spectacular foreshore at Port Melbourne Beach.
3 terrace houses on one title
3-4 principal rooms each
Exceptional renovation and investment opportunity
Seconds to Bay Street shopping
A real estate rarity
The size of Port Melbourne is approximately 10.1 square kilometres. There are 34 parks, covering nearly 11.2% of the total area. The population of Port Melbourne in 2016 was 16175 people. By 2021 the population was 17633 showing a population growth of 9.0% in the area during that time. The predominant age group in Port Melbourne is 30-39 years. Households in Port Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Port Melbourne work in a professional occupation.In 2021, 54.30% of the homes in Port Melbourne were owner-occupied compared with 50.50% in 2016.
Port Melbourne has 13,412 properties. Over the last 5 years, Houses in Port Melbourne have seen a -4.39% decrease in median value, while Units have seen a -0.59% decrease. As at 30 June 2026:
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